The global economy will see a modest uptick in growth next year, with the US GDP growth accelerating to 2.6 per cent as businesses increase investments, according to global asset manager PineBridge Investments.
The asset managemen
Egypt's economy should grow at an annual rate of two per cent in the second fiscal quarter, the state's planning minister said on Tuesday, after expanding less than one percent in the first quarter because of violent protests.
Bahrain's economy has bounced back, growing by 4.6 per cent in the third quarter of this year.
The overall GDP at constant prices stood at BD2,696 million ($6.9 billion) in the third quarter, up from BD2,577.1 million in the s
After wallowing in an economic 'soft patch' for the past two years, the global economy is likely to emerge in 2014 with modest growth of 3.3 per cent compared with 2.5 per cent this year, said an expert.
"The easing o
Bahrain's economy is bouncing back on positive outlook and major improvement in the security situation with major local banks expecting a seven to 10 per cent growth in their profits, said a report.
Local banks are expected to
The economic volatility has increased pressure on workers in the Middle East region with 66 per cent reporting that they are seeing more stress-related illness since the downturn, according to the latest survey from Regus, the global workplace p
Opec has trimmed its crude oil output towards next year's global requirement, the exporter group said on Tuesday, further whittling away at a supply surplus that could weigh on prices.
The monthly report from the Organization
Abu Dhabi probably won't reach its target for industrial growth by 2020 and will need to lower it, a senior government official said on Monday.
The oil-exporting emirate is investing billions of dirhams to diversify its econom
After all the waiting, hype and media attention, the efforts over the last two years have paid off for Dubai with the selection of the emirate as host of Expo 2020.
Now, let's look at what lies ahead …
Improving economic conditions and political stability are continuing to underpin growth in Bahrain and fuel resilience in the residential and industrial property markets, said a report.
The government’s wide ranging infrastr