Fitch affirms Abu Dhabi’s ‘AA’ rating with stable outlook
Abu Dhabi's fiscal position remains among the strongest of sovereigns with a Fitch rating, despite these structural constraints...
Category : Economy
IF Insights: Saudi youth become key to the Kingdom’s growth
The entrepreneurial spirit of Saudi youth is one of its greatest advantages...
Saudi inflation remains steady at 2.3% as Kingdom’s economy continues to grow
Saudi's economy grew in the first quarter, supported by activity in the non-oil sector as the Gulf nation pushes on to diversify away from hydrocarbons, under the ambitious Vision 2030 agenda...
Basic strategies for ‘cost-of-living’ relief: A guide for young professionals
As the cost-of-living becomes a serious issue globally, incumbent governments in major economies, including the Democrats in the US and the Conservatives in the UK, faced significant backlash last year...
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...
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...