Economy

Oil production cuts prompt World Bank to cut regional growth forecast

Growth expected to slow to 2.2% versus 3.5% in previous estimates

Persistently high interest rates keep global economy unsteady

Middle east and North Africa expected to slow to 2.2 percent in 2023

Global e-commerce sales to reach $7 trn by 2026, boosted by MENA growth

MENA’s e-commerce sector is on pace to reach $57 bn by 2026

Why did Qatar achieve two-thirds of its projected surplus in 2023 budget?

It became top exporter of liquefied gas in 2022 despite market volatility

Significant increase, integration of women in GCC workforce

Report underscores the urgency for continued action

US House of Representatives passes debt ceiling bill to suspend limit

With majority support from both Democrats and Republicans

Experts divided on possibility of global economic recession

U.S. banking crisis and debt-ceiling standoff could trigger slowdown

Building Resilience: Safeguarding against a repeat of the 2009 debt

Global debt has skyrocketed by $45 trillion from pre-COVID-19 levels

BRICS nations eye expansion and shared currency, challenging global financial order

Economic bloc threatens to wrestle trade dominance away from greenback 

The Gulf has potential to forge an alternative To USD hegemony

It will continue to play a significant role for some time yet

OPEC+ agreement to impact Abu Dhabi’s GDP growth forecast: S&P

Real GDP growth in Abu Dhabi accelerated to 9.3% in 2022

Saudi’s special economic zones: A global investor magnet

Kingdom launches first special economic zone for cloud computing investment

Biden-McCarthy debt raising deal faces first House test today

Bipartisan support is needed to win congressional approval

Bahrain B+/B ratings affirmed, outlook remains positive

The transfer and convertibility assessment also remains 'BB-'

What awaits Erdogan, Turkish lira, in his new term?

Turkish lira falls to 20.05 against dollar as Erdogan claims victory

IMF: Reforms behind actual wealth of Gulf states

Georgieva reaffirms that Gulf region plays an important role in the global economy

What are the current work preferences of Gen Z in the UAE?

Over 25% of the global workforce by 2025 will be Gen Z

Debt ceiling date upon us; no agreement yet between Democrats, Republicans

Yellen warns of U.S. inability to pay its debt on June 1

Dubai’s GDP expected to expand by 3%: Report

Reduction in debt to continue over coming years