Saudi Arabia’s inflation rate increases in April to 5.3%
The increase is primarily due to the rise in food and transport prices...
Category : Economy
Qatar’s GDP to grow by 3.2% in 2021: IIF
Experts predict the GDP of the country to show a modest growth of 3.2% which will be supported by the strengthening of oil and gas prices...
China’s factory activity records a slower growth in April 2021
The industrial output recorded a 9.8 % increase in April, which is slower than March 14.1 percent increase...
UK economy contracts 1.5% in the first quarter of 2021
Surprisingly, the economy grew by 2.1% in March...
Saudi Arabia’s economy contracts by 3.3% in Q1
The overall GDP was further affected by a 12% decline in ongoing crude oil production cuts...
COVID-19 vaccination programme to spur economic boost: BOJ
Japan is yet to decide whether it wants to extend its state of emergency...
Japan’s parliament approves the world’s largest free trade deal
RCEP will boost Japan’s GDP by 2.7% and create around 570,000 jobs...
Sub-Saharan Africa’s economy expected to grow by 3.4% in 2021: IMF
The economy contracted 1.9% in 2020...
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%...