Oman’s annual inflation rate eases to 1.1% in April, lowest since March 2021
RIYADH: Decelerating food prices drove Oman’s inflation levels to a 10-month low of 1.1 percent in April, according to the...
Economy
IMF expects Egypt to contribute 1.7% to global growth
RIYADH: The Egyptian economy is expected to contribute around 1.7 percent to the growth of the global economy over the...
Number of properties sold during February up 78.8%: PSA
Doha: The total number of properties sold during February rose 78.8 percent according to the Planning and Statistics Authority’s monthly...
Qatar’s economy records 8% growth rate in Q4 of 2022
RIYADH: Qatar achieved a real growth rate of 8 percent in the fourth quarter of 2022 compared to the same...
Qatar’s economic growth is strong: ICAEW
Doha: The latest Economic Insight report for the Middle East, commissioned by ICAEW and compiled by Oxford Economics, revealed that...
Profits at top Saudi banks jump 17.6% in Q1
Profits at top Saudi banks jumped 17.6% in Q1. Profits well diversified, according to Alvarez & Marsal. Saudi's foreign reserves...
GCC can create 600,000 tech jobs and add US$255 billion to GDP by 2030
GCC can create 600,000 tech jobs and add US$255 billion to GDP by 2030. By harnessing digital economies, GCC can...
What will Qatar do with its World Cup infrastructure after FIFA 2022 ends?
World Cup–specific infrastructure, such as stadiums, would be repurposed as schools, hospitals and similar establishments, but some of them would...
Egypt’s Trade minister, Hungarian ambassador discuss economic relations
Minister of Trade and Industry Nivine Gamaa probed during a meeting here Thursday with the new Hungarian ambassador to Egypt...
Egypt’s government discusses potential development ventures with Jordan, Iraq
The Egyptian government has discussed a number of potential joint development projects to be carried out with Jordan and Iraq,...
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