Dubai’s recovery story, which is set to receive a further boost as preparations for Expo 2020 gain momentum, will be charted in a forthcoming report to be produced by the global publishing firm Oxford Business Group (OBG).
The euro fell to a three-month low against the dollar and a 17-month trough against the pound on Friday after a disappointing report on German business sentiment supported the view the European Central Bank will cut interest rates next month.
US manufacturing growth was solid in the first quarter and a return to expansion in French business activity this month suggested a recovery was taking shape in the euro zone, though China's factory sector stuttered in the early part of 2014
After Egypt's new finance minister took office last month, one of his first acts was to downgrade the government's assessment of its finances. Hany Kadry Dimian said this year's budget gap would be about a third bigger than his prede
Top decision makers, investors and thought leaders will analyse the global economic recovery in the West and prospects in emerging markets at a forum in Abu Dhabi.
The sixth Global Financial Markets Forum (GFMF), the annual confer
A much better year lies in store for most of the world's major developed economies, although weak inflation will persist, complicating central banks' ability to get interest rates back to normal, Reuters polls forecast on Thursday.
The Indian rupee rebounded on Thursday from a record low after the central bank's move to provide dollars directly to oil companies provided relief to the currency, while a recovery in emerging market currencies also helped offer support.
The Federal Reserve on Wednesday said the US economy continues to recover but is still in need of support, offering no indication that it is planning to reduce its bond-buying stimulus at its next meeting in September.
Growth in Asia's manufacturing sector cooled in February as the pace of economic recovery slackened, according to factory surveys and trade data on Friday that pointed to continuing weakness in the strength of global demand
The global financial crisis is either a result of the inefficiency of markets or has been caused by government interfering in market and was likely to take a long time to recover, said an expert.
"On the one hand you can look