Fitch Solutions expects GCC economy to grow 1.9% in 2023
Fitch Solutions expected on Tuesday that the economy of the Gulf countries will grow by 1.9 percent this year,…
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United Arab Emirates
UAE’s Dubizzle begins its work in Egypt
UAE’s advertising company Dubizzle announced on Tuesday the launch of its work in the Egyptian market along with…
BRICS receives membership requests from 19 countries
Nineteen countries expressed an interest in joining the BRICS group of nations, including 13 countries have…
China’s CICC plans to expand in Saudi Arabia, UAE
China International Capital Corp (CICC) is exploring expansion plans in Saudi Arabia and the United Arab Emirates,…
UAE cancels MTS Bank license in fear of sanctions
The United Arab Emirates central bank will be canceling the license given to Russian MTS Bank last year, after…
Egypt’s gold, precious stones exports hit $1.633bln in 2022
Egypt’s gold exports grew by 45 percent reach $1.633 billion in 2022 compared to $1,126 billion in 2021, according…
Syrup cafe opens at UAE’s highest peak, Jebel Jais
Syrup, a tiny container-style venue offering desserts has opened on UAE's highest peak at Jebel Jais in Ras Al…
Egypt’s PM inaugurates Turathna exhibition for handicrafts, heritage
Egypt’s Prime Minister Moustafa Madbouly has inaugurated on Sunday the fourth edition of Turathna Exhibition for…
Egypt’s sugar plant, the biggest in the world, to produce 900,000 tons
Egypt has started the official operations on the new production plant in the country's southern part to produce…
Major Gulf stocks rise; banking and real estate shares boost UAE
Major Gulf stock stocks increased in early trade on Tuesday, with banking and real estate shares helping indexes in…