from 5.1% last year to 3.4% this year, while low-income countries will continue to lag growth at 1.3% this [...] Africa (MENA) economies is projected to slow to 3.1% this year, from 5.3% last year, according to the [...] “However, growth is projected to slow this year to 3.1% due to tight policies to restore macroeconomic stability
of the increase in actual rentals for housing by 1.1%." Food and beverage prices, which were the [...] 3% month on month in December, compared with a 0.1% monthly rise in November, Saudi Arabia's General [...] main driver of inflation during much of 2022, fell 0.1% on a monthly basis, though they were still up 4.2%
Etihad Etisalat jumping 5.1%. Dubai's main share index gained 0.6%, led by a 1.2% rise in sharia-compliant [...] urses_gain_as_financials_lead-TR20201006nL8N2GX1SRX1/ [...] pliant lender Dubai Islamic Bank and a 1% increase in Emirates NBD Bank. The Abu Dhabi index edged
by SAR 19.15 billion in H1-20 to SAR 155.9 billion from SAR 136.8 billion in H1-19, according to data collected [...] yearly or 357.5 million, hitting 1.05 billion from 688.5 million in H1-19. Food and beverages dominated [...] signalled a 14% annual surge in the first half (H1) of 2020, despite the effects of the COVID-19 pandemic
the 1.66 trillion riyals recorded in May 2020. Investments in foreign securities totaled 1.11 trillion [...] assets fell by 13.65 billion riyals ($3.64 billion) to 1.62 trillion riyals ($432.6 billion), according to [...] trillion riyals in May this year, dropping over 1 percent compared to the previous month. The economy
the gains, Al Rajhi Bank climbed 1.2%, after proposing a 1 riyal per share dividend for 2020, and [...] and Saudi Basic Industries advanced 1.2%. In Qatar, the index firmed 0.5% and was on course for [...] rise in its largest lender Emirates NBD and a 1.7% jump in developer Damac properties. Damac
was expected to average 1.8% this year before easing back to 1.4% next year and 1.3% in 2023. Despite the [...] bank estimated. That would be more than double the 1.1% growth seen in the second quarter. With the [...] rebound, unemployment was seen largely stable at 8.1%-8.2% between now and 2023. Source: French
15 years and above) increased by 1.8 percentage points compared to Q1 of 2019, reaching 58.2%. Labor force [...] quarter. The total unemployment rate stood at 5.7% in Q1 this year. Based on the administrative data, [...] 2 million individuals, 2.06 million Saudi men and 1.13 Saudi females, the report said. The participation
or 24.1pc. The balance sheet of retail banks increased by BD2.2bn, or 6.7pc, reaching BD35.1bn at [...] 045.4m at the end of January 2020, an increase of 5.1pc compared with its level of BD11,457m in January [...] total balance sheet of the banking system from $194.1 billion at the end of January 2019 to $205.2bn at
increased by 1.3 percent and 2.0 percent quarter-on-quarter and year-on-year respectively, in Q1 2020, compared [...] other sectors increased jobs year-on-year in Q1 2020 by 7.1 percent and 11.3 percent, faster than the 6 [...] rate on a year-on-year basis in Q1 2020, as in the previous quarter, at 1.3 percent. In addition, the Transport