Jordan targets 80% debt-to-GDP ratio by 2028
Jordan aims to lower its public debt-to-gross domestic product ratio to 80 percent by 2028 under an International Monetary Fund-backed reform program, according to a…
Category: FINANCE
Qatar’s economy sees annual growth of 3.7%
Qatar’s economy expanded by 3.7 percent in real terms in the first quarter of 2025 compared to the same period a year earlier, driven primarily…
Dubai aims to beat the traffic with 2026 Joby air taxi liftoff
Dubai commuters may soon have a new way to skip traffic: air taxis.Joby Aviation conducted the first test flight of its fully-electric air taxi in…
Saudi Estate Market Surpasses $44 Billion in First Half of 2025
The Saudi real estate market recorded a decline in the total value of transactions and in the average price per square meter during the first…
GCC, Japan begin 2nd round of FTA negotiations in Tokyo
The Gulf Cooperation Council and Japan have launched the second round of negotiations for a free trade agreement, with discussions focusing on enhancing economic cooperation…
ROSHN Group is One of World’s 25 Most Powerful Real Estate
ROSHN Group, a subsidiary of Saudi Arabia’s Public Investment Fund (PIF), has been ranked among the 25 most powerful real estate brands in the world…
Gold Rebounds From over One-month Low on Weaker Dollar
Gold reversed course and edged higher on Monday, supported by a weaker dollar, after hitting a more than one-month low earlier as easing US-China trade…
Saudi Arabia Boosts Foreign Investment Inflows Surge 44%
Saudi Arabia is advancing rapidly toward its Vision 2030 goals, recording a notable surge in foreign direct investment (FDI) during the first quarter of this…
Shell says it is not considering buying BP
Shell has not bid for BP and is not actively considering such a move, it said today, adding it was bound by UK regulations which…
Morocco’s Central Bank Keeps Interest Rate Steady at 2.25%
Morocco’s Central Bank (Bank Al-Maghrib) has maintained its benchmark interest rate unchanged at 2.25%, stating that current borrowing cost levels remain consistent with inflation expectations.…