Browsing: Economy

RIYADH: The UAE and Saudi Arabia have been ranked first and third respectively in the Global Entrepreneurship Monitor report for 2023-2024.

Oil producer Capricorn Energy said on Thursday it received a payment of $30 million this week from the Egyptian government after its debt to the company rose to $169 million last year.

Egypt’s currency floatation is likely to boost real estate demand from international investors, according to a new analysis.

IRH, which recently bought a 51% stake in Zambia’s Mopani Copper Mines, told Reuters the deal has unlocked potential for more opportunities to grow in Africa’s second largest copper producer

With an economic freedom score higher than the world and regional averages, Bahrain’s overall performance additionally improved on a global comparative, climbing 14 positions since last year

Analysts voiced deep concern at the loss of crucial oil revenue in one of the poorest countries on the planet

A total of Dh1.8 billion was spent on humanitarian projects by Mohammed bin Rashid Al Maktoum Global Initiatives (MBRGI) in 2023, including an aid of Dh50 million to Palestinians in Gaza. The projects positively impacted the lives of 111 million people in 105 countries worldwide.

Muscat: The Ministry of Labour is planning to create 35,000 jobs this year in the public and private sectors. This was stated by Dr Mahad bin Said Baowain, Minister of Labour, on Thursday while announcing the ministry’s annual plans on Thursday.

This month Modi identified integrating India into world trade as a key priority area in talks with senior government officials

Ousted WeWork co-founder Adam Neumann recently bid more than $500 million to buy back the struggling office-sharing group, according to media reports Monday.