Growth in MENA region to reach 2.2% in 2024: IMF
The IMF report states that these figures have been revised lower than those that were released in April of 2023, which indicated growth of 2.7% in 2024 and 4.2% in 2025...
Tag : GDP
US unemployment claims decrease, easing labour market concerns
In May, the unemployment rate increased to 4.0% for the first time since January 2022...
Talks of ECB rate cut gather further strength as Eurozone inflation remains steady
Closely watched services inflation has eased to 3.7%, after remaining stagnant at 4% since the year's beginning...
IF Insights: Making sense of United States’ ‘economic supremacy’ over Europe
The fact of the matter is United States has already outpaced Europe in terms of GDP and the trend will continue in 2024 too...
IMF predicts robust growth for the UAE economy, driven by oil revenues
Over the medium term, increasing non-oil revenue will be supported by the gradual implementation of a corporate income tax, which started in June 2023...
Understanding the global trade in 2023
With every passing year, global trade grows faster and more robust...
The mystery box called world economy
Economists say, investors and statisticians will get better at understanding the world economy during periods of volatility and inflation...
Saudi’s 2030 PUSH
The crude petroleum and natural gas activities contributed 32.7% to the Saudi economy...
Fall in oil output to slow down Saudi GDP growth in 2023?
The non-oil revenues increased by 9% in Q1 2023 while oil revenues declined by 3%, as per the Saudi government stats...
Qatar GDP growth to slow to 2.3% in 2023 as FIFA effect dies down
The NFE will start to increase revenue streams in 2026, adding to Qatar's already robust fiscal and external net asset positions, which will continue to be a key rating strength...