Economy

U.K. Competition Watchdog Probes Amazon’s $575 Million Bet on Deliveroo

After Saudi And UAE, This GCC Country Might Be Investing In $100B SoftBank Fund

How this Billionaire Is Innovating Transport And Luxury In The Middle East

GCC To Witness Marginal Economic Growth In 2019

Almost 39% Of EMEA’s Wealthy Investors Are Bullish On Equities

UAE-Saudi Coordination Council To Explore Common Market And Space Co-Operation

Expo 2020 Could Bring $33.3 billion Into The UAE’s Economy

India Is The Top Recipient Of Remittances In 2018 As Egypt Takes Fifth Spot

Economy Now

1 week ago

U.K. Competition Watchdog Probes Amazon’s $575 Million Bet on Deliveroo

The probe from the CMA is somewhat unusual given Amazon is only a minority shareholder in Deliveroo. 
By Sam Shead 9 min read
2 months ago

After Saudi And UAE, This GCC Country Might Be Investing In $100B SoftBank Fund

The fund currently has investors from the Gulf such as Saudi Arabia’s Public Investment Fund and UAE’s Mubadala, which has committed $15 billion to the fund.
By Mary Sophia 3 min read
2 months ago

How this Billionaire Is Innovating Transport And Luxury In The Middle East

Here are four ways Branson’s multi-million dollar empire converted their passion for technology to build pioneering customer experiences in the Middle East.
By Jamila Gandhi 6 min read
2 months ago

GCC To Witness Marginal Economic Growth In 2019

Despite the strong drive in recent years by GCC authorities to diversify their economies, oil continues to play a dominant role, constituting up to 46% of total GDP.
By Nermeen Abbas 4 min read
2 months ago

Almost 39% Of EMEA’s Wealthy Investors Are Bullish On Equities

Around 800 European ultra-high-net-worth investors participated in the survey which polled clients from countries including, Denmark, France, Germany, Greece, Turkey, Russia, Spain, Switzerland and...
By Nermeen Abbas 4 min read
3 months ago

UAE-Saudi Coordination Council To Explore Common Market And Space Co-Operation

The Executive Committee of the UAE-Saudi Coordination Council announced the launch of seven joint committees at its second meeting.
By Jason Lasardo 5 min read
3 months ago

Expo 2020 Could Bring $33.3 billion Into The UAE’s Economy

In the six months of the event, a report by EY calculates that Expo 2020 will contribute approximately 1.5% to the UAE’s annual GDP.
3 months ago

India Is The Top Recipient Of Remittances In 2018 As Egypt Takes Fifth Spot

India retained its position as the world's top recipient of remittances in 2018 with $79 billion compared to $68.967 billion in 2017, according to the World Bank’s latest Migration and Development...
By Nermeen Abbas 5 min read