Browsing: global economy

MENA Newswire, ABU DHABI: UAE President Sheikh Mohamed bin Zayed Al Nahyan received Kristalina Georgieva, Managing Director of the International Monetary Fund, at Qasr Al Shati in Abu Dhabi on Monday, as the two sides discussed areas of cooperation and

MENA Newswire, DAVOS: The European Union and India are nearing completion of a wide-ranging free trade agreement that European Commission President Ursula von der Leyen said would create a combined market of about 2 billion people and nearly a quarter

NEW YORK: The global economy is experiencing a period of subdued economic performance marked by weak momentum and limited expansion, according to the latest assessment by the United Nations. The organisation said current conditions reflect an environment in which economic

Mena Newswire, NEW DELHI: The United Nations has projected that India’s economic growth will moderate to 6.6 percent in 2026, easing from an estimated 7.4 percent in 2025, as higher trade tariffs imposed by the United States weigh on global

CryptoWire, LONDON: Global financial markets are navigating renewed turbulence after warnings of a potential $17.3 trillion oil price shock that could reverberate across energy, currency, and digital asset sectors. The alert follows heightened geopolitical tension in South America, where the

ABU DHABI, December 18, 2025: The United Arab Emirates strengthened its position in 2025 as one of the world’s fastest-growing economies, driven by broad-based expansion in non-oil sectors, rising trade volumes, and sustained investment inflows. Official data and global economic

RIYADH, Saudi Arabia, November 12, 2025: The United Nations World Tourism Organization (UNWTO) concluded its 26th General Assembly in Riyadh, marking its 50th anniversary and establishing an Artificial Intelligence (AI) agenda designed to accelerate digital transformation across the global tourism

NEW DELHI, October 25, 2025: The International Monetary Fund (IMF) has projected that India’s economy will grow by 6.6 percent in the fiscal year 2025-26, outpacing China’s 4.8 percent, according to the Fund’s latest World Economic Outlook report released on

South Korea’s economy expanded by 2 percent in 2024, according to preliminary data released Wednesday by the Bank of Korea (BOK). The growth rate aligns with the central bank’s earlier estimate from January and marks an improvement from the 1.4

The World Bank has reaffirmed its confidence in India’s economic potential, emphasizing that the country remains a key investment destination despite minor fluctuations in its growth trajectory. Speaking at the Advantage Assam 2.0 Business Summit, World Bank Country Director Auguste