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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...

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 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...

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...

IMF Raises 2017 Outlook for Global Economic Growth

The International Monetary Fund has raised its outlook for global economic growth, citing a post election surge in confidence in the United States, better...

Global Economy to Expand at Rate of 2.8% in 2017

The global economy is expected to expand at a rate of 2.8 percent in 2017, better than the 2016 rate, but marking a sixth...

ASEAN Market Now More Accessible than European Union, United States

Increased integration into the global economy of the economies that comprise the Association of Southeast Asian Nations (ASEAN) has made the region a more...

Stagnating global economy outlook may turn into a downturn

Last week the International Monetary Fund issued an “urgent” call for the world’s largest economies to roll out more policies to boost growth, painting...

6 Key Risks to Impact Travel Prices, Global Economy in 2017

2017 Global Travel Price Outlook Identifies Key Risks for Global Market Travel Prices Set to Marginally Increase or Remain Flat for 2017; Geopolitical...

A Few Reasons Why Brexit Will Be Reversed

Media spectators hungry for disasters cheered last week when a larger part of Britain's voters opted for Brexit. But they fail to put in...

Brexit Investor Sentiment

British voters have shocked financial markets on Friday by choosing to have the United Kingdom exit the European Union. So far, the "Brexit" vote is...

UAE delegation participates in the spring meeting of IMF and the...

The UAE’s delegation, headed by HE Obaid Humaid Al Tayer, Minister of State for Financial Affairs, took part in the Spring Meeting of the...

Gold on track for biggest monthly gain since 2002

Gold futures advanced on Monday as continued skittishness around stocks fostered demand for the precious metal, which is once again viewed as a haven...

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...

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...

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...