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Economy

Global growth to remain resilient in 2025 and 2026

Global growth to remain resilient in 2025 and 2026 OECD: The global economy is projected to remain resilient despite significant challenges, according to the OECD’s latest Economic Outlook. The Outlook projects global GDP growth of 3.3% in 2025, up from 3.2% in 2024, and 3.3% in 2026. Inflation in the OECD is expected to ease further, from 5.4% in 2024 to 3.8% in 2025 and 3.0%...

MENA Online Gifting Market Sees 62% Rise in Festive Sales

MENA Online Gifting Market Sees 62% Rise in Festive Sales The festive season fuels growth in MENA e-commerce platforms and gifting marketplaces, driven by special promotions, convenience, and rising interest in mobile shopping Online orders for gifting items in the MENA region are witnessing a surge during the year-end festive season, a new report found, suggesting impressive record sales. Leading gifting marketplace Flowwow reported an impressive 62...
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Human risk in supply chains in the Middle East

Human risk in supply chains in the Middle East Middle East organisations are increasingly facing vulnerabilities in their supply chains due to in human behaviour....

IFC and EBRD invest in Bank of Palestine to boost local economy

IFC & EBRD Invest in Bank of Palestine’s Capital to Support the Bank in Local Economic Recovery, Growth & Regional Expansion The International Finance Corporation...

Viet Nam’s economy is forecast to grow 6.1% in 2024

Viet Nam’s economy is forecast to grow 6.1% in 2024 The World Bank: Viet Nam’s economic growth is expected to pick up in 2024, driven...

Japan’s July Inflation Rises For Third Successive Month To 2.7%

Japan's July Inflation Rises For Third Successive Month To 2.7% By Sana Tahir  Forbes Middle East: Japan's core consumer price index (CPI), which excludes fresh food items,...

World Bank Group Ramps Up Fight Against Global Hunger

World Bank Group Ramps Up Fight Against Global Hunger The World Bank Group today unveiled a comprehensive package of initiatives to address urgent poverty and...

Is the Dow Jones’s and other indices’ decline a symptom of global economic turmoil?

Is the Dow Jones's and other indices' decline a symptom of global economic turmoil? On Monday, the Dow Jones Index experienced a significant drop of...

Gold market comment on behalf of Chris Weston

Gold market comment on behalf of Chris Weston Market analysis on behalf of Chris Weston Head of Research at Pepperstone The wind is to gold’s back...

USD/JPY breaches the 150 level amid Japanese policy tightening

USD/JPY breaches the 150 level amid Japanese policy tightening Today's market analysis on behalf of Rania Gule Market Analyst at XS.com The USD/JPY currency pair dropped by 1.5% yesterday, starting...

EUR/USD Forecast as Risk Appetite Improves in the Markets

EUR/USD Forecast as Risk Appetite Improves in the Markets Market analysis on behalf of Rania Gule Market Analyst at XS.com The EUR/USD pair rose above the...

Gold Declines, Eyes on Upcoming US Data

Gold Declines, Eyes on Upcoming US Data  Market analysis on behalf of Mazen Salhab Chief Market Strategist MENA in BDSwiss Gold prices dropped to their lowest...

The US has nearly 22 million millionaires, surpassing China, France, Japan, and Germany combined by 50%

The US has nearly 22 million millionaires, surpassing China, France, Japan, and Germany combined by 50% The number of millionaires has skyrocketed over the past...

UK Inflation market comment on behalf of Michael Brown

UK Inflation market comment on behalf of Michael Brown Today’s market analysis on behalf of Michael Brown Senior Research Strategist at Pepperstone "This morning's UK inflation figures will...