UAE’s non-oil sector sees strong growth amid capacity constraints
The seasonally adjusted S&P Global UAE PMI was 55.0 in January 2025, just slightly down from the nine-month high of 55.4 in December 2024...
Category : Economy
Saudi Foreign Minister meets President Joseph Aoun in historic visit to Lebanon
During the meeting, Prince Faisal and President Joseph Aoun discussed the latest developments in Lebanon...
Egypt, Switzerland sign economic agreement in WEF 2025
Considering Egypt's emphasis on expanding its renewable energy capacity for the production of green hydrogen, he stated his desire to deepen cooperative efforts...
Bahrain’s GDP grows by 2.1% in Q3 2024
Driven by further economic diversification, Bahrain's third-quarter growth reflects favourable trends throughout the GCC, with Qatar's GDP increasing by 2% and Saudi Arabia's by 2.8%...
Non-oil sector to buoy Oman’s GDP growth to 3.1% in 2025
The Sultanate of Oman's sovereign wealth fund, the OIA, released economic projections earlier this week that are in line with this GDP growth estimate at constant prices...
Saudi Arabia drives MENA e-commerce growth during festive season: Report
Around 62% of online purchases in Saudi Arabia were made on mobile devices, making it the country with the highest adoption rate of mobile commerce...
Rachel Reeves suffers new setback as UK economy unexpectedly shrinks
Some businesses said that customers waiting for Rachel Reeves' statement had impacted turnover...
Singapore economists see growth of 3.6% in 2024, monetary policy remains unchanged
Singapore's central bank determines the direction of the S$NEER's policy band, which influences the value of the local currency relative to its major trading partners...
Kuwait GDP to contract in 2024, rebound expected in 2025, predicts IMF
As a result of ongoing production cuts by OPEC+, Kuwait's economy is predicted to remain in recession in 2024, contracting by 20.8%, before gradually improving...
IF Insights: Raking up the debate around capitalism & global inequality
In countries like China and Vietnam, capitalism and integration into global trade networks have helped lift millions out of poverty...