ADB cuts Asia Pacific 2026 growth forecast to 4.9%
MANILA, PHILIPPINES / MENA Newswire / – The Asian Development Bank cut its 2026 growth forecast for developing Asia and the Pacific to 4.9%. The...
Tag : economic growth
UAE and Egypt presidents discuss ties at G7 summit
ÉVIAN-LES-BAINS, FRANCE / EuroWire / – UAE President Sheikh Mohamed bin Zayed Al Nahyan met Egyptian President Abdel Fattah El-Sisi on Wednesday on the sidelines of the G7 Summit...
UAE economy extends global rise on strong 2026 data
ABU DHABI: The United Arab Emirates entered 2026 with a strong run of official economic data showing broad-based expansion across non-oil activity, trade, banking and investment,...
Vietnam exports jump 19.1% in first quarter of 2026
HANOI: Vietnam’s exports rose 19.1% from a year earlier in the first quarter of 2026 to $122.93 billion, according to official data released on April 4, extending a...
Botswana downgrade adds pressure to diamond economy
GABORONE: Botswana is facing renewed pressure on its diamond-driven economy after S&P Global Ratings lowered the country’s long-term sovereign rating to BBB- from BBB and its short-term...
Russia’s economy grows by 4.2% in first eight months of 2024
Russia's GDP grew by 4.2% in the first eight months of 2024, driven by expanding international trade and stronger economic partnerships with 'friendly' nations....
Vietnam’s food and beverage market to see strong growth in 2024
Vietnam’s food and beverage sector is expected to reach $29.8 billion in revenue by 2024, with a 10.92% growth, driven by increasing consumer confidence and...
UAE airports handle over 71.7 million passengers in the first half of 2024
UAE airports saw a 14.2% increase in passenger traffic in H1 2024, handling over 71.7 million passengers, marking a strong recovery for the aviation sector...
Oxford Economics forecasts 4.8% growth for UAE economy by 2025
UAE’s economy will expand by 4.8% by 2025, according to Oxford Economics, driven by growth in the non-oil sector, including tourism, real estate, and foreign...
India to surpass US as second largest world economy by 2075, predicts Goldman Sachs
In a groundbreaking report published on Monday, Goldman Sachs predicts that India is poised to surpass not only Japan and Germany but also the United...