Invesco Global Allocation Fund Class A shares at NAV had a negative return in the fourth quarter and underperformed its style-specific benchmark, the Custom Invesco Global Allocation Index.

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 ...

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 ...

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).

Good afternoon to those of you joining us from Egypt and the region and Ramadan Kareem. Thank you for joining today's press briefing. My name is Angham Al Shami from the IMF Communications Department.

While long-term debt sustainability and government securities exposure remain concerns, Moody’s expects lower inflation and policy rate cuts to drive private-sector investment. The upgrade aligns with ...

For the final quarter of 2024, the fund returned -5.12%, outpacing the -7.58% result of the benchmark MSCI All Country World ...