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Business

  • Lebanese crisis
Banks will reopen in the absence of adequate protection by the state
Lebanon's banks to reopen on Monday
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  • Egypt's economy
For some, Egypt offers no hope
Egypt's economy has taken new hits
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  • Bahrain economy
Bahrain's Crown Prince Salman bin Hamad Al-Khalifa
Bahrain's GDP growth at 6.9% in Quarter2 2022
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  • Inflation
The index of food products increased by 14.1% in the last 12 months
Morocco’s annual inflation reaches 8% in August
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  • US sanctions
The Turkish banks’ move reflects their effort to avoid the financial cross-fire between the West and Russia
Two Turkish banks suspend use of Russian Mir payments
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  • Saudi inflation
Saudi supermarket
Saudi inflation still within a reasonable rate
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  • Sukuk
PD last year pulled a $350 million sukuk after launch and ahead of pricing
Abu Dhabi’s Private Department reviving plans to sell dollar sukuk
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  • Tunisian economy
Tunisians are struggling with a grinding economic crisis and soaring food and energy prices
Tunisia's annual inflation rate rises to 8.6% in August
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  • Saudi Economy
Improving economic conditions
S&P: Saudi non-oil economic growth reaches 10-month high in August
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  • Turkey Inflation
The Inflation Research Group put the annual rate at 181%
Turkey's annual inflation passes 80% in August
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  • Morocco's economy
Bank Al-Maghrib
Morocco's official reserve assets up by 12.5%
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  • Dubai Airport
Dubai airport screened 27.9 million passengers in the first half of the year
Dubai airport sees pre-pandemic monthly passenger volumes by end of 2023
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  • Kingdom Holding
Kingdom Holding is mostly owned by Saudi Prince Alwaleed Bin Talal
Saudi Arabia's Kingdom Holding invests in Russian energy firms
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  • Egypt inflation
Among the biggest annual price increases were grains and bread, dairy products and eggs
Egypt's annual urban consumer inflation rises to 13.6% in July
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  • Emirates NBD
Emirates NBD
Emirates NBD gives staff a pay rise for inflation
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  • Agriculture
The drought has taken its toll on Morocco's cereal production
Morocco’s cereal production drops by 67%
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