• Middle East and Africa smartphone shipments surge 30% YoY in Q4 2023

    Dubai, Riyadh - Smartphone shipments in the Middle East and Africa (MEA) region witnessed a remarkable surge, growing by 30% year-over-year (YoY) and 9% quarter-over-quarter (QoQ) in the final quarter of 2023, according to Counterpoint’s Market Monitor Service.  The MEA region demonstrated the highest YoY growth globally during this period,...

  • US expects deficit to drop to $1 trillion in 2022

    The US government deficit will fall dramatically this year to $1 trillion, down from levels not seen since World War II hit during the pandemic, the Congressional Budget Office said Thursday.The budget shortfall in the current fiscal year will shrink significantly from the prior year, when it reached nearly $2.8...