Wednesday 1 March 2017
 
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Reforms will help UAE adjust to lower oil price: IMF chief

Gradual fiscal consolidation and vigorous implementation of structural reforms in the UAE, including those underlying Vision 2021, will help the economy adjust to the lower oil price environment, promote further economic diversification, and boo

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Building of medical units 'vital for GCC economy'

The construction of more medical and healthcare facilities would greatly help the Gulf economy, according to a leading Qatari contractor. The Gulf healthcare market is growing and there is a need for building more medical faciliti

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Building of medical units 'vital for GCC economy'

The construction of more medical and healthcare facilities would greatly help the Gulf economy, according to a leading Qatari contractor. The Gulf healthcare market is growing and there is a need for building more medical faciliti

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GCC growth likely to improve this year

The GCC economies recorded a sharp slowdown in 2016 amidst public sector spending cuts, tightening liquidity and investor uncertainty, a report said, adding that growth is expected to improve in 2017 across the GCC states, except in Oman and Bah

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Mideast business confidence drops amid global uncertainty

Business confidence in the Middle East remained subdued in Q4 2016, with 51 per cent of firms reporting that they feel less confident about the future, according to a report. The latest Global Economic Conditions Survey from ACCA

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Global economic growth gathers pace: IMF

The global economic landscape has started to shift in the second half of 2016 and developments since last summer indicate greater growth momentum coming into the new year in a number of important economies, the IMF said. "Our

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Qatar Airways introduces new Economy Class amenity kits

As part of an ongoing upgrade across its portfolio of on-board products, Qatar Airways will introduce new amenity kits to Economy Class passengers from this month. With a focus on simplicity and functionality, the new kits include

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8 men control same wealth as poorest half of world: Oxfam

New estimates show that just eight men own the same wealth as the poorest half of the world and as growth benefits the richest, the rest of society – especially the poorest – suffers, says an Oxfam report. The very des

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8 men control same wealth as poorest half of world: Oxfam

New estimates show that just eight men own the same wealth as the poorest half of the world and as growth benefits the richest, the rest of society – especially the poorest – suffers, says an Oxfam report. The very des

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Thais on a high!

Window cleaners work on the outside of a new building in Bangkok, Thailand, on December 23. Thailand's economy is expected to grow 3.3 per cent in 2016 and 3.4 per cent in 2017, driven by the government's investment in infrastructure pro

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