Marrakesh, Morocco – Africa’s total exports will reach $952 billion by 2035 and the African Continental Free Trade Area (AfCFTA), once fully implemented, has the potential to increase this figure by a further 29 percent, a Standard Chartered report has revealed. This represents an annual growth rate of 3 percent...
China’s digital economy surged by $4 trillion from 2016 to 2022
Tianjin, China - The digital economy in China surged by $4.1 trillion from 2016 to 2022, which works out as a compound annual growth rate of 14.2 percent, a research report presented at the Global Digital Economy Conference (GDEC) 2023 revealed, reported by Xinhua. By 2022, the scale of China's...
UAE, Armenia non-oil trade reaches $1.53bn in 2022
Yerevan, Armenia – Non-oil trade volume between the UAE and Armenia reached $1.53 billion in 2022, with a growth rate of 673 percent compared to 2021, the UAE news agency Wam reported on Friday. The total UAE non-oil exports to Armenia amounted to almost $229 million in 2022, with a...
Abu Dhabi economy grows fastest in MENA region at 10.5%
The emirate has launched a number of initiatives in recent years as it focuses on diversifying its economy away from oil.Egypt’s GDP grows 6.6% in FY 2022: PM Madbouli
The last quarter of the past fiscal year was really difficult due to the Russia-Ukraine war.Governments helped arms firms avoid Covid-19 slump
Governments around the world passed measures to help their big weapons firms, according to the Stockholm International Peace Research Institute (Sipri).
