Middle East conflict: World Bank chief Ajay Banga sees massive global growth hit
World Bank chief Ajay Banga said that the economic fallout from the Middle East conflict is already feeding into weaker…
Category: Economy
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…
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…
Tariff fickleness tearing up global economic order tailor-made for US companies: Dr Conor O’Kane
The US tariff policy is undermining both domestic investment and FDI, as firms are hesitant to commit capital in an…
As Egypt targets 5.4% GDP expansion, free zones emerge as key growth engines
According to the latest government data, Egypt currently has 231 public and private free zones that are either operational or…
Australian households struggle to afford everyday purchases: Dr John Hawkins
As evidenced by its being the dominant concern in opinion polls, cost-of-living pressures are weighing heavily on many Australian households…
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…
Amid geopolitical volatilities, Jordan’s tourism sector sees 7% revenue jump
Jordan’s tourism sector has exceeded its 2024 targets for visitor numbers and revenue under the country’s Economic Modernisation Vision In…
Qatar, Uruguay sign pacts on investment, tax fronts to deepen economic ties
Qatar hopes the deal will deepen bilateral relations and advance mutual interests Qatar has two signed economic deals aimed at…
Thailand’s economy shows progress but needs reform: OECD
Extreme weather events, such as floods and droughts, cause significant damage to Thailand’s economy and communities According to the OECD’s…