Economy FeaturedWorld economy loses $15 tn due to Covid-19: IMFWebAdminJuly 22, 2021July 22, 2021 by WebAdminJuly 22, 2021July 22, 2021 IMF stated that it could take years to recover from the Covid-19 crisis if reforms are not implemented... Read more
Economy FeaturedOman’s GDP is projected to grow by 2.5%: IMFWebAdminJuly 7, 2021July 8, 2021 by WebAdminJuly 7, 2021July 8, 2021 The International Monetary Fund said the Sultanate’s overall GDP is projected to grow around 2.5% in 2021... Read more
Economy FeaturedGlobal agencies call for $50 bn investments to generate $9 tn in economic returnsWebAdminJune 2, 2021 by WebAdminJune 2, 2021 This call to action comes after the pandemic has reached a dangerous point and such an investment can reduce infection and loss of lives... Read more
Economy FeaturedCOVID-19 vaccination programme to spur economic boost: BOJWebAdminMay 6, 2021 by WebAdminMay 6, 2021 Japan is yet to decide whether it wants to extend its state of emergency... Read more
Economy Feature MagazineGCC establish economic diversification amid Covid-19WebAdminMarch 31, 2021April 8, 2021 by WebAdminMarch 31, 2021April 8, 2021 Oil and gas production continues to represent over 40 percent of GDP in most of the economies... Read more
Economy FeaturedKenya-US to resume talks on a bilateral trade agreementWebAdminMarch 3, 2021 by WebAdminMarch 3, 2021 Talks between the two nations were on hold due to the US Presidential election... Read more
Economy FeaturedGlobal economy to grow by 5.5% in 2021: IMFPritam BordoloiJanuary 27, 2021 by Pritam BordoloiJanuary 27, 2021 The global economy will grow by 4.2% in 2022, the fund further said... Read more
Forex MagazineWhere does China stand with the yuan?WebAdminDecember 15, 2020December 24, 2020 by WebAdminDecember 15, 2020December 24, 2020 Europe has come into China’s focus to grow the renminbi internationally—making it the largest CYR market outside of Hong Kong... Read more
Economy FeaturedIMF is assisting countries mired in debt crisisInternational Finance Business DeskDecember 10, 2020 by International Finance Business DeskDecember 10, 2020 The programme that freezes payments on IMF debt from poor countries is expected to be extended through 2021... Read more
Banking and Finance FeaturedKenya seeks IMF loan worth $2.3 bn to stabilise rising debtInternational Finance Business DeskDecember 8, 2020 by International Finance Business DeskDecember 8, 2020 The country’s fiscal deficit will increase to 8.3% of GDP in the fiscal year to June 2021 from 7.4% in the current fiscal year... Read more