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Economy
U.S. economy adds 228,000 jobs in March amid looming trade war escalation
Job growth rebounded significantly from last month’s revised total of 117,000 new jobs added
Economy
IMF urges U.S. to collaborate on trade as tariffs pose economic risks
Georgieva stated the IMF will assess tariffs during meetings from April 21-26
Economy
U.S. trade deficit shrinks by 6.1 percent to $122.7 billion amid tariff changes
Imports held steady at $401.1 billion in February after a sharp increase in the prior month
Economy
U.S. tariffs could constrict global trade by 1 percent in 2025, WTO warns
Trump recently announced a 10 percent import tax and higher tariffs on trade surplus nations.
Economy
Global AI market to reach $4.8 trillion by 2033: 40 percent of jobs at risk
The report emphasized the need for global AI governance, with 118 countries absent from discussions
Economy
U.K. targets U.S. imports: List of products facing tariffs
The published list features roughly 8,000 items that could be affected by future retaliatory duties
Economy
UAE non-oil business sector growth declines in March – PMI
UAE firms remain optimistic about future growth, supported by strong pipelines and national infrastructure development
Miscellaneous
Sheikh Hamdan launches MyDubai Communities: Your gateway to Dubai’s activities
Platform connects individuals of all ages, nationalities, and cultures within Dubai's 3.85 million residents
Economy
Egypt’s construction sector thriving despite PMI mild contraction in March
The Purchasing Managers' Index fell to 49.2 from 50.1 in February
Hospitality & Tourism
Saudi travel surplus hits record $13.3 billion in 2024, marking 7.8 percent yearly growth
Surge was fueled by a 13.8 percent increase in inbound visitor spending compared to 2023
Logistics
Dubai Land Department, Ajman Free Zones Authority join forces to simplify real estate ownership
Initiative aims to boost transparency and investment, backed by strong legal and administrative protocols
Economy
U.S. tariff rate soars to 22 percent from just 2.5 percent, highest since 1910: Fitch
Tariffs are expected to generate approximately $700 billion in annual revenue
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