UAE banks' revenue to jump to $25bln boosted by digitisation – report
The revenue of UAE banks is expected to rise by 52% to about $25 billion by 2030, with digital transformation…
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UAE jobs: Students' salary expectations increase to Dh20,000 per month
The UAE students' salary expectations have increased in the past year amidst more job opportunities during the post-Covid-19 recovery period.…
UAE, Saudi spur GCC retail sales surge to $297 billion
Powered by a buoyant retail sector in the UAE and Saudi Arabia, retail sales across the GCC will jump 15.7…
UAE: Gold prices drop in Dubai in early trade
Gold prices fell remaining steadied early in the day on Wednesday, as signs of cooling US inflation boosted bets for…
Saudi inflation up 3% year-on-year: GASTAT
A rise in food and drink costs helped push Saudi Arabia’s annual inflation rate up by 3 percent in October,…
Egypt’s Banque Misr lands $160m from the African Development Bank to finance SMEs
Banque Misr, one of the largest banks in Egypt, has secured a loan of $160 million from the African Development…
Saudi Arabia’s PIF ups stakes in Meta and Alphabet in Q3
Saudi Arabia’s Public Investment Fund further increased its stakes in Meta and Alphabet in the third quarter of 2022, as…
President highlights UAE’s ambitious, yet balanced, approach to achieve sustainable outcomes at G20
President His Highness Sheikh Mohamed bin Zayed Al Nahyan participated on Tuesday in the main session of the 17th Group…
GCC retail sector overall will see 15.7% YoY growth in 2022 – Alpen Capital
The GCC retail industry will surpass pre-pandemic levels in 2022 as it returns to steady growth after a period of…
Jordan's economy posts faster growth despite global turmoil – IMF
Jordan's growth has quickened in 2022 despite global economic turbulence, driven by strong progress in IMF-backed structural reforms that have…
HSBC Oman board approves merger agreement with Sohar International
HSBC Bank Oman's board of directors has approved entering into a binding merger agreement with Sohar International Bank as the…
Aramco says hydrogen talks with Japan, South Korea are advancing
Saudi Aramco is making progress in talks to supply blue hydrogen to Asia in the next five years, according to…