Thursday, May 16, 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

Zain Saudi Arabia pumps 1.6 billion riyals to expand the fifth generation network

Zain Saudi Arabia allocates 45% of the new expansion plan to support advanced fifth generation technologies. Zain Saudi Arabia announced...

Emirati energy revenues increased to 13.7 billion dirhams

TAQA began 2024 with strong financial performance, driven by the contribution of Sustainable Water Solutions and notable growth in the electricity and water sectors. Abu...

Today Gold Rate in Saudi Arabia – 15th May 2024

Today Gold Rate in Saudi Arabia (SAR) Today Per tola is SAR 3,429.16 while 24k Per 10 Gram gold price is SAR 2,940.00. Usually...

Today Gold Rate in Qatar – 15h May 2024

Today Gold Rate in Qatar Today Per tola is QAR 3,347.51 while 24k Per 10 Gram gold price is QAR 2,870.00. Usually people opt...

Today Gold Rate in Oman – 15th May 2024

Today Gold Rate in Oman Today Per tola is OMR 352.25 while 24k Per 10 Gram gold price is OMR 302.00. Usually people opt...