Economy

Economy, Kuwait
Kuwait’s Budget Deficit Drops to $3.46B Despite High Spending

Kuwait’s Budget Deficit Drops to $3.46B Despite High Spending Kuwait ended the 2024-2025 fiscal year with a budget deficit of $3.46 billion…

Economy, Kuwait
Kuwait’s Inflation Up 2.4% in July as Food Costs Rise

Kuwait’s Inflation Up 2.4% in July as Food Costs Rise Kuwait’s inflation rate rose 2.4% in July compared to the same month…

Business, Economy, Energy, Jordan
Jordan and Russia Talk About Stronger Economic Ties in Moscow

Jordan and Russia Talk About Stronger Economic Ties in Moscow Jordan’s Foreign Minister Ayman Safadi met with Russian Foreign Minister Sergey Lavrov…

Economy, Egypt
Egypt Reports Record $13B Budget Surplus Despite Lower Suez Canal Revenues

Egypt Reports Record $13B Budget Surplus Despite Lower Suez Canal Revenues Egypt achieved its largest-ever primary budget surplus in the 2024/25 fiscal…

Economy, Saudi Arabia
Saudi Arabia’s Economy Stays Strong as Non-Oil Sector Grows, Says IMF

Saudi Arabia's Economy Stays Strong as Non-Oil Sector Grows, Says IMF The International Monetary Fund (IMF) said Saudi Arabia's economy is doing…

Economy, Saudi Arabia
Saudi Arabia’s Budget Deficit Drops to $9.2 Billion in Q2 Thanks to Higher Oil Revenues

Saudi Arabia’s Budget Deficit Drops to $9.2 Billion in Q2 Thanks to Higher Oil Revenues Saudi Arabia’s budget deficit fell to $9.2…

Economy, UAE
GCC Central Banks Keep Interest Rates Unchanged, Following US Fed

GCC Central Banks Keep Interest Rates Unchanged, Following US Fed Central banks in the Gulf Cooperation Council (GCC) have decided to keep…

Economy, Gulf News
Baladna Algeria Signs $500M Contracts for Farming Project

Baladna Algeria Signs $500M Contracts for Farming Project Baladna Algeria has signed contracts worth over $500 million with both Algerian and international…

Economy, Energy, Saudi Arabia
Saudi Arabia’s Non-Oil Exports Rise 6% in May to $8.3 Billion

Saudi Arabia's Non-Oil Exports Rise 6% in May to $8.3 Billion Saudi Arabia’s non-oil exports grew by 6% in May 2025 compared…