Tuesday, December 03, 2024
Today's News
Tuesday, December 03, 2024
Today's News

Tag: ECONOMY

Bahrain’s economy grew by 4.9% last year, the highest since 2013

Bahrain's economic situation expanded by 4.9 percent in 2022, the highest possible rate given that 2013, underpinned by a robust performance in the nation's non-oil industries that were targeted under its economic reform strategy. The Gulf country's development was led by a 6.2 per cent…
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Bahrain economy up 4.2% in Q3; C/A surplus hits $6.7bln

Bahrain's bank account excess raised incredibly from $2.63 bln in 2021 to $6.7 bln in 2022. Bahrain's real economic development during the 3rd quarter of 2022 got to 4.2% with consumer cost index registering a boost of 3.6%. The kingdom's bank account excess increased incredibly…
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Egypt’s economy expected to grow over 4%, unemployment rate drops to 7%

Egypt's economy is anticipated to expand 4.2 percent in the current finishing in June, the country's closet said on Tuesday, much less than formerly anticipated. The gdp grew by 3.9 percent in October to December in 2022, the 2nd quarter of the fiscal year, while…
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Kyndryl joins UAE Ministry of Economy’s NextGenFDI Programme

Headquartered in New York, Kyndryl offers hundreds of business clients in more than 60 nations as well as has been functional in the UAE from the first day of its international launch in November 2021 Kyndryl, the world's biggest IT facilities companies, has actually signed…
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How Mauritania Can Reduce the Impact of Climate Disasters on its Economy

Improving access to medical care as well as electrical energy can go a lengthy method toward reducing the prices to development from climate disasters Climate-related natural calamities are coming to be much more frequent and extreme in Mauritania, exacerbating enduring obstacles like land and also…
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South Korea-Egypt trade hits US$3.15 billion in 2022, the second largest amount ever

12 February 2023: According to the Cairo workplace of the Korea Trade-Investment Promo Company (KOTRA), South Korea-Egypt trade reached $3.15 billion in 2022, the second-largest in background after $3.17 billion in 2010. Egypt's exports to Korea additionally got to an all-time high of $1.69 billion,…
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Egypt’s MNT-Halan raises $340m in debt and equity financing

Cairo-based FinTech is likewise in sophisticated speak with protect one more $60m in main resources Egypt-based financial modern technology firm MNT-Halan has raised $340 million in the red as well as equity in its most current financing round-- one of the largest between East over…
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Qatar’s trade balance surplus surges to hit $7.75bn in December

Qatar's trade equilibrium excess has surged to hit 28.2 billion Qatari riyals ($7.75 billion) in December 2022, according to a report launched by the country's Preparation as well as Stats Authority. The number mirrors a 10 percent boost on a yearly basis and also a…
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India-UAE trade up by 30% since Cepa signing, official says

Food safety and security and jewellery among markets to benefit most from the arrangement Bilateral trade in between India, as well as the UAE, has increased 30 percent in the 8 months because the countries carried out the Comprehensive Economic Collaboration Arrangement (Cepa) in May,…
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