Economy

Oman’s general budget recorded a surplus of 656 Omani million rials ($1.7 billion) at the end of the first half of 2023, compared to a surplus of 784 million rials achieved over the same period in 2022. According to the Fiscal…
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The non-oil private sector in Dubai witnessed steady growth in July even as the emirate’s Purchasing Managers’ Index slipped slightly compared to June, an economy tracker revealed. According to S&P Global’s latest report, Dubai’s PMI…
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The UAE’s non-oil economy witnessed strong growth at the beginning of the second half of 2023, with companies increasing their hiring and buying activities, despite a softer upturn in sales, an economic tracker revealed. According to the…
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The Saudi-Bahraini Coordination Council held a meeting of its economy, energy, trade and industry committee to discuss ways to enhance joint bilateral cooperation The third meeting of its kind, which was held virtually, was co-chaired by…
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The Moroccan economy registered growth of 1.3 percent in 2022, slowing down from the 8 percent growth registered in 2021, the central bank said late on Saturday. Abdellatif Jouahri, Governor of Bank Al-Maghrib presented the figures to…
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Saudi Arabia achieved strong growth across all sectors despite global economic headwinds, with non-oil and oil business activities contributing significantly to the Kingdom’s real gross domestic product in the first quarter of 2023,…
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European Commission President Ursula von der Leyen and the premiers of two EU member states will travel to Tunisia on Sunday to finalize a deal worth more than €1 billion ($1.12 billion) that aims to combat people smuggling and human…
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Saudi Arabia and Turkiye aim to further strengthen their cooperation in the fields of economy, urban development and city planning, as top ministers from both sides met in Ankara on Tuesday. During the meeting, Saudi Minister of…
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The Cabinet, chaired by Custodian of the Two Holy Mosques King Salman on Tuesday at Al-Salam Palace in Jeddah, affirmed the government's keenness to develop and diversify the Kingdom's economy, and improve the investment environment. In…
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There is “no good reason” why the UK cannot train enough lorry drivers and fruit pickers among its own citizens to reduce immigration, Home Secretary Suella Braverman told the National Conservatism Conference on Monday. Britain’s…
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