European Central Bank to signal no rush to cut interest rates
The Frankfurt institute is tipped to pause for the third meeting in a row following a historic run of hikes...Economy
Saudi GACA issues air carrier, airport classifications for December 2023
RIYADH, SAUDI ARABIA - The General Authority of Civil Aviation (GACA) issued its monthly classification index for air transport service...Business Economy Aviation
Digital transformation boosts data economy growth in UAE: Report
Data economy on track to become one of the largest economic sectors globally The report suggests stepping up collaboration among...
No jurisdiction to decide Suez Canal claims: Egyptian court
The court refers the dispute between the Suez Canal Authority and Ever Given to a lower court The ship company...
IMF moots coverage of climate change in assessment reports
Action on climate change forms a part of the IMF’s 2021 Comprehensive Surveillance Review A few Directors underline need to...
Double Taxation Agreement between UAE, Jamaica
The agreement will foster cooperation between the tax authorities in the UAE and Jamaica Objectives of the bilateral tax agreement...Tunisia: Central Bank governor pleads with parliament to approve $4 billion IMF loan
Tunisia is struggling to pay off its debts and balance its budget The country is in discussions with the IMF...
MENA: Saudi Arabia was top FDI destination in 2020
Saudi Arabia received $10.4 billion in investment FDI projects in the kingdom fell by 49 percent to 73 Amid all...Some MENA economies see turnaround, others may take time to recover: IMF
Oil-producing countries will post positive growth, while economies dependent on tourism will struggle to stay afloat IMF report says curbing...
Dubai Investment Park, Expo Stations on Route 2020 to open on June 1
The inauguration of more stations comes 6 months after the opening of Route 2020 Route 2020 has so far carried...Bahrain’s Q1 property deal volumes surge 36% to $600m
Bahrain’s Survey and Land Registration Board has said property transaction volumes in the first quarter rose to $600 million This...
Saudi Arabia among top 10 in terms of mobile Internet speeds
Recent reallocation of frequency spectrum likely to increase the capacities of radio networks, improve quality of services Country plans to...
