EconomyFeaturedGCC economies to grow by 2.2% this year: World BankWebAdminAugust 6, 2021 by WebAdminAugust 6, 2021 In 2020, the GCC countries saw a GDP contraction of 4.8% due to Covid-19 pandemic and lower oil prices... Read more
EconomyFeaturedIMF announces largest SDR in history of $650 bnWebAdminAugust 4, 2021 by WebAdminAugust 4, 2021 IMF announced a massive funding of $650 mn to help member countries fight Covid-19... Read more
EconomyFeaturedSaudi Arabia ranks first in the MSCI Emerging Market IndexWebAdminJuly 27, 2021July 27, 2021 by WebAdminJuly 27, 2021July 27, 2021 Out of the 25 countries, Turkey turned out to be the worst performer in the emerging market... Read more
EconomyFeaturedWorld economy loses $15 tn due to Covid-19: IMFWebAdminJuly 22, 2021July 22, 2021 by WebAdminJuly 22, 2021July 22, 2021 IMF stated that it could take years to recover from the Covid-19 crisis if reforms are not implemented... Read more
EconomyFeaturedUK to warn EU it may deviate from Brexit deal over Northern IrelandWebAdminJuly 20, 2021 by WebAdminJuly 20, 2021 David Frost may announce a significant change in protocol that may affect the already strained relationship between the EU and the UK... Read more
EconomyFeaturedUAE-Bahrain trade leaps 75% to reach $672 mn in Q2 2021WebAdminJuly 19, 2021 by WebAdminJuly 19, 2021 The trade between the GCC and Bahrain reached a total value of $1.69 bn in Q2 2021... Read more
EconomyFeaturedSingapore economy grows by 14.3% in Q2 2021WebAdminJuly 14, 2021 by WebAdminJuly 14, 2021 The country recorded the strongest economic growth in 11 years in the second quarter of 2021... Read more
EconomyFeaturedBritain obliged to pay €47.5 bn as part of its post-Brexit arrangements: EUWebAdminJuly 9, 2021 by WebAdminJuly 9, 2021 The UK treasury insists settlement remains within its previous central range of £35 bn- £39 bn... Read more
EconomyFeaturedOman’s GDP is projected to grow by 2.5%: IMFWebAdminJuly 7, 2021July 8, 2021 by WebAdminJuly 7, 2021July 8, 2021 The International Monetary Fund said the Sultanate’s overall GDP is projected to grow around 2.5% in 2021... Read more
EconomyFeaturedKenya secures $130 mn from World Bank to fight Covid-19WebAdminJune 30, 2021 by WebAdminJune 30, 2021 This aid will help Kenya to procure more Covid-19 vaccines through the African Vaccine Acquisition Task Team (AVATT) initiative... Read more
