HCE to host Philippines economic seminarThe Embassy of Philippines in association with Hilal Conferences Exhibitions (HCE), will host a conference on the Philippine Economic Outlook and Consumer Behaviour on April 25 at the Bahrain International Exhibition Centre. More… |
Inflation in Arab countries may hit 9.8pc this yearAffected by internal and external factors, the inflation rate in Arab countries may reach 9.8 per cent and 9.6 per cent in 2017 and 2018 respectively, according to a new report from the Arab Monetary Fund. The Arab Economic Outloo More… |
Sluggish world trade ‘curbing emerging markets growth’Economic recovery is progressing in the world’s advanced economies, but stagnating world trade and deteriorating conditions in financial markets are curbing growth prospects in many of the major emerging economies, according to the OECD&rs More… |
Sluggish world trade ‘curbing emerging markets growth’Economic recovery is progressing in the world’s advanced economies, but stagnating world trade and deteriorating conditions in financial markets are curbing growth prospects in many of the major emerging economies, according to the OECD&rs More… |
Mena sovereign ratings on the declineThe sharp drop in oil prices since mid-2014 is likely to lead to weakening economic, external and fiscal profiles for the region, particularly for the GCC, said a new analysis released by Standard & Poor’s. However, of t More… |
Gulf bond market shrugs off S&P downgradesConfidence that the Gulf oil exporting states can ride out an era of cheap oil supported prices of their international bonds on Tuesday after Standard and Poor's cut its debt ratings or outlooks for several of the countries. T More… |
Turkey warned of 'middle-income trap'Without deeper reforms to its savings rate and competitiveness, Turkey risks lower medium-term growth that would leave it stuck in a "middle-income trap," the International Monetary Fund (IMF) warned in a report. With po More… |
Bold reforms in Arab states in transition needed: IMFArab Countries in Transition must pursue bold economic policy reforms to achieve economic stability and generate job-creating growth in the region, an IMF study has said. The study, entitled “Toward New Horizons—Arab E More… |
GCC growth ‘set to drop to 3.6pc in 2013’GCC economic growth is set to slow to 3.6 per cent in 2013 from 5.4 per cent in 2012 as the three-year surge in regional oil production comes to an end, a report said. However, on the ground, business conditions are expected to re More… |
Weak China data confirms outlook worseningChina's exports grew at a slower pace than forecast in August while imports fell, underlining the mounting challenge facing Beijing's policymakers as domestic demand flags while the global economic outlook darkens. Exports More… |