Iran effect looms on Toyota as automaker records sales slump
Despite weathering the Iran war better than its global peers, Toyota still witnessed more than 90% export slump in the Middle East...
Tag : Middle East Conflict
United Nations revises forecast for global economic growth
As per the United Nations, a surge in energy prices has intensified cost pressures for households and businesses...
China witnesses growth loss due to Iran war disruptions
China's factory output grew 4.1% from a year earlier (slowest growth since July 2023), compared with a 5.7% rise in March...
Egypt raises USD 1 billion in dollar-denominated social bond sale
The eight-year bonds received subscription orders exceeding USD 3.9 billion, reducing the annual yield to 7.6% from 8% due to strong demand...
Islamic finance to witness growth slowdown in 2026, says S&P Global
As per the S&P Global, the Islamic finance industry is undergoing a high degree of unpredictability regarding the duration and scope of the Iran war...
Islamic syndicated financing rises amid Iran war, says Fitch
As per Fitch, Islamic syndications now make up half of all the syndication issuance in the Gulf region...
Jordan to access USD 200 million as it reaches agreement with IMF
IMF mission chief Cesar Serra lauded the Jordanian government's commitment to reducing public debt to 80% of GDP by 2028...
Despite 0.5% growth, twin reports anticipate recession for UK economy
As per Deloitte, confidence among chief financial officers dropped to a net -57% in late March, down from -13% in the previous quarter...
USD 50 billion loss in 50 days: Iran war upends oil and gas flow
Gulf countries lost about eight million barrels per day of crude production in March, nearly equivalent to the combined production of Exxon Mobil and Chevron...
IF Insights: War in Middle East likely to accelerate Asia’s renewable energy revolution
The ongoing Middle East conflict and the resultant energy shock will force Asia to relook at renewables, to future-proof its economic outlook...