Economy FeaturedJapan’s GDP contracts first time in six years due to sales tax hikeInternational FinanceFebruary 18, 2020March 18, 2020 by International FinanceFebruary 18, 2020March 18, 2020 Japan’s GDP contracted an annualised 6.3 percent during the period from October to December 2019... Read more
Economy FeaturedStudy shows 75% of consumers positive about Dubai economyInternational FinanceJanuary 28, 2020March 18, 2020 by International FinanceJanuary 28, 2020March 18, 2020 Government initiatives coupled with reforms have improved employment and personal finances in the emirate... Read more
Featured TechnologySingapore to digitalise trade, to collaborate with multiple MNCsPritam BordoloiJanuary 23, 2020 by Pritam BordoloiJanuary 23, 2020 The Singaporean government is teaming up with MasterCard, StanChart, DBS Bank and others... Read more
Economy FeaturedOman to introduce 5% VAT in early-2021 to generate additional revenueInternational FinanceJanuary 22, 2020March 18, 2020 by International FinanceJanuary 22, 2020March 18, 2020 The UAE, Bahrain and the Kingdom of Saudi Arabia have already levied VAT as agreed by the six GCC members... Read more
Economy FeaturedSouth Africa to restructure GDP data September onwardsInternational FinanceJanuary 21, 2020March 18, 2020 by International FinanceJanuary 21, 2020March 18, 2020 The start year for calculating GDP will be updated to 2015 from the existing year of 2010... Read more
Economy FeaturedEgypt’s external debt increases 17.47% to $109.363 bn last SeptemberInternational FinanceJanuary 20, 2020March 18, 2020 by International FinanceJanuary 20, 2020March 18, 2020 The World Bank estimates Egypt’s volume of long-debt to be more than $98.3 billion... Read more
Economy FeaturedSingapore sees export rebound with 2.4% increase last DecemberInternational FinanceJanuary 17, 2020March 18, 2020 by International FinanceJanuary 17, 2020March 18, 2020 Pharmaceuticals, specialised machinery and non-monetary gold shipments have fuelled export growth in Singapore... Read more
Economy MagazineDepartment of Finance Ajman: Building an open, competitive economyInternational FinanceJanuary 16, 2020March 18, 2020 by International FinanceJanuary 16, 2020March 18, 2020 The award-winning department is at the forefront of deploying intelligent financial systems in the UAE... Read more
EconomyUAE leads the Gulf in digital economy with 18% of Middle EastInternational FinanceJanuary 9, 2020January 15, 2020 by International FinanceJanuary 9, 2020January 15, 2020 Size of digital economy in the Middle East touched $30 bn in 2018... Read more
EconomyQatar’s budget for 2020 largest in five yearsPritam BordoloiDecember 17, 2019 by Pritam BordoloiDecember 17, 2019 The country plans to spend 1.9% more in 2020 than it did last year... Read more