Bahrain’s GDP grows by 2.1% in Q3 2024
Driven by further economic diversification, Bahrain's third-quarter growth reflects favourable trends throughout the GCC, with Qatar's GDP increasing by 2% and Saudi Arabia's by 2.8%...
Category : Economy
Non-oil sector to buoy Oman’s GDP growth to 3.1% in 2025
The Sultanate of Oman's sovereign wealth fund, the OIA, released economic projections earlier this week that are in line with this GDP growth estimate at constant prices...
Saudi Arabia drives MENA e-commerce growth during festive season: Report
Around 62% of online purchases in Saudi Arabia were made on mobile devices, making it the country with the highest adoption rate of mobile commerce...
Rachel Reeves suffers new setback as UK economy unexpectedly shrinks
Some businesses said that customers waiting for Rachel Reeves' statement had impacted turnover...
Singapore economists see growth of 3.6% in 2024, monetary policy remains unchanged
Singapore's central bank determines the direction of the S$NEER's policy band, which influences the value of the local currency relative to its major trading partners...
Kuwait GDP to contract in 2024, rebound expected in 2025, predicts IMF
As a result of ongoing production cuts by OPEC+, Kuwait's economy is predicted to remain in recession in 2024, contracting by 20.8%, before gradually improving...
IF Insights: Raking up the debate around capitalism & global inequality
In countries like China and Vietnam, capitalism and integration into global trade networks have helped lift millions out of poverty...
IF Insights: Higher capital gains tax & its impact on British economy?
Capital Gains Tax is levied on the profit realised from the sale of assets, including equities, property, and other investments...
IF Insights: Unveiling hidden poverty crisis in Lagos slums
Fighting poverty in Lagos's slums requires more than just counting income levels...
IMF projects 4% growth rebound in MENA in 2025 amid geopolitical worries
The IMF has approved USD 13.4 billion in new funding to Middle East and Central Asian countries since January 2024, including for programmes in Egypt, Jordan and Pakistan...