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MENA News
S. Arabia’s wholesale index up by 2.4% in Oct. ’24
Saudi Arabia's wholesale price index (WPI) rose by 2.4 per cent year on year (YoY) in October, driven primarily by…
S. Arabia’s inflation up 1.9% YoY
Saudi Arabia's annual inflation rate reached 1.9 per cent in October 2024, up from the same month in 2023, while…
World Bank forecasts 1.2% growth for Tunisia in ’24
Tunisia’s economy is set to grow by 1.2 per cent in 2024, according to the World Bank’s latest report, as the…
Lebanon’s FX reserves dip in Oct. ’24
Lebanon's foreign exchange (FX) reserves fell by over $400 million in October, marking the first drop since July…
IMF approves $415m disbursement for Morocco
The International Monetary Fund (IMF) Executive Board has completed the second review of Morocco’s Resilience and…
S.Arabia launches carbon market to fund climate projects
Saudi Arabia has taken a significant step towards addressing climate change by launching a carbon trading market.
Dubai’s GDP grows 3.3% YoY in Q2
Dubai’s GDP for Q2 2024 rose 3.3 per cent year on year (YoY) to AED116 billion, contributing to a total of AED231…
Talabat to sell 15% stake in Dubai IPO
Talabat Holding, the Middle East arm of Delivery Hero, announced plans to sell 3.49 billion shares, representing a…
S. Arabia’s GDP grows by 2.8% in Q3
Saudi Arabia's real Gross Domestic Product (GDP) grew by 2.8 per cent in the third quarter of 2024 compared to the…
Goldman Sachs expands footprint to Saudi Arabia
Goldman Sachs is opening a new office in Riyadh’s King Abdullah Financial District (KAFD), strengthening its…