EconomyFeaturedEgypt expects economic growth of 5.6% in 2021-2022IFM CorrespondentNovember 24, 2021 by IFM CorrespondentNovember 24, 2021 Egypt’s GDP grew by 3.3% in the last fiscal year... Read more
EconomyFeaturedThailand’s economy shrinks 0.3% as consumption drops due to Covid-19 curbsIFM CorrespondentNovember 15, 2021 by IFM CorrespondentNovember 15, 2021 Previously, it was forecasted that GDP would shrink by 0.8%... Read more
EconomyFeaturedEgypt’s non-oil export to the EU increases by 38% in eight monthsIFM CorrespondentNovember 8, 2021November 8, 2021 by IFM CorrespondentNovember 8, 2021November 8, 2021 Exports to the EU amounted to €4.1 billion, compared to €2.9 billion during the same period in 2020... Read more
EconomyFeaturedThailand becomes latest ASEAN nation to ratify RCEP agreementIFM CorrespondentNovember 3, 2021 by IFM CorrespondentNovember 3, 2021 Thailand deposited its instrument of ratification with the secretary-general of ASEAN on October 28... Read more
EconomyFeaturedUK economy to grow by 6.5% in 2021 before slowing slightly in 2022: OBRIFM CorrespondentOctober 29, 2021 by IFM CorrespondentOctober 29, 2021 OBR has cut down on its forecasts for 2021, 2022 as well as 2023... Read more
EconomyFeaturedChanges in policy framework key to transforming recovery in MENA: IMFIFM CorrespondentOctober 25, 2021 by IFM CorrespondentOctober 25, 2021 While several countries in the region have made significant strides, but the progress has been inconsistent... Read more
EconomyFeaturedChina’s GDP grows by 4.9% in the third quarter of 2021IFM CorrespondentOctober 19, 2021 by IFM CorrespondentOctober 19, 2021 The GDP growth was earlier forecasted to grow by 5.2% this quarter... Read more
EconomyFeaturedEconomic gap widens between oil exporters and importers in ME as oil prices reboundIFM CorrespondentOctober 15, 2021 by IFM CorrespondentOctober 15, 2021 The region is expected to grow by 2.3% in 2021 and 4.3% in 2022... Read more
EconomyFeaturedSaudi Arabia to attract FDI worth SAR388 bn annually under National Investment StrategyIFM CorrespondentOctober 12, 2021October 12, 2021 by IFM CorrespondentOctober 12, 2021October 12, 2021 The annual domestic investment is expected to increase to SAR1.7 tn by 2030... Read more
EconomyFeaturedIndonesian parliament decides to increase VAT next yearIFM CorrespondentOctober 7, 2021October 7, 2021 by IFM CorrespondentOctober 7, 2021October 7, 2021 The new tax overhaul bill could lead to a new carbon tax and cancellation of a planned corporate tax cut... Read more