Kenya close to borrowing USD 1.5 billion from Abu Dhabi
It is predicted that the ratio will only slightly decrease to 65.6% by 2026, and that the amount paid towards external debt will decrease to
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The growth of electric vehicles in Gulf region: A sustainable transformation
Consumer acceptance of electric vehicles is gradually increasing in the Gulf region
Sri Lanka’s credit risks could stay ‘elevated,’ say Moody’s amid political change in country
According to Moody's, although it is an improvement over 70% in 2021, that is still among the weakest across sovereigns we rate
Saudi Arabia, US investor relations to flourish in mining, industrial sectors
Talks about potential investments in Saudi Arabia's mining and industrial sectors have begun between Bandar Alkhorayef and notable American leaders
Centi-millionaires in Dubai, Abu Dhabi & Riyadh to surge by 150%
Dubai currently holds the 15th position in Henley's top 50 cities for centi-millionaires, with 212 centi-millionaires, while Abu Dhabi, with 68 centi-millionaires, is ranked 50th
MENA Watch: Exploring complex dynamics of US engagement
Different engagement patterns have arisen, though, and they range between MENA countries and sub-regions, as our database makes clear
Saudi Arabia’s expat fee waiver fuels industrial growth, boosting GDP by 14.7%
An increase in the quantity of goods with the Saudi quality mark is indicative of higher-quality goods
Gulf central banks slash interest rates following US Federal Reserve’s lead
After hiking it 11 times in 16 months and then holding it steady for more than a year, the Federal Reserve cut its benchmark interest
Investors’ eyes on Egypt as nation prepares to sell government stakes in banks
The deal value is expected to be much less than the USD 625 million Egypt raised from the sale of a stake in 2023
Saudi Vision 2030: Kingdom takes AI route to rejuvenate its tourism
Tourism investments are part of Saudi Arabia's Vision 2030 economic reform strategy to diversify its economy away from oil