back to top

Market

GCC-US trade hits $93.6 billion in 2023, but investment flows show mixed signals

According to the Statistical Centre of the Cooperation Council for the Arab States of the Gulf, the GCC exported goods worth $57.5 billion to...

Crypto’s No. 2 token Ether, posts best week since 2021 amid trade thaw, tech optimism

Ether surged nearly 33% this week, marking its strongest rally in over three years, as easing global trade tensions and a major network upgrade boosted investor confidence in the digital asset market.

U.S. Dollar on the course for worst two-month slide since 2002

After a turbulent March and April, the dollar was set to fall 7.7%, marking its biggest two-month drop since May 2002. Although the dollar...

Riyadh Air: Top airline expert appointed as Chief Operating Officer

Bellew who was the Chief Operating Officer for British low-cost carrier EasyJet revealed in a post on LinkedIn.

GCC GDP could touch $13 trillion by 2050 with green growth strategy

Issam Abu Suleiman, Regional Director of the GCC at the World Bank pointed out that the combined GDP of the region will be $6 trillion if they continue to operate without implementing a green economic growth strategy.

Multiply Group sets out its 2023 strategic growth plan, targets more acquisitions

In 2022, Multiply Group registered 38.6% weighted average growth across its operating verticals.

82% of UAE residents plan to utilize annual bonus for investments: Report

According to the survey, the top priorities among most UAE residents when utilizing their bonus include investing in property (24%), saving for retirement (17.6%), paying off debts (15%), and saving for their children’s education (14%).

UAE, Saudi Arabia continue to take lead in regional CSR

Cicero & Bernay Communication Consultancy (C&B), a leading MENA agency headquartered in Dubai, in partnership with 3Gem Research and Insights, a global research partner,...

Don't miss

National Life and General Insurance Company: Delivering value beyond insurance to customers

Oman’s largest insurer NLGIC is on course to become a regional multi-line, multi-country giant delivering value beyond insurance to the customers.

AI central to UAE’s economic diversification, says COP28 President-Designate

AI will contribute to the UAE’s net zero strategic initiative by 2050 and help unlock advances in climate progress, says H.E. Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology.

Economic growth in GCC to more than halve in 2023: World Bank report

However, the GCC growth will still outperform the wider Middle East and North Africa region, forecast to grow by 3% in 2023, down from 5.8% growth in 2022.

KitchenomiKs aims to transform on-demand food economy in Oman

KitchenomiKs cooks up dainty on-demand delicacies, tossing in emerging technologies, yummy multi-brand choices and seamless delivery.

Real estate sector in GCC experiencing ‘profound transformation’: Expert

The real estate sector in the GCC region is...
spot_img