UAE most competitive economy in Mena region, according to World Bank and WEF
Both World Bank and World Economic Forum reports state that UAE’s economy is resilient to shock...
Tag : economy
China’s July exports to accelerate as US prepares new tariffs
Its surplus with US will shrink marginally but $28.09 bn figure still remains near record highs...
Sterling falls against dollar and euro amid fears of no-deal Brexit
Pound goes weaker as markets factor in chance of chaotic exit from EU...
Iran central bank forex chief arrested ahead of US sanctions
Ahmad Araghchi, who was a vice-governor at the bank in charge of forex, was arrested along with several other unnamed individuals, according to state broadcaster IRIB...
Lebanon makes a splash by issuing region’s first green bond
Green bond financing has been gaining popularity among many countries, keeping sustainable energy development at the core of business. Lebanon’s Fransabank is the first in the country and the Levant region to issue a green bond for US$60mn, showing the bank’s keenness to develop the green market...
Trading places: How to boost post-Brexit Britain
Has Brexit offered UK the opportunity to move towards trade and away from consumer spending? Hetal Mehta weighs in...
Emerging by name, emerged by nature
Emerging market assets appears to have become more mature and resilient, as aggregate fundamentals of emerging market countries continue to improve despite political uncertainty, finds William Miners...
Iran locked out again – What happens to trading favourites in Europe?
Iran faces economic sanctions again, but it has managed to forge multi-million dollar trade deals with many European and Asian nations. It is OPEC’s third largest oil producer, and has a treasure trove of minerals and natural resources, but with Trump’ administration coming down hard on Iran, what happens next?...
Australia’s banking inquiry: A crucible for change?
A series of embarrassing failures that have reflected poorly on Australia’s financial industry compels one to consider the need for an independent, professional body with strict standards and codes of conduct, writes banking professional Peter Pontikis...
Deflation in the UK deepens amidst challenging market conditions
"Overall shop prices fell again in May as the impact of the pound's fall following the EU referendum reduces," said Helen Dickinson OBE, Chief Executive, British Retail Consortium...