ADB cuts Asia Pacific 2026 growth forecast to 4.9%
MANILA, PHILIPPINES / MENA Newswire / – The Asian Development Bank cut its 2026 growth forecast for developing Asia and the Pacific to 4.9%. The...
Tag : economic growth
UAE and Egypt presidents discuss ties at G7 summit
ÉVIAN-LES-BAINS, FRANCE / EuroWire / – UAE President Sheikh Mohamed bin Zayed Al Nahyan met Egyptian President Abdel Fattah El-Sisi on Wednesday on the sidelines of the G7 Summit...
UAE economy extends global rise on strong 2026 data
ABU DHABI: The United Arab Emirates entered 2026 with a strong run of official economic data showing broad-based expansion across non-oil activity, trade, banking and investment,...
Vietnam exports jump 19.1% in first quarter of 2026
HANOI: Vietnam’s exports rose 19.1% from a year earlier in the first quarter of 2026 to $122.93 billion, according to official data released on April 4, extending a...
Botswana downgrade adds pressure to diamond economy
GABORONE: Botswana is facing renewed pressure on its diamond-driven economy after S&P Global Ratings lowered the country’s long-term sovereign rating to BBB- from BBB and its short-term...
World Bank’s digital inclusion strategy highlighted at the summit
The World Bank Group’s Global Digital Summit highlights efforts to enhance digital public infrastructure and close the digital gap worldwide....
World Bank remains bullish on India’s economic growth and potential
The World Bank reaffirms confidence in India’s economic growth, citing strong resilience, investment appeal, and progressive policies that drive the country’s global economic leadership....
UK inflation rises to 3% in January, surpassing expectations
UK inflation surged to 3% in January, surpassing forecasts, with rising transport and food costs fueling the increase, according to the Office for National Statistics....
EU AI Champions Initiative secures €150 billion funding boost
Europe is committing €150 billion to AI investment, aiming to accelerate innovation, drive economic resilience, and strengthen strategic sovereignty across key industries....
Japan posts record $193 billion current account surplus in 2024
Japan recorded a record $193 billion current account surplus in 2024, fueled by strong foreign investment returns, a weak yen, and an improving trade balance,...