Economy MagazineMiddle East leading the way in COVID-19 recoveryIFM CorrespondentJuly 11, 2022July 11, 2022 by IFM CorrespondentJuly 11, 2022July 11, 2022 The Middle East’s economic recovery will continue to follow a mixed pattern given divergent growth strategies and policies across the region.... Read more
Featured Islamic BankingSharjah Islamic Bank launches its new SIB digital accountWebAdminAugust 17, 2021August 18, 2021 by WebAdminAugust 17, 2021August 18, 2021 Sharjah Islamic Bank launches its new SIB digital account... Read more
Economy FeaturedOil, private sectors to boost GCC economic recovery in 2022WebAdminAugust 13, 2021 by WebAdminAugust 13, 2021 Regional countries will grow at the rate of 1.7% this year and 4.2% in 2022... Read more
Economy FeaturedGCC economies to grow by 2.2% this year: World BankWebAdminAugust 6, 2021 by WebAdminAugust 6, 2021 In 2020, the GCC countries saw a GDP contraction of 4.8% due to Covid-19 pandemic and lower oil prices... Read more
Economy FeaturedUAE-Bahrain trade leaps 75% to reach $672 mn in Q2 2021WebAdminJuly 19, 2021 by WebAdminJuly 19, 2021 The trade between the GCC and Bahrain reached a total value of $1.69 bn in Q2 2021... Read more
Economy FeaturedGCC economy first-quarter net profit reaches $40 bnWebAdminJune 4, 2021June 7, 2021 by WebAdminJune 4, 2021June 7, 2021 The earning during this quarter grew by 4.4%, as compared to 2019... Read more
Economy FeaturedOman implements 5% VATAshwini sekarApril 19, 2021 by Ashwini sekarApril 19, 2021 Oman becomes the fourth GCC country to introduce VAT... Read more
Economy Feature MagazineGCC establish economic diversification amid Covid-19WebAdminMarch 31, 2021April 8, 2021 by WebAdminMarch 31, 2021April 8, 2021 Oil and gas production continues to represent over 40 percent of GDP in most of the economies... Read more
Economy FeaturedGCC to see a GDP growth of 2.5% during 2021-23: S&PPritam BordoloiMarch 17, 2021 by Pritam BordoloiMarch 17, 2021 S&P predicts average Brent oil price of $60 in 2021 and 2022 and $55 in 2023... Read more
Featured Islamic BankingNCB to raise more funds through dollar-denominated sukukPritam BordoloiJanuary 18, 2021 by Pritam BordoloiJanuary 18, 2021 NCB said that the number and value of any sukuk to be offered will be determined based on market conditions... Read more