France’s Emmnuel Macron urges Lebanon to ‘get rid’ of leaders blocking reforms
French President Emmanuel Macron called on Lebanon Friday to “get rid” of politicians who have for months blocked sweeping reforms…
Comment & Analysis
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MENA CEOs more bearish about 2023 than global peers
CEOs in the Middle East region are more negative about the macroeconomic outlook for 2023 than their European and American…
UAE economy survived economic impact of COVID-19: IMF
The UAE economy has quickly survived the economic impact of the COVID-19, with near-term economic growth being strong, underpinned by…
Nearly 75% of UAE firms to hand out bonuses: new survey
Most companies in the UAE are expected to hand workers their bonuses for 2022, as business conditions improved and the…
CBUAE projects real GDP to grow by 7.6 % in 2022
The Central Bank of the United Arab Emirates projected the real GDP to grow by 7.6 percent this year, instead…
Kuwait posts highest unemployment rate in Gulf for last 10 years
The credit rating agency, Fitch, expects Kuwait to record 1 percent growth in GDP in 2023, compared to 0.8 percent…
Professional development is key for growth in Middle East advice industry
It’s an undeniable fact that the relatively recent pandemic proved to be a disruptive catalyst for the insurance sector in…
Portfolios under management in Saudi Arabia increase by 680% in Q3
The number of portfolios under management in Saudi Arabia increased at a record rate of about 680 percent in the…
Bank customers in Kuwait continue to ‘fall prey to fraudsters’
Beware of swindlers who flirt with clients using names of well-known investors and bankers. Messages such as “Congratulations, you won”,…
The UAE participates in the first G20 Finance and Central Bank Deputies Meeting
The UAE participated in the first G20 Finance and Central Bank Deputies Meeting, which was held on the 13th and…
UAE banks to 'accelerate' Emiratisation; boost SME support
UAE banks are expected to hire more UAE nationals and initiate measures to support small and medium enterprises (SMEs) as…
Dubai: November ‘one of the strongest’ months for new jobs since early 2020
Businesses in Dubai recorded further gains in November, helped by the bounce provided by the start of the FIFA World…