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Mena growth ‘to dip in 2023, but poised for rebound in 2024’Following a strong performance in 2022, the Mena region will see growth weaken in 2023 in line with the overall global economic slowdown, as falling oil prices have an adverse effect on oil-exporting countries in the region. More… |
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Mena growth ‘to dip in 2023, but poised for rebound in 2024’Following a strong performance in 2022, the Mena region will see growth weaken in 2023 in line with the overall global economic slowdown, as falling oil prices have an adverse effect on oil-exporting countries in the region. More… |
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Chemicals industry grapples with inflation, subdued growth, says reportGrowth predictions for the global chemicals industry are subdued as businesses in many advanced economies face an economic downturn, reveals a report by trade credit insurer Atradius. Persistent inflation and a More… |
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Oil price rise bring welcome cash injection to oil powersRising oil prices are boosting economic growth throughout the oil producing economies of the Mena region, with predictions that GDP will largely return to pre-pandemic levels in 2022. Atradius’ late More… |
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60% of B2B invoices in UAE late in payment: reportSixty per cent of the B2B invoices on credit in the United Arab Emirates (UAE) were not settled on time, which is significantly higher than the 50% average for Asia as a whole, a report said. On average, it took businesses 40 days More… |
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Global economy to rebound in 2021, says reportAfter a major downturn of the global economy in 2020 caused by the Covid-19 pandemic and despite renewed lockdowns in some parts of the world, the global economy is expected to rebound in 2021, a new report said. Several vaccines More… |
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Global economy to rebound in 2021, says reportAfter a major downturn of the global economy in 2020 caused by the Covid-19 pandemic and despite renewed lockdowns in some parts of the world, the global economy is expected to rebound in 2021, a new report said. Several vaccines More… |
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Decoupling of economies affects Asian trade: reportA gradual decoupling of economies, changing supply chains and free-trade initiatives will have both positive and negative consequences for foreign trade developments in Asia, said a report. The Covid-19 pandemic and the ongoing tr More… |
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Decoupling of economies affects Asian trade: reportA gradual decoupling of economies, changing supply chains and free-trade initiatives will have both positive and negative consequences for foreign trade developments in Asia, said a report. The Covid-19 pandemic and the ongoing tr More… |
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Non-oil to drive Mena growth to 3.6% in 2021: studyThe Mena region will see an economic growth of 3.6% in 2021 and 4.0% in 2022, most of which will be driven by the non-oil sector as oil prices are unlikely to rise significantly in the near future, a report said. The most promisin More… |
