Saturday, November 30, 2024

economy

7 UAE banks make it to Forbes’ ‘most valuable’ list for Middle East

Saudi Arabia makes up a third of the list with 10 entries, with an aggregate market value of $279.5 billion. Qatar placed third with six entries worth $73.6 billion. As of February 23, 2024, the 30 banks had a combined...

GCC government spending to remain key driver of economy

GCC government spending is expected to continue playing an important role in the near-to-medium term as countries look to achieve their ambitious development, diversification and net-zero targets, a report said. Infrastructure investment: A thematic overview by Emirates NBD Research says...

Singapore downgraded 2020 GDP outlook again as virus attacks economy

Singapore has dropped its GDP forecast to a contraction range of -7 per cent to -4 per cent. Singapore cuts its 2020 gross domestic product forecast again for the third time on Tuesday. The trade ministry said, as the bellwether...

Latest News

Dubai paid parking hike: Parkin announces new peak, off-peak rates in 2025

Premium parking charges will be implemented across Dubai beginning March next year, Parkin PJSC announced on Friday. The fee for...

Dubai announces free parking for UAE National Day holiday

Dubai has announced two days of free parking for the UAE National Day holiday. All public parking will be free of charge (except multi-storey parking)...

UAE to launch more solar energy projects by 2030 to meet growing demand

The UAE intends to launch one or two solar energy projects annually until the end of the current decade. He said UAE Minister of Energy...

Today Gold Rate in Saudi Arabia – 29th Nov 2024

Today Gold Rate in Saudi Arabia (SAR) Today Per tola is SAR 3,860.72 while 24k Per 10 Gram gold price is SAR 3,310.00. Usually...

Today Gold Rate in Qatar – 29th Nov 2024

Today Gold Rate in Qatar Today Per tola is QAR 3,761.58 while 24k Per 10 Gram gold price is QAR 3,225.00. Usually people opt...