UN seeks $500bn stimulus for sustainable developmentThe United Nations has called for a significant increase to the tune of $500 billion each year in extra financing from the world’s most developed nations, to meet the crucial 2030 Agenda for Sustainable Development. More… |
UN seeks $500bn stimulus for sustainable developmentThe United Nations has called for a significant increase to the tune of $500 billion each year in extra financing from the world’s most developed nations, to meet the crucial 2030 Agenda for Sustainable Development. More… |
2021: A mindboggling year for equitiesSummary: Equities have had a fantastic year delivering 21% return following already extraordinary gains in 2020. It seems almost impossible given the galloping inflation not seen since the early 1980s, but low nominal yield More… |
Global trade up 23% on pre-Covid levels this yearGlobal trade is expected to be worth about $28 trillion this year - an increase of 23 percent on pre-pandemic levels - but the outlook for 2022 remains very uncertain, UN economists said. This strong growth in More… |
Oman cbank extends grace period on loan repaymentsThe Central Bank of Oman (CBO) has issued a number of directives to all banks and finance leasing companies (FLCs) to extend the grace period for repayment to borrowers considering the current economic scenario. CBO has also annou More… |
Bahrain’s Liquidity Fund to receive applications from July 1Bahrain’s Liquidity Fund said that it would start receiving financing requests for private sector companies and institutions as of July 1 in line with the directives of His Majesty King Hamad bin Isa Al Khalifa to launch the financial and More… |
Bahrain’s Liquidity Fund to receive applications from July 1Bahrain’s Liquidity Fund said that it would start receiving financing requests for private sector companies and institutions as of July 1 in line with the directives of His Majesty King Hamad bin Isa Al Khalifa to launch the financial and More… |
Global economy to grow fastest in 40 years in 2021: EIThe global economic outlook has improved since the first quarter (Q1) of 2021 with the global real GDP growth this year now expected to be the fastest in more than 40 years at 5.8%, followed by 4.5% growth in 2022, said market research company E More… |
Global GDP growth revised up to 6.1% in 2021: FitchGlobal GDP is expected to expand by 6.1% this year, revised up from 5.3% in December as fiscal support is stepped up sharply, economies adapt to social distancing and vaccination rollout gathers momentum, said Fitch Ratings. &ldqu More… |
Global GDP growth revised up to 6.1% in 2021: FitchGlobal GDP is expected to expand by 6.1% this year, revised up from 5.3% in December as fiscal support is stepped up sharply, economies adapt to social distancing and vaccination rollout gathers momentum, said Fitch Ratings. &ldqu More… |