Browsing: economic growth

– On September 22, a meeting organized by U.S. President Donald Trump took place in New York, involving Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan, who serves as UAE Deputy Prime Minister. The gathering gathered high-ranking officials and leaders

– According to a recent report by Triodos Bank, the intense summer heat and ongoing drought conditions across Europe could potentially reduce the European Union’s economic output by approximately 1% in 2026. This estimated decline, close to €180 billion, is

DAR ES SALAAM, Tanzania, Aug. 6, 2026 /PRNewswire/ — UnionPay International and Pesapal have announced a strategic partnership to expand UnionPay card acceptance across Pesapal’s Point-of-Sale (POS) merchant network. Launching initially in Tanzania followed by Rwanda, this collaboration significantly enhances

– The latest official national economic figures released on Friday verify that the Canadian economy expanded by 0.3 per cent in May, marking the continuation of an ongoing recovery for a second month in a row and surpassing earlier government

The Asian Development Bank cut its 2026 growth forecast for developing Asia and the Pacific to 4.9%. The bank cited prolonged global energy disruption and softer demand in parts of the region. The projection stands below the 5.1% estimate issued

UAE President Sheikh Mohamed bin Zayed Al Nahyan met Egyptian President Abdel Fattah El-Sisi on Wednesday on the sidelines of the G7 Summit in Évian-les-Bains, France. The talks focused on UAE-Egypt relations, regional stability and international cooperation. The meeting took

South Korea’s economy expanded 1.8% in the first quarter of 2026 from the previous quarter, revised data from the Bank of Korea showed. The reading topped the earlier estimate of 1.7%. Gross domestic product also rose 3.8% from a year

Japan’s economy expanded for a second consecutive quarter in the January to March period, with inflation-adjusted gross domestic product rising an annualized 2.1 percent, according to preliminary government data released Tuesday. The result showed continued growth in the world’s fourth-largest

ABU DHABI: The United Arab Emirates entered 2026 with a strong run of official economic data showing broad-based expansion across non-oil activity, trade, banking and investment, reinforcing its position as one of the region’s fastest-growing economies. Releases published in the

HANOI: Vietnam’s exports rose 19.1% from a year earlier in the first quarter of 2026 to $122.93 billion, according to official data released on April 4, extending a strong start to the year for one of Southeast Asia’s most trade-dependent