Oman’s Trade Surplus Hits $19.4 Billion
Prime Highlights: Oman’s trade surplus reached 7.5 billion Omani rials ($19.4 billion) in December, up from 7.14 billion rials in November, driven by oil and gas exports. Total merchandise exports…
PIF Launches Saudi Arabia’s First Duty-Free Company to Boost Travel Retail Market
Prime Highlights: Saudi Arabia’s Public Investment Fund (PIF) has launched the first Saudi-owned duty-free operator to capture a larger share of the Kingdom’s travel retail market. Al Waha plans to…
Egypt’s Net Foreign Assets Surge by $2.74 Billion in January
Prime Highlights: Egypt’s net foreign assets (NFAs) rose by $2.74 billion in January, reaching $8.70 billion, up from $5.96 billion in December. The increase is attributed to Egypt’s completion of…
