Yara Abi Farraj is a journalist for Economy Middle East, specializing in covering economic news and trends in the Middle East region. With a focus on business, finance, and technology, Yara provides insightful analysis and reports on key developments in the economy, including topics such as digital transformation, tourism, industry growth, and foreign direct investment.
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Yara Abi Farraj’s coverage predominantly focuses on the finance & economy sector, with a significant emphasis on data-driven insights and government announcements. She also covers energy to some extent.
Given her reliance on citing data and press releases, Yara may be receptive to pitches that offer unique access to relevant data or exclusive insights into financial trends in the UAE or global trade. Additionally, she might value expert opinions from reputable sources who can provide context around government announcements related to the economy and energy sectors.
As most of her articles focus on the UAE economy, oil prices, global trade, tourism, and financial markets are likely key areas of interest for potential pitches.
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By: Yara Abi Farraj
Pressure on inequality is rising as the labor income share stagnates and a large share of youth remains out of employment, education or training, stated the International Labor Organisation (ILO) in its latest ‘World Employment and Social Outlook: September 2024 Update’. The report indicates slow progress on key sustainable development goals (SDGs) as the 2030 […]
By: Yara Abi Farraj
The Emirates Nuclear Energy Corporation (ENEC) has announced a historic milestone for the UAE with Unit 4 of the Barakah Nuclear Energy Plant entering commercial operations. This fulfils ENEC’s promise to bring clean, abundant electricity to the UAE. The Barakah Nuclear Energy Plant is one of the most successful new nuclear projects in the past […]
The trade exchange between Egypt and Türkiye posted a 19 percent decline during the first half of 2024 to $3 billion from $3.7 billion in H1 of 2023. Recent data from the Central Agency for Public Mobilization and Statistics (CAPMAS) revealed that Egypt's exports to Türkiye declined 35 percent year-on-year to $1.5 billion, compared to $2.3 billion in H1 of 2023. Meanwhile, Egypt's imports from Türkiye rose marginally from $1.4 billion in H1 of 2023 to $1.5 billion during the first half of this year.
Gold prices rose on Friday and were set for a weekly gain as market participants awaited the release of key U.S. jobs data that could impact the size of the expected rate cut this month.
By: Yara Abi Farraj
Oil prices rose on Friday as investors remained cautious with some OPEC+ members agreeing to extend voluntary production cuts ahead of key U.S. employment data. Brent crude futures rose 0.15 percent to $72.80, as of 5:28 GMT, while U.S. West Texas Intermediate (WTI) crude futures gained 0.14 percent to $69.25. Brent was on track to […]
Members of the OPEC+ alliance have recently agreed to extend their additional voluntary production cuts of 2.2 million barrels per day for two months until the end of November 2024. In a statement, the alliance said that starting December 1, these cuts will be gradually phased out on a monthly basis with the flexibility to pause or reverse the adjustments as necessary.
In a bid to support the expansion of Chinese investors into Dubai, Dubai Chambers announced signing a memorandum of understanding (MoU) with the China Council for the Promotion of International Trade Tianjin Sub-council ( CCPIT Tianjin
Egypt's net international reserves rose to $46.597 billion at the end of August 2024 from $46.49 billion by the end of July, according to the Central Bank of Egypt (CBE). In June, Egypt's net international reserves rose to $46.3 billion from $46.126 billion in May, $41 billion in April, and $40.4 billion in March.
Etihad Airways is continuing its global expansion with the launch of two new routes to Warsaw in Poland and Prague in Czechia, marking the first time the airline has flown directly to these countries.
The Bank of Sharjah recently announced that it successfully priced a $500 million senior unsecured bond in the international markets. The issuance received tremendous response from international investors, attracting orders that peaked at $1.4 billion.
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