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Economic survey comprehensive analysis of India’s growth track

31 Jan 2023

Prime Minister Narendra Modi on Tuesday described the economic survey as a comprehensive analysis of India’s growth trajectory. “The economic survey presents a comprehensive analysis of India’s growth trajectory including...

Sri Lanka economy could shrink again

29 Jan 2023

Sri Lanka’s economy could contract by -3.5 per cent or -4.0 per cent in 2023 after shrinking -11 per cent last year, President Ranil Wickremesinghe said. “From 2024, we will...

US economy records strong growth in Q4, but with underlying weakness

27 Jan 2023

The US economy grew faster than expected in the fourth quarter, but that likely exaggerates the nation’s health as a measure of domestic demand rose at its slowest pace in...

Middle East economy buoyed by higher oil prices and strong economic growth

20 Jan 2023

The Middle East is enjoying an important period of political and economic stability with the regional economy buoyed by high oil prices and economic growth, Majid Jafar, CEO of Sharjah-based...

Adnoc Distribution to reduce carbon intensity by 25% by 2030

20 Jan 2023

Adnoc Distribution announced plans to reduce its carbon intensity by 25 per cent by 2030. This will be implemented by putting sustainability at the core of its day-to-day operations to...

Adnoc allocates $15 billion to low- carbon solutions, new energies

05 Jan 2023

Adnoc, a reliable and responsible provider of lower-carbon intensity energy, on Thursday announced a bold new strategy to progress the world-scale decarbonisation of its operations. The announcement follows the guidance...

Global economy faces tougher year in 2023, Georgieva warns

02 Jan 2023

For much of the global economy, 2023 is going to be a tough year as the main engines of global growth - the United States, Europe and China - all...

Saudi’s non-oil activity growth strengthens to over 7-year high

24 Dec 2022

The Saudi Arabia PMI from Riyad Bank pointed to another robust improvement in business conditions across the non-oil economy in November, underscored by a sharp expansion in business activity that...

OPEC is optimistic about next year

14 Dec 2022

The Organisation of Petroleum Exporting Countries (OPEC) has kept to its earlier targets of 2.25 million barrels per day in 2023, a dip from its 2022 figure of 2.55 million...

Europe shifts focus to avoiding energy shortage

13 Dec 2022

The heads of the International Energy Agency and European Union’s executive branch said on Monday that the 27-nation bloc is expected to weather an energy crisis this winter but needs...

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