The rating agency is projecting continued strong momentum in Dubai’s hospitality, and financial services sectors to drive growth in 2024/25
GCC welfare systems can be enhanced by strengthening coherence among social protection programmes, expanding the social insurance offering, and focusing on the economic activation of social assistance beneficiaries
The UAE President is attending the Vibrant Gujarat Global Summit, taking place in the city of Gandhinagar, from January 10 until January 12
Growth in Saudi Arabia is projected to grow by 4.1 per cent this year, rising to 4.2 per cent next year
The upcoming events will take place across two venues – DWTC and Dubai Exhibition Centre (DEC) at Expo City Dubai
Chief Investment Officer of Saxo Bank, Steen Jakobsen, recently sat down with Gulf Business in an exclusive interview on the economic picture for 2024
Both the Riyad Bank Saudi Arabia PMI and the S&P Global UAE PMI remained way above the 50-mark that separates growth from contraction
The total number of deported workers from Bahrain numbers almost 400 since the end of November 2023
The financial and insurance sector grew by 14.4 per cent YoY and the value-added by the industry surged to Dhs18.7bn
The trade deal builds on growing bilateral cooperation between the two countries, which saw non-oil trade hit a record $2.1bn in H1 2023
UK Finance Minister Jeremy Hunt said the outlook for the economy was not as bad as the updated official figures suggested
The kingdom has been studying setting up the trading platform in the second half of 2023 but a decision is not expected any time soon
The apex lender projected that the country’s overall GDP will grow by 3.1 per cent in 2023
The hotels, among Egypt’s grandest, include the Cataract in Aswan, the Winter Palace in Luxor, the Mena House in Cairo and the Cecil in Alexandria
In this interview, Sri Lankan President, Ranil Wickremesinghe, talks in-depth about his country’s economic reforms and climate plans.
India is entering the central take-off portion of the S-curve when urbanisation, industrialisation, household incomes and energy consumption increase most rapidly
An over-valued currency, weak property rights and institutions, and an overbearing state and military have deterred investment and competition
The budget estimates expenditures of SAR1.3tn in 2024 and total revenues of SAR1.2tn
The kingdom will host the global event from October 2030 until March 2031
The programme aims to foster trust between SMEs and financial institutions, and lead to collaborative credit assessment
From the upcoming climate conference in UAE, to inflation numbers in the US, and China’s GDP targets, a look at what the markets are tracking
The Gulf’s biggest economy will be among the three top fastest growing countries in the world next year, with only India and Indonesia set to expand faster
In China, stocks fell on Thursday, as investors were disappointed by the top level Sino-US meeting
The Executive Council approved an ambitious plan to stimulate Dubai’s industrial sector and drive the goals of the Dubai Economic Agenda D33
Business optimism and expectations for future activity growth hit its highest since February 2020
The economic principles include building a digital economy and a fair legislative environment
The former World Bank executive also talks about the hard choices the world has to make to get to net zero
The expenditure for the fiscal year 2024 alone is estimated at Dhs79.1bn, as the city seeks to accelerate growth and support the objectives D33
The country’s debt problems have come amid a bruising economic crisis that has triggered a string of currency devaluations and record inflation
Inflation hit a 24-year peak of 85 per cent last year and surged again in recent months as the lira weakened for a third year in a row