BRUSSELS, BELGIUM - In the European Union countries, 75 percent (193.5 million) of people in the 20-64-year- age group were employed, the highest since the start of the time series in 2009, as per the labor force data published by Eurostat. The employment rate dropped to 72 percent in 2020...
Record real estate deals in 2021 will drive the sector in next 50 years: DLD
The record real estate transactions will contribute to driving the sector in the next 50 years during which the UAE seeks to build the best economy globally, Dubai Land Department said on Friday. A total of 84,196 real estate transactions worth almost AED 300 billion ($81.67 bn) were recorded last...
Infath of Saudi Arabia logs $159.9m sales in October
Entrustment and Liquidation Center (Infath) of Saudi Arabia has raked in its highest ever amount in October thanks to sales of more than $159.9 million.
Shares of Al Rajhi Bank gain three percent, rise to highest level in 15 years
Shares of Al Rajhi Bank gained three percent in today’s trading session, touching its highest level in 15 years. The share was trading at SR135.20 in the morning session.Saudi exports leap up 40 percent to $6.2bn in June
Saudi non-oil exports recorded a 40 percent jump, the highest-ever monthly level, in June 2021, touching $6.2 billion.
Dubai’s consumer confidence surges to a ten-year high, signaling economic recovery
The second quarter of 2021 saw consumer optimism at its highest Consumer confidence rose to 151 points as against 125 points during the same period last year For the first time in nearly ten years, Dubai’s consumer confidence has risen to its highest level, signaling a momentum for broader...
Hotels in Riyadh earn best rates in three months as travelers fill up rooms
Arab News quoted the research company on Monday that Occupancy stood at 42.8% The growth is due to easing of travel restrictions and return of international flights Owing to the easing of travel restrictions and return of international flights to the city, Riyadh’s hotel industry is showing signs of cheer...
