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2016 Global trade forecast revised downward

The World Trade Organization on Thursday, April 7, revised its 2016 global trade forecast downward by more than one percentage point, warning that a...

IMF warns of possible crises in the emerging markets

An exodus of cash from emerging markets in recent years is closely tied to developing economies’ slower growth rates and could end with financial...

Arab region most affected by climate change

Ahmed bin Mohammed Al Jarwan, the Speaker of the Arab Parliament, has said the parliament remains focused on the protection of the environment, which...

The Happiest People in the World in 2016?

March 20 is International Happiness Day, which means everyone will be talking about who the happiest people in the world are. Most will say...

World’s most expensive cities in 2016 revealed

The Economist Intelligence Unit has released its Worldwide Cost of Living Report 2016, ranking the world's most expensive cities. The report is based on the...

India ranks 3 rd in increase in UHNWI population over...

Mumbai and Delhi slated to move up to ranks 14 and 29 respectively by 2025 Knight Frank today released its 10th edition of the Wealth...

Dubai ranks 75th on 2016 Quality of Living Survey

Australian cities have been rated some of the safest in the world in an era of heightened global security issues and social unrest, according...

More than half people worldwide believe there is a recession

More than half (55%) of respondents around the world believed they were in recession in the fourth quarter of 2015, a modest increase from...

A few thoughts on global economic recession 2016

Global economic recession is not just a terminology at which you have glimpsed while browsing social media on your smartphone. It is rather a disturbing...

Cautious Optimism for 2016 Global Economy

Despite significant market turbulence in the beginning of this year, there are reasons to remain cautiously optimistic about the trajectory of the global economy...

Lifting of Sanctions Offers Iran Potential for Growth Surge, Increased Investment

With the lifting of international economic sanctions on Iran, the country’s economy is forecast to grow by at least 5% in 2016 and has...

IMF cuts global growth forecast

The International Monetary Fund once again cut its outlook for the global economy, warning Tuesday that economic turmoil in China and financial contagion throughout...

Top global risks for doing business in 2016

Global risks don’t know borders and their impact on different stakeholders is still far from understood. Businesses are particularly vulnerable as internationalization increases their...

Global Risks in 2016: More Walls, More Warming, Less Water

From the environment to international security and the coming Fourth Industrial Revolution, the World Economic Forum’s Global Risks Report 2016 finds risks on the...

Geopolitics, not economics, will top policymakers’ agendas in 2016

PwC economists reveal predictions for 2016 G7 to grow at fastest rate since 2010, led by US and UK Geopolitics (rather than economics) will top policymakers’...

World Bank cuts global economic forecast for 2016

Souring prospects in the world’s largest emerging markets are darkening an already cloudy outlook for the global economy, the World Bank said on Wednesday, as it cut the...

China stocks slump 7%, triggering shortest trading day in its history

A plunge in Chinese stocks and a falling yuan sent financial markets across Asia sharply lower Thursday. Worries intensified about China's economy and whether...

Tax reform in the GCC approaching

Tax reform in the Gulf Cooperation Council (GCC) region is a matter of when, not if, and Saudi Arabia is not immune. The Kingdom,...