UAE is a safe haven for global business
A UAE newspaper has said that the country celebrated the 50th year of its formation with pride and satisfaction. …
Market Forecasts
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2022 forecast: Why UAE companies should prepare for rising inflation
Companies in the UAE must start planning for rising costs in 2022 and 2023, according to a senior corporate banking…
Saudi banks’ credit to the private sector goes up by $3.4bln
Saudi commercial banks’ credit to the private sector rose by SR12.7 billion ($3.4 billion) in November when compared to the…
Cost pressures and inflation to lift prices of consumer products
The prices of consumer products are expected to rise significantly next year, according to a new study by AlixPartners. …
Saudi Arabia to finalise Riyadh 2030 strategy next year – state media
Saudi Arabia has delayed the launch of a major development strategy for the city of Riyadh up to 2030 until…
World economy set to exceed $100 trillion for the first time next year: Economic wrap
The world's economic output next year is forecast to exceed $100 trillion for the first time, according to a report…
Amaar Real Estate and McKinsey & Company sign agreement
“Amaar Real Estate Company” and “McKinsey & Company” for management consultancy have signed an agreement. As per the agreement, the…
PIF’s $40bln investment plan to boost growth of startups in Saudi Arabia
Saudi Arabia continues to focus on efforts to spur the growth of startups in the Kingdom to help boost the…
UAE is the Middle East's most globalized country – report
The UAE is among the Middle East's most globalised country as it stood out for its strong or rising connectedness…
Ultra-wealthy buyers enable Dubai property sector to escape six-year slump
Dubai’s property sector has been an unlikely beneficiary of COVID-19, with the ongoing pandemic sparking a long-awaited turnaround in 2021.…
Turkish finance minister briefs banking sector on new economic model
Turkey's Finance Minister Nureddin Nebati has briefed the country's banking association, BDDK banking watchdog and state bank managers on the…
UAE has flexible business environment: Nahyan bin Mubarak
DUBAI - Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence, said the UAE has an attractive and…