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    Global economy faces recession as top performers see slowdown

    Global economy faces recession as top performers see slowdown

    10 Jan 2023

    The global economy will come perilously close to a recession this year, led by weaker growth in all the world’s top economies — the United States, Europe and China —...

    China Dec new bank loans rise to $206b, ’22 lending at record high

    China Dec new bank loans rise to $206b, ’22 lending at record high

    10 Jan 2023

    New bank lending in China unexpectedly rose in December from the previous month, central bank data showed on Tuesday, with 2022 setting a record high for lending as the central...

    Sharjah and Colombia discuss ways to boost business relations

    Sharjah and Colombia discuss ways to boost business relations

    10 Jan 2023

    The Sharjah Chamber of Commerce and Industry (SCCI) has discussed economic cooperation and ways to boost business relations with a high-level business delegation from the Arab Colombian Chamber of Commerce....

    Invest in Sharjah reveals agenda for the 6th edition of the SIF 2023

    Invest in Sharjah reveals agenda for the 6th edition of the SIF 2023

    09 Jan 2023

    The Sharjah Foreign Direct Investment (FDI) Office (Invest in Sharjah) revealed the agenda for the 6th edition of the Sharjah Investment Forum (SIF 2023), to be held at Al Jawaher...

    WB to warn ‘adverse shocks’ could push global economy into recession

    WB to warn ‘adverse shocks’ could push global economy into recession

    08 Jan 2023

    The United States, China and Europe — three major world economies — are going through tough times and experiencing a slowdown, says a report. The International Monetary Fund (IMF) chief...

    Arab bourses’ market cap hit $4 trillion by end of 2022

    Arab bourses’ market cap hit $4 trillion by end of 2022

    08 Jan 2023

    The market cap of Arab stock exchanges exceeded $4 trillion by the end of 2022, according to the Arab Monetary Fund (AMF). In a press statement, the Arab Monetary Fund...

    Chinese consumers are gearing up to go out and spend again

    Chinese consumers are gearing up to go out and spend again

    08 Jan 2023

    After three years of dealing with some of the world’s toughest COVID-19 curbs, there are early signs that Chinese consumers are gearing up to go out and spend again, particularly...

    Dubai real estate market on solid track as transactions hit Dhs10b

    Dubai real estate market on solid track as transactions hit Dhs10b

    06 Jan 2023

    Gulf Today, Staff Reporter The real estate and properties transactions valued at Dhs10 billion in total during the week. The sum of transactions was 2,702.  270 plots were sold for...

    Japan’s Nov real wages fall most in 8 years, defying BOJ objective

    Japan’s Nov real wages fall most in 8 years, defying BOJ objective

    06 Jan 2023

    Japan reported on Friday its worst real-wage decline in more than eight years, with November data highlighting the elusiveness of the central bank’s objective of reinforcing inflation and the economy...

    China, Philippines agree to boost trade, handle disputes peacefully

    China, Philippines agree to boost trade, handle disputes peacefully

    05 Jan 2023

    China and the Philippines have agreed to set up a direct communications channel between their foreign ministries on the South China Sea to handle disputes peacefully, they said on Thursday....

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