Moody’s changes outlook on Saudi banks on reforms, oil price
Demand for credit is high and loan performance is improving, and this is likely to translate into robust profits for banks, Moody's noted
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Marble Palace: Dubai’s most expensive home on sale for USD 204 million
The Marble Palace is covered in ornate gold leaf decoration and echoing marble
Dubai real estate sales prices continue to grow
Average rents in Dubai increased by 24.2% in the year to May 2023, compared to a growth rate of 25.8% in the year to April
Saudi Vision 2030: Will the pharmaceutical industry get its much-needed boost?
The Kingdom’s aim is to increase domestic pharmaceutical manufacturing from 20% to 40%, as per the home market requirements
Kenya President William Ruto’s tax hikes alienate his ‘hustler’ base
Since William Ruto took power, prices for everyday food items have increased
Go Green with GBO: UAE’s electric vehicle ecosystem eyes further expansion
The UAE government has started encouraging electric vehicles as part of its ‘UAE Vision 2021’
Fuel subsidy reforms credit positive for Nigeria: Fitch
Despite numerous attempts at reform, Nigeria was not able to successfully abolish fuel subsidies, in large part due to strong popular resistance to reform
AI, music therapy: Researchers try to find cybersickness cures for VR users
A series of tests assessed how cybersickness affected memory skills by recording reading speed and reaction times
‘Channels’ and ‘HD Photos’: All you need to know about WhatsApp’s new features
WhatsApp would store channel history on their servers for up to 30 days and will add ways to make updates disappear even faster from followers'
MENA Watch: Future not so good for Algeria economy?
The 2021 numbers show that Algeria's GDP per capita was USD 3,691, according to data from the World Bank