Economy

Banks in the Emirates, Saudi Arabia and Qatar are geared positively towards rising interest rates, Fitch says

Labour market reforms, digitalisation and improvements in the regulatory and business environment are driving economic transformation

New lending facility funds will help the country address climate change and boost its preparedness against natural disasters

Figures show a continuing trend of increased work participation

Countries are missing out by not tapping women’s potential during the weakest medium-term economic growth outlook in more than three decades, IMF says

Influx of tourists, government initiatives and technological advancements will spur economic growth, rating agency says

Investments in the first half of 2023 result in a 20% annualised growth since 2018, compared to a 49% decline globally

Achievement comes within 16 months of the establishment of the Public Debt Management Office

Higher prices, elevated interest rates and politics all factoring in consumers' anxieties

Mansoor Abulhoul, UAE ambassador to the UK, encouraged by the prospect of closer trading ties

Development of tourism is a major aim of Middle Eastern nations, especially the six-member economic bloc

Consumer price index was about 1 per cent higher than July

The former Greek finance minister explains how 'capital has mutated into cloud capital', demolishing profit and markets

Policymakers are pushing back against expectations for easier monetary policy next year

Fresh policies on management, business regulation and trade can raise economic output by up to 8% in four years while supporting decarbonisation efforts

Shareholders in the cargo company Saudi Arabian Airlines and Tarabot Air Cargo Services are selling 24 million shares equivalent to a 30 per cent stake

The move could attract more foreign investments into bonds, strengthen the rupee and improve the country’s credit rating, experts say

The figure represents about 33% of the world’s SWF assets, the largest share of any region in the world, report says

The law allows deduction of costs that are required in the conduct of business

Future 100 initiative joins hands with 25 partners to enhance the future readiness of SMEs