Gold climbed to a new record Tuesday as investors sought out safe havens, while Japan's Nikkei and the Hang Seng...
Dubai, UAE -- The United Arab Emirates has continued to attract global companies looking to establish regional or global headquarters....
Marrakesh, Morocco – Africa’s total exports will reach $952 billion by 2035 and the African Continental Free Trade Area (AfCFTA),...Rising regional trade levels and greater connectivity will unlock high‑growth corridors across Africa and beyond, the Stanchart report says
The East Africa-South Asia corridor is expected to emerge as the fastest-growing major corridor, at 7.1 per cent per annum through to 2035, the report adds
Activists from developing nations belonging to a group called People's Alternative Global Tribunal organized themselves in the Moroccan city as...They blamed both the institutions for pursuing an economic model that favours political and financial elites
The International Monetary Fund and World Bank are holding their first annual meeting in Africa in half a century
Washington, United States - US wholesale prices rose more than expected in September, government data showed Thursday, as energy prices continued...The producer price index (PPI) rose by 0.5 percent last month, building on August's 0.7 percent increase, according to data from the Labor Department.
The US Federal Reserve has raised its key lending rate 11 times in the last 18 months to a 22-year high as it looks to bring down consumer inflation.
Marrakech, Morocco-- The International Monetary Fund on Tuesday cut its growth forecasts for China and the euro zone and said...The IMF left its forecast for global real GDP growth in 2023 unchanged at 3.0% but cut its 2024 forecast to 2.9% from its July forecast of 3.0%.
Its research revealed a 10% rise in oil prices would dampen global output by about 0.2% in the following year and boost global inflation by about 0.4%
According to the United States Geological Survey, the quake occurred at a shallow depth at around 05:10 am local time...So far there have been no immediate reports of new casualties after Wednesday's quake
Most homes in rural Afghanistan are made of mud and built around wooden support poles
Dubai, UAE--The UAE will sign six new comprehensive economic partnership agreements (CEPA) with South Korea, Thailand, Chile, Costa Rica, Colombia,...The minister made the remarks about the new CEPA agreements during a press conference to announce the UAE-Georgia CEPA
He added that agreements will be signed with South Korea, Thailand, Chile, Costa Rica, Colombia, and Ukraine in the next few months
Tourism and entertainment sectors are likely to help Saudi Arabia's non-oil GDP grow robustly in the coming years, despite a...Tourism and entertainment sectors are likely to help Saudi Arabia's non-oil GDP grow robustly in the coming years, despite a 6.5% drop in oil production, says a report
The World Bank, meanwhile, revises the Kingdom's growth forecast, highlighting challenges in the broader MENA region due to global financial conditions and inflation
- "The country's experience in securing the FIFA World Cup Qatar 2022 was noteworthy. The nation's success in this significant challenge...
The third Arab Tourism Security Forum focuses on green tourism, governance, and digital transformation
Arab tourism sector recovers post-pandemic with a 15% increase in inbound tourism, highlight experts
- Benguerir, Morocco - US Treasury Secretary Janet Yellen said on Tuesday she backed efforts to boost the lending firepower of the...
Yellen said the World Bank's board of governors will endorse at this week's meetings in Marrakesh a new vision to "end poverty on a livable planet"
"It has become common sense that addressing climate change and other global challenges is key to achieving development," she said
- RIYADH, SAUDI ARABIA - The first wind turbines have arrived at what Saudi officials bill as the world's biggest green hydrogen...
Around 30 turbines are expected to be delivered by the end of the year along with the project's first solar panels.
The $8.4 billion NEOM green hydrogen plant is expected to reach full production by the end of 2026.
