Saudi Arabia’s gross domestic product has exceeded the ceiling of $1 trillion for the first time. File/ WAM
The world’s largest oil exporter is facing a deep recession after the COVID-19 pandemic curbed global crude demand and measures to contain the coronavirus hurt domestic activity.
The value of Abu Dhabi non-oil foreign trade has reached Dhs80.23 billion through the emirate’s outlets during the first five months of 2020, the Abu Dhabi Customs has announced.
Saudi Arabia’s central bank said it had prepared a 50 billion riyal ($13 billion) package to help small and medium-sized enterprises cope with the economic impacts of the coronavirus outbreak.
The Government of Umm Al Quwain (UAQ), in close partnership with the UAE Ministry of Economy and Emirates Nature-WWF, has announced the launch of an initiative to develop a set of robust Sustainable Blue Economy (SBE) guidelines spanning key sectors such as Tourism and Recreation, Built
In a partnership to advance sustainability and foster environmental stewardship, BEEAH Group, the Middle East’s sustainability and digitalisation pioneer, and the Administrative Capital for Urban Development (ACUD), the company developing Egypt’s New Administrative Capital (NAC) mega project,
India’s housing prices across the top eight 1ndian cities increased incessantly at 10% YoY during Q3 this year led sturdy housing demand amid positive home buyer sentiment and stable interest rates. All eight major cities experienced a notable increase in housing prices, with Hyderabad leading the
China’s consumer prices fell the fastest in three years in November while factory-gate deflation deepened, indicating rising deflationary pressures as weak domestic demand casts doubt over the economic recovery. The consumer price index (CPI) dropped 0.5% both from a year earlier and compared