Saturday, March 02, 2024
Today's News
Saturday, March 02, 2024
Today's News

Tag: ECONOMY

Positive Outlook: GCC Economies Set for Growth with Global Rate Cuts in 2024

01 Jan 2024
The imminent rate cuts by global central banks in 2024 are poised to have a predominantly positive impact on the economies of the Gulf Cooperation Council (GCC), according to a comprehensive report. Kamco Invest's GCC Fixed Income Market Update for December 2023, authored by Junaid…
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The non-oil bilateral trade between the UAE and the Philippines surged by 19.4% year-on-year in the first half of 2023, reaching a milestone of $500 million.

27 Nov 2023
Ahmed bin Ali Al Sayegh, UAE Minister of State, and Dr Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, spearheaded a prominent UAE delegation to Manila, Philippines. The purpose of the visit was to explore and foster bilateral trade and investment…
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Emirates Steel Arkan Defies Global Challenges with Strong Q3 Growth in 2023

02 Nov 2023
Despite challenging global conditions, Emirates Steel Arkan, the largest steel and building materials manufacturer in the UAE based in Abu Dhabi, demonstrated robust growth in the third quarter of 2023. With total revenues of Dh6.48 billion and a net profit of Dh387.6 million for the…
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UAE Ranks Second in Global Economic Stability and Pursues Dh3 Trillion Target by 2030

01 Nov 2023
The UAE has secured the second position as the world's most economically stable country, driven by its flourishing entrepreneurship opportunities, easy access to capital, a highly skilled labor force, adaptability, competitiveness, and robust international trade, among other factors, according to a recent study. The UAE…
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GCC’s Potential Path to a $13 Trillion Global Economic Powerhouse by 2050

27 Oct 2023
By 2050, the Gulf Cooperation Council (GCC) has the potential to become a formidable global economic force, boasting a staggering $13 trillion in GDP. This dramatic surge, doubling from the projected $6 trillion, can materialize if the region embraces an eco-friendly growth strategy, as suggested…
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UAE calls for free flow of capital, products, and services during B20 meeting in India

29 Aug 2023
The UAE has actually asked for additional international activity to make sure the cost-free flow of resources, items, and also services, being the vehicle driver behind international growth as well as economic prosperity. This was claimed in a statement provided by Thani container Ahmed Al…
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Japan’s investments in Egypt leap 99% in one year

28 May 2023
The worth of reciprocal trade between the Arab Republic and also the Eastern nation pulled away by 26.30% year-on-year Cairo-- Japan pumped financial investments valued at $73.70 million in Egypt throughout (FY) 2021/2022, a yearly walk of 98.70% from $37.10 million. The worth of reciprocal…
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Kuwait banking sector records highest growth in total assets

01 May 2023
In regards to average resources adequacy ratio, the banks in Kuwait had a healthy and balanced portion of 17.3 percent, compared to the 18.3 percent in 2021 KUWAIT CITY: With financial institutions looking to browse via pandemic driven problems towards financial recovery and security, KPMG…
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Qatar trade surplus hits $5.9bn, China leads exports and US top importer

28 Apr 2023
International product profession equilibrium in Qatar sees massive excess Qatar's international product profession equilibrium showed a QR21.3 bn ($ 5.9 bn) excess in March 2023. The figure, which represents the distinction in between total exports as well as imports, revealed a decrease of about QR5.2…
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Qatar posts $5.8bln trade surplus in March

28 Apr 2023
The imports of goods in March 2023 amounted to around $2.6 billion The international goods trade balance, which stands for the distinction in between total exports and imports, showed a surplus of QR21.3 billion in March 2023, a decrease of about QR5.2 billion or 19.6…
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Culture & Life Style
Free eSIM Activation in UAE: Step-by-Step Guide for du and Etisalat by e& Users
08 Feb 2024
Free eSIM Activation in UAE: Step-by-Step Guide for du and Etisalat by e& Users
Mobile users in the United Arab Emirates (UAE), both du and Etisalat have announced the launch of free eSIM activation services, providing customers with greater flexibility and convenience in managing…
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Building a Strong Immune System: Your Key to Optimal Health
Building a Strong Immune System: Your Key to Optimal Health
In a world filled with various health concerns and challenges,…
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The Health Benefits of Dried Fruits
The Health Benefits of Dried Fruits
Dried fruits also referred to as dry fruits or nuts,…
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World Heart Day: Taking Steps towards a Healthier Tomorrow
World Heart Day: Taking Steps towards a Healthier Tomorrow
Every beat of our heart is a testament to life's…
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Entertainment
Saudi Lawyer Wins $1 Million in Dubai Duty Free Draw
Saudi Lawyer Wins $1 Million in Dubai Duty Free Draw
Jawaher Alamoudi, a 30-year-old lawyer from Saudi Arabia, is celebrating after winning $1 million in…
Koffee With Karan: Navigating Predictability in Bollywood’s Talk Show Landscape
Koffee With Karan: Navigating Predictability in Bollywood’s Talk Show Landscape
Once known for its edginess and buzz, Koffee With Karan appears to be veering towards…
Punjabi Pop Triumph: Ali Sethi’s Mesmerizing Night at Dubai Opera
Punjabi Pop Triumph: Ali Sethi’s Mesmerizing Night at Dubai Opera
On the illustrious night of November 11, the vibrant echoes of Punjabi pop resonated through…
Exploring Culinary Excellence: The Best Top 10 Restaurants in Riyadh
Exploring Culinary Excellence: The Best Top 10 Restaurants in Riyadh
Riyadh, the capital city of Saudi Arabia, is a thriving metropolis with a rich cultural…
Christina Karam hits winning note with songs for Egypt
Christina Karam hits winning note with songs for Egypt
Increasing celebrity uses music to advertise country's appeal in 'Egypt Deserves' project A rising star…
Miss World: A brief history, including controversies, criteria and famous winners
Miss World: A brief history, including controversies, criteria and famous winners
The contest, established in 1951, is the longest-running worldwide charm contest Model from around the…
Rihanna dons custom Alaia coat for Super Bowl performance, reveals pregnancy
Rihanna dons custom Alaia coat for Super Bowl performance, reveals pregnancy
Pop as well as R&B super star Rihanna made a grand go back to the…
Georgina Rodriguez is the new face of Italian luxury label Elisabetta Franchi
Georgina Rodriguez is the new face of Italian luxury label Elisabetta Franchi
DUBAI: Argentine version Georgina Rodriguez, who now stays in Saudi Arabia, is the new worldwide…
‘Paper Planes’ rapper M.I.A. joins Wireless Abu Dhabi line-up
‘Paper Planes’ rapper M.I.A. joins Wireless Abu Dhabi line-up
British rap artist M.I.A. is the most recent enhancement to the line-up set to descend…
1309 Studios founder Ghada Al-Subaey talks Arab representation, dressing Georgina Rodriguez
1309 Studios founder Ghada Al-Subaey talks Arab representation, dressing Georgina Rodriguez
Qatar-based ready-to-wear label 1309 Studios, started by business owner Ghada Al-Subaey, has actually been garnering…
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