Oman’s government expects to increase spending in 2020 by 2% to OMR13.2 billion, but its fiscal deficit will remain high at 8% of gross domestic product...
Bahrain is mulling the idea of establishing a national company to support the marketing of the products of local farmers. The company is also likely to...
(Bloomberg) –Saudi Arabia’s economy shrank 0.5% in the third quarter, a contraction that was broadly expected even as the kingdom’s goal of weaning itself off crude...
(Bloomberg) –The Arab world’s first commercial nuclear plant should start operating in the first quarter of 2020, Abu Dhabi government-owned newspaper Al-Ittihad reported, citing the Emirates...
Achieving food security is the top priority of Kuwait, said Deputy Prime Minister Shaikh Khalid bin Abdullah Al Khalifa, the Head of the Ministerial Committee for Development...
Beginning January 1, 2020, government employees in Abu Dhabi will come under an new salary scale, grading and allowances. The salary scale resolution is aimed at maintaining parity...
(Bloomberg) –In 2018, seemingly every asset class was a loser. In 2019 it’s been the reverse, with opportunities abounding — and some of the biggest winners...
Satya Nadella, the Chief Executive Officer of Microsoft, has been named as the ‘person of the year’ by two leading publications of the world — Financial...
(Bloomberg) –Gulf borrowers raised more than $100 billion in bond placements this year, a record amount that marked a shift from the more private funding route...
From political turmoil to threatened ecosystems, here are the biggest business and political news stories that impacted the global economy in 2019. 2019 Hong Kong Protests...