The GCC achieved a trade volume of $1.5 trillion in 2023, securing its position as the sixth-largest [...] 7 billion in 2023. This marks a sharp drop of 57.1 pc from the previous year’s surplus of $381.3bn. [...] fifth-largest exporter of commodities, contributing 3.1pc of the world’s total. In 2023, the region’s commodity
7% y-o-y in Q1 2025, driven by a 4.2% rise in non-oil GDP, while oil GDP declined by 1.4%, according [...] Wholesale Price Index (WPI): WPI grew 1.53% y-o-y in March (vs. +1.54% in February), mainly due to a 3 [...] estimates by GASAT. The non-oil PMI reached 58.1, and remained above the long-run average of 56.9,
remained at $1,170 per international trip in 2024, above the pre-pandemic average of $1,000 (both in [...] highlights show: * The Middle East recorded 1% growth compared to 2024, a more modest increase following [...] in the first three months of the year, up 2% from Q1 2024, and 5% more than the same period before the
acquisitions (M&A) deals in Q1 2025, up from the 172 deals recorded in Q1 2024, reflecting a 31% increase [...] rose by 66% to $46 billion in Q1 2025, when compared to $27.6 billion in Q1 2024, said the latest EY MENA [...] reaching $8.7 billion as compared to $1.69 billion recorded in Q1 2024. The technology sector led
IPOs raising a total of $1.6 billion, up from $1.2bn across 10 listings in Q1 2024. This demonstrates [...] Middle East in its IPO Watch Q1 2025 report. Saudi Arabia contributed $1.1 billion, which accounts for [...] Bond issuance surged to $4.6 billion in Q1 2025, up from $1.6 billion during the same period last year
strengthening of the BRL against the USD in Q1 2025 as compared to Q1 2024, which was impacted by devaluation [...] billion as at the end of Q1 2025, compared to $46.3bn at the 2024 year-end, a 1pc reduction, reflecting [...] capital and liquidity ratios: Tier 1 Capital ratio at 15pc of which CET 1 was at 13.2pc, while LCR and NSFR
down by 1.1pc, versus BD1,923.9m, as of end-2024. Alba’s total assets as of March 31, 2025 were BD2 [...] for Q1 2025 versus 17 fils for the same period in 2024. Total comprehensive income for Q1 2025 stood [...] BD334.6m in Q1 2024 – up by 22.2pc YoY. Total equity as of March 31, 2025 stood at BD1,902.7m, down
Hospitality and residential projects worth $1.9 trillion are under development in the Middle East, with [...] Saudi Arabia, UAE and Egypt accounting for 90% ($1.7 trillion) of the investment, according to new data [...] top of the region’s project investment table, with $1.2 trillion worth of developments in the pipeline,
Wednesday announced that it plans to make available $1 billion of financing to early-stage climate tech companies [...] investment has focused on the US and Europe, HSBC’s $1 billion allocation plans to focus on high potential