Wednesday 17 April 2024
 
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economic stimulus

$13bn package 'to drive Abu Dhabi real estate market'

Although market conditions in Abu Dhabi remain relatively unchanged, the second quarter witnessed a major announcement by Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces Sheikh Mohamed bin Zayed Al Nahyan, introduc

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Abu Dhabi gets $13.6bn economic stimulus package

Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces has approved a Dh50 billion ($13.6 billion) economic stimulus package for Abu Dhabi, aimed at accelerating the economic growth ove

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Lebanon plans $1 billion economic stimulus for 2015

Lebanon is planning a $1 billion economic stimulus package for 2015 to maintain growth and support an economy which has been hit by a three-year conflict in neighbouring Syria, the central bank governor said. Riad Salameh said he

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Global consumer confidence improves in Q1

Global consumer confidence rose in the first quarter, with a marked increase in sentiment in the US, Japan and northern Europe, a survey showed on Wednesday. Indonesia overtook India as the most optimistic consumer market globally

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Kuwait ‘in need of economic stimulus’

Kuwait’s large fiscal and external surpluses as a result of high oil prices should not obscure the need for the rapid execution of development projects and a much more aggressive approach to economic reforms, a report said. The co

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Soros calls G20 deal 'a turning point'

Billionaire investor George Soros said on Thursday G20 leaders had taken decisive action to combat the worst economic crisis since the Great Depression of the 1930s. "This could well be a turning point because the authorities got together

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