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Refined policy frameworks are critical for MENA’s recovery; IMF experts

The International Monetary Fund (IMF) has organized an expert discussion on the state of recovery in the Middle East and North Africa (MENA) area,...

IMF urges for urgent action plans to restore global economy

The International Monetary Fund (IMF) has pointed out that urgent policy action is required to control the COVID-19 pandemic, limit economic scarring and transform...

IMF warns against “cryptoization” risk to financial stability

The arrival of digital currencies in emerging markets could spark "cryptoization" of local economies, eroding the exchange and capital controls and upsetting financial stability,...

UAE economy is set for a gradual recovery from pandemic; IMF

The International Monetary Fund (IMF) has stated that the UAE's economy is gradually recovering and is ready to accelerate its growth, as a result...

Multilateral leaders urges more COVID-19 vaccine doses for poorer countries

The Managing Director of the International Monetary Fund (IMF) Ms. Kristalina Georgieva and other multilateral-organization leaders advised countries with high COVID-19 vaccination rates to...

Saudi’s non-oil export rose 52% in Q2 2021 signaling global trade...

The non-oil exports of Saudi Arabia grew 52 percent during the second quarter (Q2) signaling a rebound in international trade and the country’s economic...

Saudi lenders claim excellent profit growth, amid economic recovery

As the Arab world's largest economy is recovering from the coronavirus-induced downturn, four Saudi banks announced excellent profit growth. Al Rajhi Bank, the Kingdom's second-largest...

Multilateral leaders unveil new Global Database to ease supply of COVID-19...

A Task Force headed by the International Monetary Fund, the World Bank Group, the World Health Organization, and the World Trade Organization has launched...
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