Capital requirements: New flashpoint in US banking
The BCBS considered poor governance and risk management, inappropriate incentive structures, and...
Economy
Saudi economy continues to thrive as e-commerce industry grows further
The expansion is consistent with Saudi Arabia's continuous shift to a digitally...
IMF agreement set to pave way for USD 1.2 billion funding for Egypt
The deal, which must be approved by the IMF Executive Board, intends...
Over two million freelancers in Saudi Arabia join national economy
The Saudi Arabian economy greatly benefits from the work of freelancers. SR72.5...
UAE Central Bank maintains GDP growth projections for 2024 at 4%
The UAE’s participation in BRICS aligns with its broader economic strategy to...
Analysts project trouble-ridden Nigeria’s GDP growth of 3.6% in Q1 2025
The refinery's planned production increase will solve long-standing problems with Nigeria's energy...
Saudi budget foresees USD 27 billion fiscal deficit as infrastructure spending continues
Saudi Arabia will keep making strategic investments in projects related to Vision...
MENA Watch: Once called the region’s Switzerland, Lebanon now faces severe headwinds
The financial collapse led to severe economic dislocation, with over half of...
Saudi Vision 2030: Kingdom’s diversification efforts get Moody’s boost
One of the most significant endorsements of Saudi Arabia's progress came in...
With significant USD 32 trillion assets, UAE leads digital banking in Middle East
Over the last two years, the UAE's digital banking industry has grown...