ECONOMY BLOGS

UAE economy to grow by 4% in 2024, says IMF
FARAH ABDOUL - 12th JUN - 2024

The International Monetary Fund (IMF) said the UAE’s gross domestic product (GDP) will expand by 4 per cent in 2024, higher than earlier estimates. Read on for more details. ..read more

UAE, US to seal more AI deals.
FARAH ABDOUL - 12th JUN - 2024

The UAE, led by government-backed firm G42, is pushing to burnish its AI framework as it diversifies away from oil ..read more

Saudi Arabia posts budget deficit
FARAH ABDOUL - 12th JUN - 2024

although oil still dominates, The kingdom needs to spend hundreds of billions of dollars to fund giga-projects aimed at weaning the economy off oil and to boost tourism and the private sector, Keep reading to know how. ..read more

Qatar’s economy grew 1.2% year-on-year
FARAH ABDOUL - 12th JUN - 2024

The Gulf state posted a budget surplus of QAR1.4bn in the final quarter of 2023, which was used to reduce public debt, read on for more details in this issue. ..read more

Dubai Chamber of Digital Economy Promote Expand North Star
FARAH ABDOUL - 12th Aug - 2024

Dubai Chamber of Digital Economy Wraps Up Global Roadshows to Promote Expand North Star, keep reading for extra details. ..read more

AmiViz and senhasegura partner to provide PAM solutions for enterprises.
FARAH ABDOUL - 12th Aug - 2024

UAE’s AmiViz, the prominent cybersecurity-focused value-added distributor headquartered in Dubai, and senhasegura, a leading provider of Privileged Access Management (PAM), have entered into a strategic partnership, more details in the following article. ..read more

Saudi introduces bidding for 7 mining exploration licenses.
FARAH ABDOUL - 12th Aug - 2024

Saudi Ministry of Industry and Mineral Resources has introduced the bidding for seven new mining exploration licenses, keep reading for more details. ..read more

Alba and Daiki Aluminum to enhance sustainable aluminum industry.
FARAH ABDOUL - 12th Aug - 2024

Aluminum Bahrain (Alba), the world’s largest aluminum smelter, has signed a Memorandum of Understanding (MoU) with Daiki Aluminium Industry Company, the prominent aluminum product manufacturer in Japa, keep reading for more details. ..read more

Five macro trends set to shape the next decade
FARAH ABDOUL - 12th JUN - 2017

From the end of the neoliberal era to policy intervention, these are the macro economic trends expected to mark the biggest future ..read more

Kuwait: Budget constraints weigh on growth outlook
RAWAN ALMUTLEK - 17th DEC - 2009

Non-oil sectors are slowly reopening but output will not regain its pre-pandemic level until 2022 Oil output will rise only marginally ..read more

The Impact of Coronavirus on the Gulf Countries
SAMAR KAYALI - 16th JUL - 2006

The International Monetary Fund (IMF) forecasts that the Middle East is headed for an economic downturn this year ..read more

Wellness startups are on the rise as global consumer demand soars
LINDY MACWOOD - 6th MAY - 2011

Valued at around US$1.5 trillion, the wellness economy is a booming industry that reflects a global trend in consumers actively ..read more