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World Economic Outlook 2022: Global Growth Downgraded

Global growth prospects have worsened significantly due to the combined effects of inflation, the war in Ukraine, and the lingering pandemic, the IMF announced...

Fiscal Monitor Report: Food and Energy Crisis

Countries are facing tough choices when dealing with the impact of rising inflation, lingering pandemic, and historically high debt levels, the IMF said in...

IMF Global Financial Stability Report October 2021 Forecast

The IMF is warning in its latest Global Financial Stability Report that Covid-19’s lingeringimpact is fading optimism among investors, which could lead to financial...
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GCC Economic Recovery Uneven across Different Industries

“The IMF report predicts real GDP growth in MENA to pick up to 4% this year, which is significant improvement on the 3.2% it...

IMF: Global Financial Stability Report April 2021 Forecast

The global economy is finally emerging from the worst phases of the COVID-19 pandemic, although with prospects diverging starkly across regions and countries, the...

Baby & Me Organic Products Come to UAE

Middle East region witnessed significant rise due to increased demand for organic products Global infant formula market valued to reach USD 103.75 billion...

World’s Biggest Economies in 2018

The United States has the largest economy in the world at $20.4 trillion, according to data from the International Monetary Fund (IMF), which shows the US...

IMF Forecasts UAE Growth To Triple In 2018

The International Monetary Fund expects the United Arab Emirates’ economic growth to nearly triple next year as the country’s capital Abu Dhabi, benefits from...

IMF Sees Limited Impact of VAT on UAE Economic Growth

On July 7, 2017, the Executive Board of the International Monetary Fund (IMF) concluded its latest assessment of United Arab Emirates economic outlook. Economic performance...

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...

IMF revised further global growth forecast

Global growth is projected to slow to 3.1 percent in 2016 before recovering to 3.4 percent in 2017, according to the International Monetary Fund's...

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...

UAE economy projected to grow by 2.3% in 2016; Inflation set...

The Ministry of Finance (MoF) has reviewed the International Monetary Fund’s (IMF) Article IV Mission to the United Arab Emirates report, which evaluates the...

Women need ‘skin as thick as a crocodile’ to make it...

How do you make it in a man’s world? If women want to succeed, they need to be thick-skinned – aggressively determined and impervious to...

IMF revises GCC countries’ GDP growth forecast to 1.8%

The International Monetary Fund revised once again its projection about the economic growth in the GCC countries. The latest estimate for 2016 has been...

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...

IMF Forecasts Slow Growth in Developing Nations

The International Monetary Fund warned on Tuesday about persistently slow growth in developing economies. These countries will not soon regain the high rates of...

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...