Sri Lanka cuts interest rates as key creditors may agree on debt reduction measures
Beijing talked about offering new loans to pay down existing debt and...
Category Economy
MENA Watch: All eyes on GCC as United Kingdom begins talks for new free trade agreement
According to the United Kingdom government, a thorough FTA would eventually boost...
Dubai lowers debt by USD 7.8 billion after loan repayment
After the COVID-19 pandemic, Dubai outperformed other economies as it became a...
S&P predicts non-oil sector as main driver of UAE growth in 2023 and 2024
The booming tourist industry in the UAE is also expected to develop...
GBO
Magazine
ICP: Advancing Saudi Arabia’s industrial edgeSince its launch, the ICP has begun delivering tangible results across the industrial sector...
MENA Watch: On Djibouti’s recovery, economists remain hopeful
The medium-term economic picture for Djibouti is promising since peace has returned...
Nigeria faces 18-year high inflation due to President Bola Tinubu’s reforms
Because of Nigeria President Bola Tinubu's decision to allow the naira to...
Kenya President William Ruto welcomes American tech companies to open regional offices
President William Ruto's administration approved the Finance Act of 2023, which instituted...
Optimism in UAE private sector hits highest level since COVID as country eyes strong ASEAN ties
After handling the COVID pandemic and the trade disruptions related to it,...
Sukuk issuance to drop in 2023 as Gulf economies thrive, states Moody’s
Sukuk offers privileged access to the Gulf region, where significant financial reserves...
MENA Watch: Challenges galore for Kuwait’s new Finance Minister Fahad Al-Jarallah
Kuwait's economic recovery is ongoing but risks to the oil producer's outlook...