UK Finance Minister Jeremy Hunt said the outlook for the economy was not as bad as the updated official figures suggested
The kingdom has been studying setting up the trading platform in the second half of 2023 but a decision is not expected any time soon
The apex lender projected that the country’s overall GDP will grow by 3.1 per cent in 2023
The hotels, among Egypt’s grandest, include the Cataract in Aswan, the Winter Palace in Luxor, the Mena House in Cairo and the Cecil in Alexandria
In this interview, Sri Lankan President, Ranil Wickremesinghe, talks in-depth about his country’s economic reforms and climate plans.
India is entering the central take-off portion of the S-curve when urbanisation, industrialisation, household incomes and energy consumption increase most rapidly
An over-valued currency, weak property rights and institutions, and an overbearing state and military have deterred investment and competition
The budget estimates expenditures of SAR1.3tn in 2024 and total revenues of SAR1.2tn
The kingdom will host the global event from October 2030 until March 2031
The programme aims to foster trust between SMEs and financial institutions, and lead to collaborative credit assessment
From the upcoming climate conference in UAE, to inflation numbers in the US, and China’s GDP targets, a look at what the markets are tracking
The Gulf’s biggest economy will be among the three top fastest growing countries in the world next year, with only India and Indonesia set to expand faster
In China, stocks fell on Thursday, as investors were disappointed by the top level Sino-US meeting
The Executive Council approved an ambitious plan to stimulate Dubai’s industrial sector and drive the goals of the Dubai Economic Agenda D33
Business optimism and expectations for future activity growth hit its highest since February 2020
The economic principles include building a digital economy and a fair legislative environment
The former World Bank executive also talks about the hard choices the world has to make to get to net zero
The expenditure for the fiscal year 2024 alone is estimated at Dhs79.1bn, as the city seeks to accelerate growth and support the objectives D33
The country’s debt problems have come amid a bruising economic crisis that has triggered a string of currency devaluations and record inflation
Inflation hit a 24-year peak of 85 per cent last year and surged again in recent months as the lira weakened for a third year in a row
The two nations are collaborating in areas such as climate change, energy, water, and food security
The main driver of CPI inflation in September was higher prices of housing, water, electricity, gas and other fuels, and restaurant and hotel prices
A UAE-Korea CEPA will reinforce East-West supply chains, facilitate FDI flows, and enhance joint research and knowledge exchange across a range of sectors
The announcement was made during the International Monetary and Financial Committee Meeting, organised on the sidelines of the WBG-IMF Annual Meetings In Morocco
The Indian-born US citizen said he was calling on member countries to replenish the bank’s Crisis Response Window, with a goal of raising $4bn
By removing or reducing tariffs on 95 per cent of product lines, the agreement is set to boost non-oil trade value beyond $1.5bn in the next five years.
It was the fourth consecutive month of record highs recorded on the central bank website
It has gradually lowered its overall growth forecasts for Saudi Arabia, the world’s biggest oil exporter, over the course of this year
The new platform will aid in the reporting of economic crimes such as money laundering, bribery, forgery and embezzlement