GDP growth in the GCC is projected at 3.5 per cent in 2025. Interest rate cuts, together with further investment and structural reform initiatives, will mean non-oil growth of over 3.4 per cent in the ...

There is a wide range of market uncertainties stemming mostly from the US that tend to underpin the rise of gold’s price. Firstly we note that the weakening of the USD yesterday and during today’s ...

Resilient economic conditions, transformation plans, robust project pipeline and healthy demand support the growth of the banking industry Dubai, UAE: According to the EY GCC Banking Sector Outlook ...

Wall Street analysts and economists have converged on a more turbulent near-term trajectory for the U.S. economy. The outlook is bumpier than anticipated, with lower growth rates, greater inflationary ...

The Federal Reserve continued its easing cycle in Q4, yet higher-than-expected inflation in December led the Fed to signal a ...

Stocks in South Korea and Hong Kong closed up after China's State Council on Sunday unveiled what it called a "special action plan" to boost domestic consumption. Mainland Chinese investors, however, ...

These reforms encompass the judiciary, tariffs, labour regulation along with a stable regulatory regime. An important point, in the latest review, has called for GST simplification along with a cut in ...

A staff team from the International Monetary Fund (IMF), led by Ms. Haimanot Teferra, visited Nairobi during March 6-14, 2025 ...

NAIROBI, March 17 (Xinhua) -- Kenya and the International Monetary Fund (IMF) have resolved to begin formal talks on a new lending program, and the IMF will engage with the Kenyan authorities going ...

Wall Street analysts predict a turbulent short-term for the US economy, with lower growth and higher inflation. Consumer ...

The Kenyan government led by President William Ruto has submitted a new financing programmed to the International Monetary ...

The IMF Executive Board completed the fifth review under the Extended Credit Facility (ECF) Arrangement for Nepal, providing the country with access to SDR 31.4 million (about US$ 41.8 million).