Dignitaries pose for a group photo after a press conference to present the organisation’s updated global economic outlook in Paris, France, on Wednesday. AFP
Economic growth in the eurozone jumped sharply in February as coronavirus restrictions were eased, a key survey showed on Monday. Growth accelerated to a five-month high, IHS Markit said in its closely watched monthly
The IMF has predicted a growth rate of 4.2 per cent in 2022. Statistics however, will not tell the real underlying stories of the economic pains in every country in the world. The agony and poverty suffered by ordinary citizens, cannot be
By category, production of machine tools were up 27.6 per cent on the month, intermediate goods stagnated at 0.1 per cent and consumer goods were up slightly at 1.4 per cent, the Destatis official statistics agency said.
The contraction, triggered by one of Europe's strictest coronavirus lockdowns, was worse than the 16.6% expected by analysts. It came after a 5.2% drop in the first quarter, dragging Spain into its steepest recession ever, at a record pace.
The UAE economy is forecast to grow 3 per cent in 2023 and 4 per cent in 2024, driven by the non-oil sector, which is expected to benefit from strong growth in tourism,
This important accomplishment has been fulfilled under the directives of His Highness Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council, and the supervision of His Highness Sheikh Maktoum bin Mohammed Bin Rashid Al Maktoum, Deputy Ruler of Dubai and Deputy Prime Minister and Minister of Finance of the UAE.
The global online trading platform market is projected to grow from $9.32 billion in 2022 to $12.16 billion in 2028, at a CAGR of 5.1%. The Middle East