Politics & Economics


How The Lebanese Private Sector Is Coping In The Eye Of A Storm

Middle East Business News - Published date: .

Businesses extremely pessimistic about future as layoffs continue and wages plummet Read more

Lebanese Pound: The Most Undervalued Currency In The World

Middle East Business News - Published date: .

As political and economy chaos ensues, leading analyst says exchange rate needs sorting 'as soon as possible' Read more

UAE-Bahrain Trade Returning To Pre-coronavirus Levels

Middle East Business News - Published date: .

Bahrain's trade for the first half of the year reached $10.4bn globally, down 2% on 2019 Read more

Kuwait Central Bank Denies Plan To Devalue, Stands By Peg

Middle East Business News - Published date: .

Speculation started swirling after the passing last week of Sheikh Sabah Al-Ahmed Al-Jaber Al-Sabah, who has been succee... Read more

Inflation Spirals Out Of Control As Lebanon Drowns In Excess Pounds

Middle East Business News - Published date: .

Local currency in circulation soars 137% as it loses 80% of its value amid ongoing economic crisis Read more

Saudi Arabia Extends Coronavirus Stimulus Package But Narrows Scope

Middle East Business News - Published date: .

The initiative, which was due to expire in October, will now continue until January and will support half of all Saudis ... Read more

Inside The Campaign To Help Make Arab-American Businesses More Competitive

Middle East Business News - Published date: .

'Disadvantaged' classification would give Arab-American-owned businesses greater access to government contracts and capi... Read more

Currency Collapse Heaps More Misery On Lebanese As Prices Skyrocket

Middle East Business News - Published date: .

Lebanese pound loses more ground against the US dollar, adding to the misery of the growing number of people struggling ... Read more

Revealed: How Real Estate Is Shining Through Lebanon's Economic Gloom

Middle East Business News - Published date: .

Real estate is the only economic sector in Lebanon that has shown growth in the first few months of 2020 Read more

Lebanon Unveils Port Blast Compensation Package For Beirut Businesses

Middle East Business News - Published date: .

President Michel Aoun signs a decree allocating 100 billion Lebanese pounds to the programme Read more

Banking Confidence, Exchange Rate Are Key To Lebanese Recovery, Says Banker

Middle East Business News - Published date: .

Central bank governor Riad Salameh has warned banks that cannot increase their capital by 20% by end-February 2021 will ... Read more

Coronavirus Set To Deliver 5.2% GDP Blow To UAE Economy In 2020

Middle East Business News - Published date: .

Latest central bank forecasts show a deeper contraction this year than first estimated, dragged down by disruptions caus... Read more

Abu Dhabi Reveals Huge Surge In Saudi Trade Deals

Middle East Business News - Published date: .

The value of non-oil trade in goods between Abu Dhabi and Saudi Arabia over the past decade hits $134.5bn, just slightly... Read more

Saudi Arabia To 'assess All Options' To Boost Economy After Coronavirus Impact

Middle East Business News - Published date: .

Commerce Minister says gov't is reing what is 'best for the people and the nation and its interests' Read more

Are Green Bonds The Future For The Gulf Or Just A Gimmick?

Middle East Business News - Published date: .

Analysts ponder the rise of green bonds in a region known for oil wells, tankers and sprawling natural-gas plants Read more

Lebanon's Inflation Nightmare Intensifies Amid Economic Crisis

Middle East Business News - Published date: .

Lebanon witnesses another dramatic inflation surge in August, deepening the misery of the country's growing number of po... Read more

Will The Chance To Retire In Dubai Appeal To British Expats?

Middle East Business News - Published date: .

Arabian Business asks the experts whether the emirate's new retirement visa will be an attractive option for UK citizens Read more

Abu Dhabi Set To Open First International Investment Office In Tel Aviv

Middle East Business News - Published date: .

Abu Dhabi Investment Office reveals plans as part of expansion of representative offices in Europe, North America and As... Read more

Lebanon Succumbs To The Highest Debt-to-GDP Ratio In The World

Middle East Business News - Published date: .

Beirut Port blast, coronavirus add up to an economic crisis which could see GDP fall from $55bn to $25bn in just two yea... Read more

Egypt Doubles Private Sector Funding As Coronavirus Crisis Continues To Bite

Middle East Business News - Published date: .

Analyst says the move is in keeping with the Egypt Central Bank's policy to bolster the economy during challenging times Read more