EconomyFeaturedIF Insights: Can governments cut public spending to fight inflation?IFM CorrespondentJuly 6, 2023October 10, 2023 by IFM CorrespondentJuly 6, 2023October 10, 2023 Demand-pull inflation arises when aggregate demand outpaces the supply of goods and services, increasing prices... Read more
EconomyFeaturedMacroeconomyIMF predicts slow growth for MENA economiesIFM CorrespondentApril 25, 2023November 6, 2023 by IFM CorrespondentApril 25, 2023November 6, 2023 Italian Foreign Minister Antonio Tajani said that his country wants the IMF to start disbursing a loan to Tunisia without conditions... Read more
EconomyFeaturedGCC economies poised to grow 2.6% in 2021: World BankIFM CorrespondentDecember 3, 2021 by IFM CorrespondentDecember 3, 2021 The report mentioned that the growth will continue in 2022... Read more
EconomyFeaturedEgypt expects economic growth of 5.6% in 2021-2022IFM CorrespondentNovember 24, 2021 by IFM CorrespondentNovember 24, 2021 Egypt’s GDP grew by 3.3% in the last fiscal year... Read more
EconomyFeaturedGCC economy first-quarter net profit reaches $40 bnWebAdminJune 4, 2021June 7, 2021 by WebAdminJune 4, 2021June 7, 2021 The earning during this quarter grew by 4.4%, as compared to 2019... Read more
EconomyFeaturedUAE economy to grow 2.5% in 2020: IMFInternational FinanceJanuary 24, 2020March 18, 2020 by International FinanceJanuary 24, 2020March 18, 2020 The UAE economy’s projected growth will be driven by the energy sector, World Expo 2020 and bold reforms... Read more
Event NewsStartups and SMEs will be drivers of economic growth in the coming yearsInternational Finance DeskJanuary 25, 2019 by International Finance DeskJanuary 25, 2019 This will promote job generation which will contribute largely to an increase in consumption and spending of low-income people... Read more
In the NewsFear of bankruptcy hangs over Pakistan on its independence dayInternational Finance DeskAugust 15, 2018 by International Finance DeskAugust 15, 2018 The State Bank of Pakistan has only about $10 bn of foreign exchange reserves left... Read more