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Georgieva stated the IMF will assess tariffs during meetings from April 21-26
China also announced controls on exports of medium and heavy rare-earths to the U.S., effective April 4
Imports held steady at $401.1 billion in February after a sharp increase in the prior month
Trump recently announced a 10 percent import tax and higher tariffs on trade surplus nations.
Retaliation, a slide in U.S. business sentiment and supply chain disruptions could magnify the impact of tax hike
The report emphasized the need for global AI governance, with 118 countries absent from discussions
The published list features roughly 8,000 items that could be affected by future retaliatory duties
UAE firms remain optimistic about future growth, supported by strong pipelines and national infrastructure development
The Purchasing Managers' Index fell to 49.2 from 50.1 in February
Türkiye's monthly inflation rate reached 2.46 percent, up from 2.27 percent in February
Transaction follows a strategic agreement that CYVN signed in December 2024 with Mumtalakat
Tariffs are expected to generate approximately $700 billion in annual revenue
Trump’s sweeping tariffs will go into effect on April 5, and his reciprocal tariffs will hit on April 9 on new imports of foreign-made goods
Trump's sweeping tariffs will go into effect on April 5, and his reciprocal tariffs will hit on April 9
The country achieved the highest rank among high-income nations in 11 out of 13 key indicators
New laws seek to facilitate starting and operating a business in Saudi Arabia and reduce the financial burden on enterprises
The CEPAs are expected to enhance the UAE's connectivity to centers of growth in Central America and Africa
In 2024, the UAE achieved 75 percent of the AED4 trillion target set in the ‘We the UAE 2031’ vision with seven full years remaining
The Parliament approved macro-financial assistance to Egypt: 452 votes for, 182 against, 40 abstained
Trump also plans to visit Qatar and the UAE during this trip
Gifting money to younger family members during Eid al-Fitr is being reimagined for the digital era in the UAE
The unemployment rate for Saudi nationals dropped to 7 percent in Q4 2024
The non-oil sector recorded a strong growth rate of 6.2 percent, marking its highest-ever annual contribution of 54.7 percent to total GDP
The carmaker domestically manufactures all of its cars sold in the U.S. but imports certain parts from China
