KSA unveils big aviation reforms in $100bn investment driveSaudi Arabia's General Authority of Civil Aviation (GACA) has announced landmark reforms to help its aviation sector boost competitiveness, woo investors and increase transparency as part of a transformation plan that aims to attract $100 More… |
KSA unveils big aviation reforms in $100bn investment driveSaudi Arabia's General Authority of Civil Aviation (GACA) has announced landmark reforms to help its aviation sector boost competitiveness, woo investors and increase transparency as part of a transformation plan that aims to attract $100 More… |
IMF predicts 2.9% growth for Bahrain this yearBahrain's growth is projected to moderate to 2.7 percent in 2023, with non-oil GDP growing by 3.3 percent reflecting fiscal consolidation and higher interest rates, an IMF report said. Thereafter, growth is More… |
UAE reforms 'will take country to new heights'The UAE’s economic liberalisation, embracing of tax reforms and comprehensive revamp of the visa rules have provided a strong foundation for the economy, helping to take it to new heights in the next 5-10 years, says a new report. More… |
Saudi banks to start implementing Basel III reforms in JanuarySaudi Central Bank (SAMA) has announced that all Saudi banks will start the official implementation of the Basel III final reforms starting from January 1, 2023. This comes in line with the internationall More… |
MENA records 524 M&A deals worth $55bn in 9M 2022The MENA region witnessed 524 deals worth $55.2 billion during the first nine months of the year, according to the latest EY MENA M&A Insights report. Rising inflationary pressures, dampening economic deman More… |
UAE calls for action to develop global trade systemDr Thani Al Zeyoudi, UAE’s Minister of State for Foreign Trade, led a UAE delegation to the World Trade Organization (WTO)’s General Council meeting in Geneva that held recently, during which he urged the global trading commu More… |
LMRA chief highlights new labour market reformsBahrain's Labor Market Regulatory Authority (LMRA) CEO Nouf Abdulrahman Jamsheer met with a number of ambassadors and representatives of diplomatic missions in the kingdom and highlighted the new labour market reform package and legislatio More… |
LMRA chief highlights new labour market reformsBahrain's Labor Market Regulatory Authority (LMRA) CEO Nouf Abdulrahman Jamsheer met with a number of ambassadors and representatives of diplomatic missions in the kingdom and highlighted the new labour market reform package and legislatio More… |
Structural reforms in MENA now in urgent need: IMF reportStructural reforms have become even more urgent for MENA states to prevent scarring from the pandemic and the Ukraine war, to ensure an inclusive recovery and enhance resilience ahead, says an IMF report. The I More… |