UAE central bank expects recovery of economic activities in H2
It also expects the stimulus packages announced by the government to have high impact...
Category : Economy
Thailand’s economy to contract by 8.9% in 2020: Experts
Productivity, confidence and consumer spending will remain low in the period ahead...
UAE’s economy to contract by 4.5% in 2020: World Bank
Economy to recover and grow by 1.4% next year...
ECB announces new pandemic stimulus worth $676 bn to fight Covid-19
This takes the total pandemic stimulus to $1.52 trn...
GCC nations to face the worst economic crisis in history, warns IIF
GDP of GCC nations to contract 4.4% this year...
UK does not seek trade talk extension despite EU offer
Recently, the EU said it is open to delaying the end of the post-Brexit transition phase by up to two years...
Saudi Arabia grants 348 licences in Q12020 to foreign investors
This is a 19% increase when compared to the same quarter in 2019...
Hong Kong’s unemployment rate highest in over a decade at 5.2%
The underemployment rate hit 3.1%, the highest in more than 15 years...
UK to witness a £300bn budget deficit in the current financial year
Government borrowing is equivalent to more than 15% of economic output...
Philippines’ economy shrinks for the first time in two decades
Its GDP declined by 0.2% in the first quarter of 2020...