Saudi Arabia’s non-oil business conditions weaken for first time since August 2020
Saudi Arabia’s non-oil sector reported a decline in business activity in March, the first time in five-and-a-half years,…
UAE ranks among global top 10 exporters for first time, WTO says
The UAE has been ranked among the world’s top 10 exporters for the first time, highlighting its growing…
Why US still needs Strait of Hormuz for sake of global economy
Live updates: Follow the latest news on US-Iran war US President Donald Trump this week said his country…
Singapore’s $100bn asset manager Hillhouse Investments opens ADGM office
Hillhouse Investment Management, a $100 billion global alternative asset manager, has opened an office in ADGM, becoming one…
UAE financial sector can weather impact of Iran war, executives say
The banking sector in the UAE is “strong” and can sustain the impact of the Iran war and…
UAE and Saudi chart new trade routes as Hormuz disruption grows
Live updates: Follow the latest news onUS-Iran war The UAE and Saudi Arabia, the Middle East region’s two…
Foreign outflows push Egypt’s pound to its lowest official level on record
Egypt’s pound fell to a record low on Sunday, slipping past 52 to the US dollar in official…
UAE investors urged to avoid savings sell-off due to Iran war
Personal finance experts are urging people in the UAE to “remain calm” with their money amid the continuing…
Egypt’s economy in crisis as financial turmoil grips region
Egypt is confronting the worst period of regional economic turbulence since the Gaza-Red Sea crisis of 2024 as…
Debt pressures cast shadow over Egypt’s economy in crossroads year
After a year of upbeat government messaging about stabilisation and renewed investor confidence, Egypt’s debt trajectory has once…
Money & Me: ‘I save around Dh5,000 every month by planning my expenses’
Ushma Dharod, an Indian citizen from the city of Gujarat, started her career in design for a monthly…
Oil headed for consecutive weekly loss as US-Iran conflict risks subside
Oil prices were little changed on Friday, set for the second consecutive weekly loss as investors’ concerns about…