Gender equality could add $13 trillion to the global economy, according to Deutsche Bank Group global head of diversity and inclusion Guelabatin Sun. She said that studies have shown that companies get a 33 per cent improvement in return on in
Global decision-makers will discuss economic development against the backdrop of regional instability at the first Bahrain Bay Forum in Manama, Bahrain, a report said.
Organised by the International Institute for Strategic Studies
Egypt’s President Abdel Fattah El Sisi highlighted that investor confidence was at its highest point in years as key partnerships were sealed at the Egypt Economic Development Conference (EEDC) held earlier this year.
The economy of the United Arab Emirates is expected to grow 3 percent in 2015, the central bank governor said on Monday, adding the country would reconsider any investments considered unnecessary.
"The government is still con
Saudi Arabia aims to start selling bonds in the international market as soon as next year as it seeks new ways to cover a budget deficit caused by low oil prices, banking industry sources said on Tuesday.
The sources, who have bee
Egypt's economy is set to grow at a steady pace of 4.3 per cent this financial year and the following two years, only marginally higher than the previous year and short of the government's growth expectations, a Reuters poll showed on Mo
The UAE and Saudi Arabia continue to witness stable economic activity despite the challenging macro environment, a report said, adding that low oil prices have not yet translated into any economic slowdown.
In the UAE, the non-oil
China's economic growth is expected to fall below 7 per cent for the first time since the global financial crisis in the third quarter, putting pressure on policymakers to roll out more support measures as fears of a sharper slowdown spook i
Egyptian Investment Minister Ashraf Salman said his country's economy grew by 4.1 per cent in the financial year that ended in June and projected it would grow by 5 to 5.2 per cent in the year to next June.
Salman added in a s
Kuwait's ample hydrocarbon assets will also provide a buffer allowing its public finances to withstand the impact of lower oil prices, said an industry expert.
"Kuwait's government revenues are sensitive to oil price