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Economy news in the Middle East | Page 2

An overview of news, trends and research in the category Economy in the Middle East:

Cost of living in major Middle East cities skyrockets Most major cities in the Middle East are more expensive to live in for international employees, according to a global cost-of-living ranking from consulting firm Mercer.
12 December 2023
Whiteshield launches the Global Trade Resilience Index Whiteshield, a public policy and strategy advisory, has launched the inaugural edition of its Global Trade Resilience Index 2023, shedding light on which economies are the most resilient to external
08 December 2023
Substantial progress booked at half-way mark of Vision 2030 In PwC’s latest report on Saudi Arabia’s progress towards Vision 2030, researchers look at where the Kingdom stands on key economic and non-economic objectives, as the country hits the half-way mark
02 December 2023
Doha, Riyadh, Abu Dhabi, Muscat and Manama jump in Cities Index Global management consulting Kearney has released the 2023 edition of its annual ‘Global Cities Index’, with the capitals of the Qatar, Saudi Arabia, the UAE, Oman and Bahrain among the largest growe
15 November 2023
The Middle East's 20 most valuable brands | companies International research from Brand Finance has shed light into the Middle East’s largest companies in terms of brand value, with the top 20 brands in the region worth a combined $140 billion.
08 November 2023
Halfway Vision 2030, Saudi Arabia seems on track to hit key goals With Saudi Arabia half way to the end date of its ambitious Saudi Vision 2030 goals, the country now appears to be on track to meet the targets, which include economic, social, and cultural diversifi
03 November 2023
Five trends driving transformative change in the next decade Accenture has released the 2024-edition of its ‘Life Trends’ report, an annual exploration into the foremost trends shaping economy, society, and people in the next decade.
01 November 2023
Asset management sector sees wealth base grow but profits dip Despite global economic headwinds, the Middle East’s asset management industry has grown by $100 billion to over $1.3 trillion, according to a report by Boston Consulting Group.
24 October 2023
Middle East cities pricier for expats, finds cost of living index International employees in the Middle East are finding life is more expensive, as inflation continues to affect regions around the world.
25 September 2023
GCC business leaders forecast more financial distress ahead Seven out of ten CEOs and business leaders in the Gulf Cooperation Council (GCC) believe there will be more businesses experiencing financial distress in the next 12 months.
11 September 2023
BRICS enlargement: Five impacts on the aviation sector The nearing admission of Saudi Arabia and the United Arab Emirates into the BRICS alliance is a significant milestone in the global geopolitical landscape and is set to open up opportunities across s
28 August 2023
Further adoption of AI can add $150 billion to GCC economies More use of AI in business functions could unlock untapped value of at least $150 billion to the Gulf Cooperation Council (GCC) economies.
23 August 2023
Majority of Saudi CEOs confident about KSA's future growth Most CEOs in Saudi Arabia feel positive about the country's economy in the next three years, despite challenges like inflation and geopolitical tensions.
06 July 2023
GCC countries making headway against shadow economy Bringing informal businesses into the formal economy will continue to be a huge driver of growth in Gulf Cooperation Council (GCC) countries.
28 June 2023
Financial distress in the GCC on the rise, finds Alvarez & Marsal Business leaders across the Gulf Cooperation Council (GCC) region are expecting more pressure to transform or restructure their businesses in a market likely to turn volatile in the short term.
27 May 2023
Economic integration a $230 billion GDP opportunity for Middle East The private sector in the Middle East needs to take a more proactive and assertive approach in order to drive growth.
11 May 2023
Gulf countries are most attractive emerging markets for investors A majority of investors worldwide plan to boost their foreign direct investment (FDI) over the next three years despite discouraging factors like inflation and war.
02 May 2023
GCC bilateral trade with Asia to surpass advanced economies by 2028 According to new research by UK-based think tank Asia House, two-way trade between the GCC and Asian markets will grow at almost 6% per year over the next decade, in the process seeing the East surpa
01 March 2023
How CEOs can lead their company through disruption With disruption now a new constant, the pressure on CEOs to chart new paths to success is bigger than ever.
01 February 2023
Saudi Arabia's 2023 economic outlook (in 7 charts by Strategic Gears) Strategic Gears has released its 2023 economic outlook for Saudi Arabia, with its report providing in-depth insight into the state of the Kingdom’s economy across key aspects such as monetary, fiscal
29 January 2023
GCC countries will buck the global recession, say PwC economists With public finances enjoying a healthy surplus on the back of booming oil-based revenues, and consumer optimism despite economic headwinds, the GCC is expected to buck the global recession.
19 January 2023
Majid Al Futtaim and McKinsey launch Economic Integration Barometer Set to be launched later today during the World Economic Forum in Davos, the new MENAP Economic Integration Barometer by Majid Al Futtaim in collaboration with McKinsey & Company will keep track of k
18 January 2023
World Cup excitement and tourism to add billions to GCC economies This Sunday, the world’s largest sporting event kicks off when hosts Qatar meet South America’s Ecuador.
18 November 2022
Regional economies can bloom with more women in the workforce Stimulating more women to (re)enter the workforce could provide a major economic impetus to the Middle East, up to as much as $2 trillion, according to a new study by PwC.
09 June 2022
UAE and Qatar improve their attractiveness to foreign investors The United Arab Emirates and Qatar have increased their attractiveness to foreign investors over the past year, according the 2022 Foreign Direct Investment Confidence Index by global strategy and ma
07 June 2022
Advancing digital maturity a $100+ billion opportunity for GCC Advancing the digital maturity of GCC countries can unlock billions in economic value added, according to a new report by Strategy&.
27 December 2021
Economic rebound and government action drives CEO confidence in UAE The confidence of UAE-based CEOs in the economy has returned to pre-pandemic levels, according to the latest CEO Outlook study from KPMG.
15 December 2021
Shifting GCC’s approach to attracting foreign direct investment Government-backed effort to increase foreign direct investment (FDI) across GCC economies remain limited in their effectiveness – further hindered by a global investment dip since Covid-19.
19 July 2021
MENA’s digital economy surging ahead to $100 billion barrier MENA’s consumer digital economy is set to double in the coming three years to reach $100 billion, according to a new report by RedSeer.
05 July 2021
Hana Abu Kharmeh: ‘Emiratisation isn’t just a tick box exercise’ Emiratisation is one of the most important economic values of the UAE’s long-term vision, aimed at increasing the number of Emiratis in the job market and their contribution to the economy.
27 May 2021
The human and economic cost of a decade-long war in Syria Around 600,000 people – 55,000 of them children – have been lost to a decade of war in Syria.
26 March 2021
PwC CEO survey: Middle East has most positive post-pandemic outlook Professional services firm PwC’s latest global CEO survey has found that Middle East leaders are particularly optimistic for medium-term growth, with substantial investments in digital transformation
24 March 2021

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