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    Input price inflation eases to near record low in Egypt

    03 Dec 2019

    Input price inflation in the Egyptian non-oil private sector eased to one of the weakest rates on record in November, according to the latest survey data.

    Saudi non-oil private sector economy grows on new orders

    03 Dec 2019

    November saw a further improvement in the health of Saudi Arabia’s non-oil private sector, with latest IHS Markit PMI data indicating a quickening of growth momentum. This was driven by the sharpest rise in new work since April 2015.

    Invest in Sharjah promotes emirate as regional FDI hub

    03 Dec 2019

    The Sharjah FDI Office (Invest in Sharjah), an affiliate of the Sharjah Investment and Development Authority (Shurooq) organised a Sharjah – Europe Business Roundtable, at the Sharjah Chamber of Commerce and Industry recently,

    World stock markets wobble as traders wind down for Christmas

    23 Dec 2019

    World stocks stalled near record highs and currency markets were little changed on Monday as trading dwindled before the Christmas holiday and investors took profit on gains made this month.

    Saudi ACWA Power to drive solar energy development in Ethiopia

    24 Dec 2019

    ACWA Power signed two long-term power purchase agreements (PPA) with Ethiopia’s state-owned electricity producer Ethiopian Electric Power (EEP) for two 125 MWac solar photovoltaic (PV) projects at $2.526 cents/kWh over 20 years.

    PI, AQ&P to boost corporate governance in MSME sector

    24 Dec 2019

    Pearl Initiative (PI), the leading business-led non-profit organisation promoting a culture of corporate transparency and accountability for the Gulf Region, and AQ&P, a strategic environmental, social, and corporate governance (ESG)

    SriLankan Airlines and Gulf Air ink codeshare deal

    24 Dec 2019

    SriLankan Airlines, the national carrier of Sri Lanka, and Gulf Air, the national carrier of the Kingdom of Bahrain, have entered into a codeshare partnership with effect from 18th December 2019,

    PPL announces 2 oil and gas discoveries in Sindh, Balochistan

    24 Dec 2019

    State-owned Pakistan Petroleum Limited (PPL) has announced two oil and gas discoveries in Sindh and Balochistan in an announcement. The PPL informed the Pakistan Stock Exchange

    Russia’s spending and rate cuts to boost economic growth: WB

    08 Dec 2019

    Economic growth in Russia will be higher than expected in 2019 and is likely to pick up in the next few years thanks partly to higher state spending and looser monetary policy, the World Bank (WB) said.

    EDA to strengthen the economic might of UAE and Saudi Arabia

    08 Dec 2019

    For the first time in the UAE, the Emirates Diplomatic Academy (EDA) is hosting the Economic Diplomacy Seminar for the UAE and Saudi Arabia, aimed at strengthening the economic might of the two nations.

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