Despite Germany’s improving business confidence, analysts urge caution
Ifo Institute's Business Climate Index climbed to 86.6 in July, up from a slightly revised 85.7 in June, signalling growing optimism from German businesses...
Category : Macroeconomy
Saudi economy stays resilient amid Iran war, retains top Fitch ratings
As per the Fitch, Saudi to grow 0.6% in 2026, reflecting trade disruptions due to the Hormuz tensions, before rebounding in 2027...
Mixed performance by Saudi on FDI front as net inflows decline in Q1 2026
There was a positive growth in total FDI inflows into the Saudi economy during the first quarter of 2026, as the tally rose to SR26.6 billion...
Oman posts USD 31.5 million budget deficit in 2025, says report
As per the ministry, the deficit was 26% lower than the budgeted deficit of OMR 620 million (USD 1.61 billion), primarily due to higher energy revenues...
Iran war: World Bank cuts global growth outlook to 2.5%
As per the World Bank, growth could slow to just 1.3% if energy supply disruptions prove more severe and come with substantial stress in financial markets...
Morocco unseats South Africa as continent’s most industrialised economy
Morocco scored higher than South Africa in most of the ADB's metrics, including the all-important manufacturing sector’s contribution to overall GDP...
Post PM’s sacking, focus returns on Senegal-IMF debt talks
President Bassirou Diomaye Faye has named Ahmadou Al Aminou Lo, a seasoned economist, to replace the populist Ousmane Sonko...
United Nations revises forecast for global economic growth
As per the United Nations, a surge in energy prices has intensified cost pressures for households and businesses...
Trouble for Ramaphosa administration as South Africa sees rising unemployment
About a third of South Africa’s labour force is without a job, and things may get worse as the economic outlook sours due to the Iran war...
Spain bucks Eurozone trend with solid 2.2% economic growth forecast for 2026
Driven by a resilient services sector and falling unemployment, Spain maintains a strong economic outlook even as neighbouring European nations face stagnation...