A general view of mobile phone factory in Assuit, Egypt. Reuters
Egypt’s unemployment rate dropped to 8.1 per cent in the first quarter of 2019 from 10.6 per cent in same period the previous year, state statistics agency CAPMAS said on Wednesday.
Overall business conditions in Dubai’s non-oil private sector economy improved at the fastest rate in over four years in April. This mainly reflected the trend in new business, as employment was broadly unchanged during the month. Notably, business conditions in the wholesale & retail sector
A wide range of development projects are underway in the UAE’s east coast emirate of Fujairah as it seeks to diversify its economy. The Port of Fujairah, its adjacent anchorage and the Fujairah Oil Industry Zone, FOIZ, are already well-established as the second largest oil bunkering centre in the world,
Abu Dhabi Developmental Holding Company (ADDH) announced on Thursday that it has reached an agreement in principle for the establishment of a local airline in Abu Dhabi in partnership
Saudi Aramco hit the $2 trillion target sought by Saudi Crown Prince Mohammed Bin Salman on Thursday as its shares racked up a second day of gains.
The Dubai Chamber of Commerce and Industry (DCCI) hosted a seminar at its headquarters earlier today which identified key economic trends expected to reshape the global economy and trade landscape in 2020,