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GCC economies seen growing around 3pc in 2024

A gradual reversal of oil output cuts for some GCC economies, together with eventual rate cuts, is likely to propel growth in the region by just under 3% in 2024, shrugging off the slowing global economy.   This

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GCC economies seen growing around 3pc in 2024

A gradual reversal of oil output cuts for some GCC economies, together with eventual rate cuts, is likely to propel growth in the region by just under 3% in 2024, shrugging off the slowing global economy.   This

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Office landlords 'under pressure amid slowing economies'

A new equilibrium has yet to emerge for global office real estate given the adoption of hybrid work model. Landlords are contending with higher vacancy rates, lower rent, and lower values over the next few years. Growing recession risk adds to

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GCC to see 2.1% growth in GDP in 2021 as Covid curbs ease

The gross domestic product (GDP) of the GCC will grow by 2.1% this year, after the 5% contraction seen in 2020, a report said, noting as business confidence in the region has strengthened in recent months as coronavirus restrictions eased and va

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GCC to see 2.1% growth in GDP in 2021 as Covid curbs ease

The gross domestic product (GDP) of the GCC will grow by 2.1% this year, after the 5% contraction seen in 2020, a report said, noting as business confidence in the region has strengthened in recent months as coronavirus restrictions eased and va

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Rich economies see 69% plunge in FDI in 2020

Foreign direct investment (FDI) flows to developing economies have shown relative resilience to the Covid-19 crisis, falling by just 12% in 2020 compared with the staggering 69% collapse recorded by richer economies, a report said.

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Rich economies see 69% plunge in FDI in 2020

Foreign direct investment (FDI) flows to developing economies have shown relative resilience to the Covid-19 crisis, falling by just 12% in 2020 compared with the staggering 69% collapse recorded by richer economies, a report said.

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Decoupling of economies affects Asian trade: report

A 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

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Decoupling of economies affects Asian trade: report

A 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

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Bold public spending ‘only way to recover from Covid-19’

A bold targeted fiscal expansion, led by the advanced economies, is the only way to build a fair and resilient economic recovery from Covid-19, according to UNCTAD’s Trade and Development Report 2020. Public-debt-to-GDP rati

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