Author: Steven Sahiounie

Doha: Qatar’s non-energy private sector recorded a stronger improvement in business conditions in February, according to the latest Purchasing Managers’ Index (PMI) survey data from Qatar Financial Centre (QFC) compiled by S&P Global. Output and employment both increased at faster rates, and new business growth was maintained. Companies were also able to make progress on volumes of outstanding work during the month, and the 12-month outlook improved. The Qatar PMI indices are compiled from survey responses from a panel of around 450 private sector companies. The panel covers the manufacturing, construction, wholesale, retail, and services sectors, and reflects the structure of the non-energy economy according to official national accounts data.

The vision underscores the alignment of all policies and strategies with the national agenda, federal objectives, and readiness for the future, firmly anchoring the emirate’s commitment to a people-centric future

Employers have reported growing wage demands when recruiting, and retaining new talent Inflation’s impact on salaries is a leading concern for professionals in the Middle East with 33% of survey respondents selecting this as a ‘top three’ issue, says ACCA’s annual survey. Employers have reported growing wage demands when recruiting, and retaining new talent. 29% of Middle East respondents reported that remuneration was one of the leading incentives for moving to a different organisation. The biggest global talent survey across the accountancy profession, the Association of Chartered Certified Accountants’ latest annual Global Talent Trends Survey 2024, reveals Technology also emerged…

The Crown Prince of Dubai expressed his gratitude to citizens, residents and institutions for their inspiring initiatives in the field of endowments

Gold prices were poised for their biggest weekly jump in five months on Friday, hovering near a historic high, as Federal Reserve Chair Jerome Powell’s remarks cemented mid-year interest rate cut bets, ahead of a U.S. key jobs report later in the day.

MSCI’s broadest index of Asia-Pacific shares outside Japan peaked at 538.47 points in early Asia trade, its strongest level since August

LONDON – The dollar index was set for its sharpest weekly drop since mid-December on Friday ahead of U.S. payrolls data, as Federal Reserve Chair Jerome Powell sounded more confident about cutting interest rates in coming months.

LONDON – The United Nations food agency’s world price index fell in February for a seventh consecutive month as lower prices for all major cereals more than offset the rising price of sugar and meat.

The IIF has set an average estimate of 33.5 for the EGP against the USD in the current year The Institute of International Finance (IIF) expects the Egyptian pound to trade at 42.5 against the US dollar in the coming fiscal year (FY) 2024/2025, Asharq Business reported, citing a report the IIF. The IIF has set an average estimate of 33.5 for the EGP against the USD in the current year. Moreover, the report expects Egypt’s total foreign debt to drop from its peak of $165 billion in FY 2022/2023 to $157 billion in the current FY, to reach 45%…

Turkish President Recep Tayyip Erdogan on Friday criticized countries that have not taken action against Israel’s “genocidal policies” in Gaza. “Have you seen those, who constantly lecture the rest of humanity on rights and law, taking actions against Israel’s genocidal policies?” Erdogan said in an event marking International Women’s Day in the metropolis Istanbul. Taking aim at those who dare to teach humanity about human rights, Erdogan said they “never bring up the harassment, violence, discrimination and unfair practices against women in their own neighborhoods.” Israel has waged a deadly offensive on the Gaza Strip following a cross-border incursion by…