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MENA News
UAE’s Mubadala leads gulf sovereign investment surge in ’24
Abu Dhabi’s Mubadala Investment Company accounted for 20 per cent of the $136.1 billion spent by sovereign wealth…
Saudi PIF assets surge 37% in Q3-24
Saudi Arabia’s Public Investment Fund (PIF) assets surged by 37 per cent year-on-year to SAR160.087 billion at the…
S. Arabia unemployment rises to 7.8% in Q3-24
Saudi Arabia's unemployment rate among Saudis reached 7.8 per cent in Q3 2024, rising by 0.7 points from Q2 but…
S. Arabia’s FDI net inflows drop by 24%
Saudi Arabia recorded a net inflow of foreign direct investment (FDI) of 16.0 billion Saudi riyals (SAR) during the…
Maysaa Sabrine becomes first woman to lead Syria’s central bank
Syria's interim administration appointed Maysaa Sabrine to lead Syria's central bank, marking a historic first for…
Qatar’s Q3 private sector exports drop 2.5% to QR 2.56b
Qatar's private sector exports declined slightly by 2.5 per cent in Q3 2024, totalling QR 2.56 billion compared to…
Kuwaiti cabinet endorses 15% tax on multinational entities
Kuwait's Cabinet approved a draft law to introduce a 15 per cent tax on multinational companies operating across…
Jordan’s exports up, trade deficit down in Jan–Oct ’24
Jordan's national exports grew by 4 per cent in the first ten months of 2024, reaching JD7.16 billion, while total…
UAE c. bank projects 4.5% GDP growth in ’25
The Central Bank of the UAE (CBUAE) projects strong economic growth, with the UAE's non-oil trade exceeding AED 1.3…
Sisi: Egypt to ratify D-8 Preferential Trade Agreement
President Abdel Fattah El-Sisi announced on Thursday Egypt’s plans to ratify the Preferential Trade Agreement (PTA)…