As UBS finalizes Credit Suisse transformation, Swiss National Bank considers regulation
UBS was working on closing its merger with Credit Suisse by the end of May or early June
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MENA Watch: Oman’s growth set to outpace fellow GCC countries
Oman's GDP at constant prices increased by 4.5% in September 2022 to reach 26 billion Omani riyal, primarily due to the oil sector's 12% gain
Fitch downgrades Egypt to ‘B’ as economy stagger
Fitch stated that the uncertainty around Egypt's ability to meet its external financing needs has increased
Card payments in Philippines to see a double-digit boom in 2023
GlobalData predicted that card payments in the nation would increase by 10.1% in 2023 alone to reach the P2.5 trillion mark
Germany dodges recession, but fear remains as factory orders go down
In the fourth quarter of 2022, the German economy contracted by 0.5%, sparking fears of a technical recession
Saudi Vision 2030: NIDLP continues to power Kingdom’s diversification goals
NIDLP aims to attract private investment, create jobs, develop strategic industries, increase exports, and enhance the overall competitiveness of the Saudi economy
Smartphone market to accelerate in second half of 2023
In Q1 2023, the total number of smartphones shipped globally decreased by 13% to 269.8 million devices
Mark Zuckerberg comes back into billionaires’ club after solid Meta results, layoffs
Mark Zuckerberg is the 12th wealthiest person globally, with an estimated net worth of USD 87.3 billion
Windows 10, mice, keyboards, & webcams will be things of past in Microsoft
Microsoft said that the support for all Windows 10 editions will be discontinued in October 2025
MENA Watch: Egyptians feel brunt of worsening economic crisis
Egypt is the 151st-freest economy in the 2023 Index, with an economic freedom score of 49.6