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,...
Tag : economic growth
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,...
UK growth forecast slashed as Bank of England lowers rates
The Bank of England cut interest rates to 4.5% amid weak UK growth, signaling further reductions ahead as inflation slows and economic uncertainty persists....
Germany and France see contraction as euro zone stalls in Q4
The euro zone economy stalled in Q4, posting zero growth, missing forecasts. The ECB responded with a rate cut as inflation concerns persist despite weak...