Sub-Saharan Africa’s economy expected to grow by 3.4% in 2021: IMF
The economy contracted 1.9% in 2020...
Category : Economy
Oman implements 5% VAT
Oman becomes the fourth GCC country to introduce VAT...
Saudi Arabia’s inflation rate fell to 4.9% in March
Inflation rate in February was 5.2%...
TES to help South Africa’s gig economy
The adoption of the gig economy is considered to be a turning point in reducing the unemployment rate and increasing gross domestic product...
Amidst currency crisis Turkey sells gold
The World Gold Council stated that the central banks were the net buyers of the precious metal...
Chile passes economic relief bill to help citizens weather Covid-19 storm
The aid package is expected to consist of $693 bonus for workers who have salaries up to $2,079 since 2019...
Trilateral trade between India, Israel and the UAE to reach $110 bn by 2030
UAE and India's bilateral trade is projected to grow from $60 bn in 2020 to $100 bn during the period...
Taiwan’s economy to grow 6.1% in the first quarter: DBS
The global chip shortage is expected to continue to support Taiwan’s exports and manufacturing sector in the near future...
Thailand announces new $11.2 bn economic relief package
The package aims to improve the liquidity of businesses through soft loans...
UAE announces $10 bn funds for investments in Israel
The fund is aimed at strategic sectors like energy, manufacturing, water, space, healthcare and agri-tech in Israel...