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...
Tag : GDP
Saudi Arabia’s nominal GDP rises 6.3% in Q1 2026, finds report
Inflationary conditions within the Saudi economy remained stable, with the Consumer Price Index (CPI) remaining at 1.7% in April 2026...
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...
South Africa to meet fiscal targets despite Iran war, says government
National Treasury Director-General Duncan Pieterse said there have been significant improvements in debt management and fiscal discipline...
Oman ends FY 2025 with stable growth, non-oil GDP hits USD 74.6 billion
Oman's inflation remained contained at an average of 1.69% during January-February 2025/2026, indicating stable price levels that supported household consumption and business planning...
British SMEs may turn back on apprenticeships: Enginuity’s survey
The importance of SMEs is often hugely underestimated, making up more than 99% of all businesses in the UK and more than 95% of the manufacturing and engineering sector...
Vision 2030: Saudi Arabia nears tourism target as visitor numbers hit 122 million
In 2024, Saudi Arabia welcomed 116 million tourists, exceeding its annual visitor target for the second consecutive year, according to the Ministry of Tourism’s statistical report released in June 2025...
Egypt’s non-oil activities witness strongest growth since October 2020
The Egyptian non-oil private sector registered its best upturn in business conditions in over five years in November, which hints at a strong end to 2025...
Averting the global debt crisis
According to the IMF, about 60% of low-income countries are now either in debt distress or at high risk of debt distress...
Troubling times ahead for Tunisia
As Tunisia nears a repayment milestone of several years, the debt service burden will only escalate...