News World

World

World News: Business, Finance, Market Data, Companies, Technology, Entrepreneurs

Global Economy Set to Grow 3.2 Percent in 2018

The global economy will expand 3.2 percent in 2018, matching the rate of growth achieved in 2017 and marking the first time since 2011...

GCC Economic Growth Expected to Reach 2.5% in 2018

The Gulf Cooperation Council (GCC) region’s economy will grow near 2.5 percent in 2018, according to new forecasts from Moody’s Analytics, a leading provider...

Middle East Faces Significant Challenges to International Business

67% believe administrative processes of other countries are a barrier to opportunities  75% feel limited by the opportunities within the region at least...

Saudi Economic Transformation ‘Unstoppable’ Says BofA

Saudi Arabia’s economic transformation will be “unstoppable” and there has already been a positive shift in the Kingdom’s business culture, according to a top...

Business Confidence in Middle East Continues to Fall

Global economic confidence has improved slightly this quarter, despite lagging confidence in the Middle East and the Americas. According to the latest Global Economic Conditions...

World’s Most Attractive Cities in 2017

London, New York, and Tokyo were again named as the most attractive cities in the Global Power City Index (GPCI) 2017 report published today...

World Day for Decent Work: Pay People a Decent Wage

This year marks the 10th World Day for Decent Work on October 7. A day when working people and their unions, backed by community...

Arabian Gulf Could Experience Deadly Heat

Within this century, parts of the Arabian Gulf region could be hit with unprecedented events of deadly heat as a result of climate change,...

Short Term Business Confidence Falls across Middle East

Business confidence across the Middle East has fallen sharply in the last quarter and is now at its lowest level since the second quarter...

Unabated Climate Change To Reverse Development in Asia

Unabated climate change would bring devastating consequences to countries in Asia and the Pacific, which could severely affect their future growth, reverse current development...

GCC GDP on Growth Path despite Oil Price Decline

Regional economies have been on an accelerated growth trajectory for the period 2011-14, which has been mainly fueled by record oil prices with the...

Middle East Climate: Dry for Next 10,000 Years

Stalagmites from Iranian cave foretell grim future for Middle East climate Relief from the current dry spell across the interior of the Middle East is...

Cyprus, Portugal Offer Best Immigration Opportunities in Europe

Europe provides many opportunities for entrepreneurs and investors looking to invest and do business in this progressive economy. Various countries in Europe have their...

Canada Calling! Best and Fastest Immigration Programs

Good news for all those looking to live, work and settle in Canada. The Canadian government is leaving no stones unturned to make reaching...

UAE Passport Ranked Most Powerful in Region, 22nd Globally

The UAE passport ranking advanced in 2017 to the first sport in the Arab world and 22nd globally, according to Global Passport Power Rank...

Introducing BRI and its Impact on the Power Industry

In early May, Chinese leader Xi Jinping welcomed a total of 28 heads of state to Beijing to celebrate the so-called 'belt and road'...

Where Ultra Rich Buy Second Homes in 2017

There are over 552,000 multi-millionaires worldwide, and 87% of them own and continue to buy second homes. The wealth analysts at New World Wealth...

World’s Most Innovative Countries in 2017 Revealed; UAE 35th Globally

Global Innovation Index 2017 Switzerland, Sweden, the Netherlands, the USA and the UK are the world’s most innovative countries, while a group of nations including...