Browsing: middle_east

Qatar: Non-energy sector growth accelerates in Feb

3 Mins Read

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.

Moody’s revises Egypt’s credit outlook to positive

1 Min Read

Global ratings giant Moody’s has raise Egypt’s credit outlook from negative to positive following the expanded $8 billion funding from the International Monetary Fund (IMF), as per a recent statement.

UAE: RAKEZ supports growth of over 21,000 companies from 100 countries

2 Mins Read

RAS AL KHAIMAH – Ras Al Khaimah Economic Zone (RAKEZ) dedicates its efforts to fostering the growth of over 21,000 companies from 100 countries across more than 50 sectors. RAKEZ is steadfast in supporting the vibrant ecosystem of international business and entrepreneurial success.