Tag: Economy

IMF raises Saudi growth forecast to 3.5% for 2025, outstripping global average

The International Monetary Fund has revised up its forecast for Saudi Arabia’s economic growth in 2025, raising it to 3.5 percent from the 3...

Saudi Arabia’s M&A boom: Shaping a future-ready economy for Vision 2030

Kingdom recorded 224 mergers and acquisitions deals valued at $ 7.6 billion in the first half of 2024 RIYADH: Amid the mergers and acquisitions boom in...

Saudi Arabia emerging as an economic ‘powerhouse,’ says top IMF official

Saudi Arabia’s role in the international financial system is growing, solidifying its position as an emerging economic “powerhouse,” according to a senior executive.  In an...

Gold, silver rate today on December 24 in Mumbai, Delhi, Chennai, Kolkata: Here are latest prices in other cities

Gold prices have fallen 0.9% compared to a week back while Silver prices fell 1.9% during the same time frame. The decrease in prices...

UAE economy to be ‘star performer’ in the region — Swiss bank

A favourable oil output agreement with the Organisation of the Petroleum Exporting Countries (Opec) and a thriving service sector should make the UAE the...

UAE economy expected to stay resilient next year

Resilience is likely to be the predominant headline for UAE’s economic outlook in 2025, after the country managed to maintain its economic and financial...

Saudi Arabia’s endowment investment funds set record with over $267m in net assets

Net assets of licensed endowment investment funds in Saudi Arabia reached a record SR1 billion ($266.67 million) in 2024, marking a 29.3 percent increase...

Saudi Arabia’s non-oil economy to grow 4.4% in 2025: PwC

Kingdom’s non-oil economy expanded by 3.8% in first half of 2024 Saudi Arabia is aligning its economic diversification efforts with sustainability goals RIYADH: Saudi Arabia’s non-oil...

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Cloudflare highlights emerging risks and realities of frontier AI models in cybersecurity research

Cloudflare shared new insights into the evolving role of...

Dubai unveils new $410m economic support package for businesses 

Dubai approved a new 1.5 billion dirham ($410 million)...

Dell Technologies rewrites the rules of storage modernization and performance with Dell PowerStore Elite

Dell Technologies (NYSE: DELL) introduces Dell PowerStore Elite, a...

flydubai, Cyprus Airways announce interline partnership to expand global connectivity

flydubai and Cyprus Airways have announced the launch of...

ADX achieves 99% compliance rate in Q1 2026 financial statements disclosure by publicly listed companies

The Abu Dhabi Securities Exchange (ADX) Group announced that...