Economy

Economy, Oil, Saudi Arabia
Saudi Arabia’s annual inflation increased to 2% in January, mainly due to a rise in housing and rental prices

Saudi Arabia's annual inflation increased to 2% in January, mainly due to a rise in housing and rental prices Saudi Arabia's annual…

Saudi Arabia’s annual inflation increased to 2% in January, mainly due to a rise in housing and rental prices
Economy, Saudi Arabia
Saudi Arabia has a $31 billion budget deficit in 2024 due to lower oil revenues, which is more than expected

Saudi Arabia has a $31 billion budget deficit in 2024 due to lower oil revenues, which is more than expected Saudi Arabia…

Saudi Arabia has a $31 billion budget deficit in 2024 due to lower oil revenues, which is more than expected
Banking & Insurance, Economy, UAE
ADNOC Distribution’s yearly profit drops 7% to $659 million

ADNOC Distribution's yearly profit drops 7% to $659 million ADNOC Distribution, a fuel and convenience store company in the UAE, reported a…

ADNOC Distribution’s yearly profit drops 7% to $659 million
Dubai, Economy
Dubai’s economy grew by 3.1% in the first nine months of 2024, reaching $92.4 billion

Dubai's economy grew by 3.1% in the first nine months of 2024, reaching $92.4 billion Dubai's economy grew by 3.1% in the…

Dubai’s economy grew by 3.1% in the first nine months of 2024, reaching $92.4 billion
Economy, Egypt
Egypt’s foreign assets fell to $5.3 billion in December due to rising debts abroad

Egypt's foreign assets fell to $5.3 billion in December due to rising debts abroad In December 2024, Egypt’s foreign assets dropped to…

Egypt’s foreign assets fell to $5.3 billion in December due to rising debts abroad
Economy, Egypt
Egypt’s Suez Canal Economic Zone gets $8.1 billion in investments for 255 projects

Egypt's Suez Canal Economic Zone gets $8.1 billion in investments for 255 projects Egypt’s Suez Canal Economic Zone (SCZone) has attracted an…

Egypt’s Suez Canal Economic Zone gets $8.1 billion in investments for 255 projects
Business, Economy, Egypt
The Central Bank of Egypt will issue $1 billion in treasury bills to get more foreign currency

The Central Bank of Egypt will issue $1 billion in treasury bills to get more foreign currency The Central Bank of Egypt…

The Central Bank of Egypt will issue $1 billion in treasury bills to get more foreign currency
Economy, Saudi Arabia, Syria
Syrian Pound Rises Against US Dollar After President Al-Sharaa Visits Saudi Arabia

Syrian Pound Rises Against US Dollar After President Al-Sharaa Visits Saudi Arabia The Syrian Pound (SYP) became stronger against the US dollar…

Syrian Pound Rises Against US Dollar After President Al-Sharaa Visits Saudi Arabia
Economy, Gulf News, Investment, Jordan
Jordan signs agreement with the EU, supported by an investment package worth $3.1 billion

Jordan signs agreement with the EU, supported by an investment package worth $3.1 billion On Wednesday, the European Union (EU) promised to…

Jordan signs agreement with the EU, supported by an investment package worth $3.1 billion
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MOST READ

For June, 2024

  1. Mohamed Alabbar: Visionary Entrepreneur Behind Dubai’s Global Rise
  2. Abu Dhabi Department of Energy Launches New Unified Gas Code and Regulations
  3. Abu Dhabi, Norway, and Singapore Funds Invest in Groww’s $754 Million IPO
  4. EFG Hermes Completes Advisory on $52.1 Million Sale of MOPCO Shares
  5. BP Starts New Gas Production from Egypt’s Offshore Raven Field
  6. ADNOC Distribution’s Profit Rises 22% in Q3 with Strong Sales and Expansion
  7. Apple Shares Rise as Strong iPhone 17 Demand Boosts Revenue Outlook
  8. Arab Investment Company and Franklin Templeton Sign $70M Deal for Gulf Bond Fund
  9. Saudi Arabia’s Economy Grows 5% in Q3 2025 as Oil and Non-Oil Sectors Expand