Saudi Arabia greenlit its 2026 budget Tuesday, projecting a deficit of 165 billion riyals ($44 billion) as the kingdom presses...
- Beijing has struggled to maintain a strong economic recovery from the pandemic, as it fights a debt crisis in its...
The Trump administration’s trade tariffs and withdrawal from the Paris Agreement pose major risks to global economic growth and energy...Trump's trade and geopolitical plans are adding to energy price volatility
Resolving outstanding administrative and infrastructure issues could allow renewables to boom
- Humanity is on a tech-fueled trajectory. Data and informed predictions are inspiring, showing how AI is reshaping economies, smart cities...
The global travel and tourism industry is projected to contribute over $15 trillion annually to the world economy by 2030.
By 2035, 60% of the city traffic and emissions can be reduced thanks to shared autonomous electric vehicles.
Washington, United States -- Mounting trade wars between the United States and its largest economic partners deepened Tuesday as huge...Trump had announced -- and then paused -- blanket 25 percent tariffs on imports from major trading partners Canada and Mexico in February.
The duties will hit over $918 billion in US imports from both countries, and are set to hamper supply chains for key sectors like automobiles and construction materials.
- Pressure from Trump could motivate Beijing to strengthen the kinds of support for the economy seen last year -- interest...
China is grappling with a prolonged property sector crisis and high youth unemployment
China plans to deal with an increasingly unpredictable United States, its largest trading partner
Dubai, UAE -- TRENDS’ yearly Special Issue is out. This year’s edition, titled Future of Humanity, explores key global shifts...The edition delves into transformative themes such as GCC’s leadership in urbanization, smart cities, and logistics, as well as the role of AI in reshaping healthcare and finance.
It also highlights cultural diplomacy, the evolving digital economy, and the power of travel in shaping the human experience.
San Francisco, United States - Microsoft on Friday announced it was retiring Skype, the online voice and video call pioneer...Skype was founded in 2003 by Scandinavians Niklas Zennstrom and Janus Friis in Estonia, revolutionizing internet communication by offering free voice calls
Over the years, and as internet speeds improved, Skype evolved to include video calls, instant messaging, file sharing and group communication features
Riyadh, Saudi Arabia -- Saudi Arabia's annual inflation rate in Jan 2025 reached 2 percent compared to January 2024, the...According to GASTAT, Saudi Arabia's inflation rate is considered the lowest among the G20 countries.
CPI measures the prices paid by consumers for a fixed basket of goods and services consisting of 490 items.
- London, United Kingdom -- Major stock markets mostly rallied and oil prices retreated Thursday on hopes for an end to the...
London was a rare faller owing to sharp losses to share prices of big companies, including Unilever, Barclays and British American Tobacco.
With Russia being a major producer of oil, crude futures fell heavily on easing supply concerns, while the dollar lost some of its safe-haven support.
- Equities rose in Asia on Wednesday as traders took in their stride a warning from Federal Reserve boss Jerome Powell...
New York Fed chief John Williams said the economy and consumer spending remained strong
Wall Street ended Tuesday positively, despite tech stocks dragging the Nasdaq into the red
Dubai, UAE -- The International Monterey Fund (IMF) has projected global growth to remain at 3.3 percent this year and...IMF Managing Director Kristalina Georgieva said that growth in the Middle East and North Africa is expected to rebound to about 3.6 percent in 2025.
She warned that global public debt is projected to hit 100 percent of global GDP by 2030.
