Tag : economic growth

Business

ADB cuts Asia Pacific 2026 growth forecast to 4.9%

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The Asian Development Bank cut its 2026 growth forecast for developing Asia and the Pacific to 4.9%. The bank cited prolonged global energy disruption and...
News

UAE and Egypt presidents discuss ties at G7 summit

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UAE President Sheikh Mohamed bin Zayed Al Nahyan met Egyptian President Abdel Fattah El-Sisi on Wednesday on the sidelines of the G7 Summit in Évian-les-Bains, France. The talks...
Business

UAE economy extends global rise on strong 2026 data

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ABU DHABI: The United Arab Emirates entered 2026 with a strong run of official economic data showing broad-based expansion across non-oil activity, trade, banking and investment,...
Business

Vietnam exports jump 19.1% in first quarter of 2026

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HANOI: Vietnam’s exports rose 19.1% from a year earlier in the first quarter of 2026 to $122.93 billion, according to official data released on April 4, extending a...
Business

Botswana downgrade adds pressure to diamond economy

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GABORONE: Botswana is facing renewed pressure on its diamond-driven economy after S&P Global Ratings lowered the country’s long-term sovereign rating to BBB- from BBB and its short-term...
Business

Trade dispute with US puts EU auto jobs at risk

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European automakers have urged the European Union and United States to resolve escalating trade tensions swiftly, citing growing risks to jobs, industrial investment, and transatlantic...
Business

Digital transformation in focus at World Bank Global Digital Summit

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The World Bank Group hosted the second Global Digital Summit in Washington, D.C., bringing together leaders from the public and private sectors to accelerate digital...
Business

PM Modi’s economic vision strengthens India’s GDP at 6.2% in Q3

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India's economy grew at a rate of 6.2% in the third quarter of the financial year 2024-25, up from 5.6% in the previous quarter, according...
Business

India remains a top investment hub as World Bank reaffirms confidence

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The World Bank has reaffirmed its confidence in India's economic potential, emphasizing that the country remains a key investment destination despite minor fluctuations in its...