Maryna, the founder of Mazarine, the Ladies Garments Trading in Dubai, is a living example of the power of passion, determination, and the pursuit of dreams. From her roots in Ukraine to the bustling fashion scene of Dubai, Maryna has crafted a unique path defined by passion, resilience, and a commitment to sustainable fashion. As […]
Saudi Arabia’s point-of-sale spending increased by 7.7 percent to reach SR13.2 billion ($3.51 billion) from June 30 to July 6, with the greatest rise coming in hotel payments, according to official data. The latest release from the Saudi Central Bank, also known as SAMA, revealed that the transaction value in this sector, which accounts for only 0.39 […]
Qatar’s real estate trading volume totaled QAR1.11 billion ($304.1 million) in June 2024, marking an 11.90 percent decline from the previous month. According to official data from Qatar’s Ministry of Justice, the property sector recorded 285 transactions last month, a decrease of 11.49 percent compared to May. Qatar’s real estate sector: A vital economic pillar Qatar’s real […]
Kuwait’s Finance and Investment Minister, Dr. Anwar Al-Mudhaf, has announced that the country anticipates a budget deficit of 26 billion Kuwaiti dinars ($85 billion) over the next four years. Speaking to Kuwait TV, he revealed that in the past decade alone, Kuwait has accumulated a deficit of KD33 billion ($107.7 billion), which has been financed from […]
Qatar’s non-oil private sector growth accelerated in June, according to the latest Purchasing Managers’ Index (PMI) survey data from the Qatar Financial Centre (QFC) compiled by S&P Global. Fastest output growth in over a year Output increased at the fastest rate in a year and a half, as new business growth accelerated. Companies continued to expand […]
More than 120,000 commercial registrations were issued by the Saudi Ministry of Commerce in the second quarter of 2024, marking a 78 percent year-on-year increase. According to data from the ministry, a total of 121,521 official identification cards for businesses were issued during the three months to the end of June, up from 68,222 in […]