Saudi Arabia expands $28 bn fund to support key economic sectors
Although the fund’s special focus is on businesses in the Kingdom, there is some ‘flexibility’ to finance foreign companies...
Category : Economy
BlackRock expects a slow Chinese economy, downgrades global outlook
The asset manager now sees trade and geopolitical frictions as the principal driver of the global economy...
Mexico’s exports to US surge as trade deficit widens to record $9.6 bn
Many attribute the surge in Mexican exports to the US to the US-Mexico-Canada Agreement which replaces NAFTA...
Singapore to be hit hardest by trade war; ICAEW predicts slow GDP growth
Singapore’s GDP growth fell from 3.1 percent last year to 1.9 percent in 2019...
Shenzhen economy weighed by trade war; loses investor interest
Despite steep demand, developers are facing issues related to overcapacity with the vacancy rate nearing a 10 year high...
Morocco’s high-tech city to attract $10 bn investments; create 100,000 jobs
The high-tech city project called Tanger Tech Mohammed VI is expected to cover 7.7 square miles...
DFSA and Smart Dubai in MoU to start smart transformation
The MoU signed by Waleed Saeed Al Awadhi and Wesam Lootah was UAE’s first digitally signed MoU...
UAE, South Africa sign MoU to strengthen bilateral trade and investment
The UAE commits to inject billions of dollars into the South African economy at South Africa- UAE joint forum...
With global risks on the rise, China’s apex bank to support economy
The Chinese central bank also confirmed the use of a new instrument termed as a medium-term lending facility...
Asean summit: Thailand aiming to finalise RCEP this year
If finalised, RCEP will become the world’s largest FTA covering one-third of the world’ s population or 3.56 billion people....