Saudi Arabia non-oil export reached $6.2 bn in 2021
Compared to 2020, the exports went up by 40% in 2021...
Category : Economy
IFC invests $10.4 bn in the private sector of MENA
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The funds will help thousands of small businesses gain access to finances, trading, and partnership...
IMF suspends Afghanistan’s access to SDRs over lack of clarity recognising a new government
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The announcement comes amid mounting pressure from the US treasury that holds a controlling share in the funds...
Hong Kong’s GDP to grow by 6.5% in 2021
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The economy grew 7.8% in the first six months of the year...
Oil, private sectors to boost GCC economic recovery in 2022
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Regional countries will grow at the rate of 1.7% this year and 4.2% in 2022...
Vietnam’s goal of 6.5% GDP in trouble as Covid-19 cases increase
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As of Sunday, there were 208,060 active cases in the country...
GCC economies to grow by 2.2% this year: World Bank
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In 2020, the GCC countries saw a GDP contraction of 4.8% due to Covid-19 pandemic and lower oil prices...
IMF announces largest SDR in history of $650 bn
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IMF announced a massive funding of $650 mn to help member countries fight Covid-19...
Saudi Arabia ranks first in the MSCI Emerging Market Index
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Out of the 25 countries, Turkey turned out to be the worst performer in the emerging market...
World economy loses $15 tn due to Covid-19: IMF
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IMF stated that it could take years to recover from the Covid-19 crisis if reforms are not implemented...