Economy

IMF Warns of Global Trade Slowdown Risks for Central Europe’s Export-Dependent Economies The International Monetary Fund (IMF) has stated that export-dependent economies in Central Europe face risks due to the slowdown in global trade growth. However, these risks can be mitigated through trade reforms and the removal of remaining trade …

As we begin 2025, the global economy faces numerous challenges that threaten market stability and economic growth. Despite some countries’ economic recovery predictions, factors such as financial crises, persistent inflation, and technological innovation may reshape the workforce in unprecedented ways. Financial Crises and Their Impact on Major Economies Many major …

U.S. President Donald Trump downplayed growing concerns about a potential economic recession, expressing confidence in the strength of the American economy despite the sharp decline in Wall Street markets. Speaking to reporters at the White House, Trump stated that he sees no signs of an impending recession, emphasizing that market …

In a recent economic report, the International Monetary Fund (IMF) has projected that South Sudan will achieve the fastest economic growth globally, with a 27.2% GDP increase in 2025. This remarkable surge places the young nation at the forefront of the world’s fastest-growing economies, surpassing many other emerging markets. Key …

A recent report by the Stockholm International Peace Research Institute (SIPRI) revealed that Morocco ranked 31st globally among the largest arms importers between 2015 and 2024. Meanwhile, Algeria secured the 21st position in the same period, highlighting the ongoing regional arms race. Morocco’s Growing Arms Imports Over the past decade, …

Jordan’s Pharmaceutical Exports Grow by 14.8% in 2024 Jordan’s pharmaceutical exports witnessed a notable increase of 14.8% in 2024, overcoming the challenges faced by supply chains in the region. These challenges were exacerbated by the negative impacts of the Israeli aggression on the Gaza Strip. According to Dr. Fadi Al-Atrash, …

Oil Prices Rise Due to Sanctions on Iran and Russia Oil prices changed course, rising in the latest trading due to sanctions imposed on Iran and Russia. Oil prices started the day by declining due to growing concerns about the impact of U.S. tariffs and increased production from the OPEC+ …

China Extends Deadline for Pakistan’s $2 Billion Loan in a New Effort to Support its Struggling Economy China has once again extended the deadline for repaying a $2 billion loan to Pakistan, a new step aimed at supporting the country’s ailing economy. This move comes as Islamabad seeks additional assistance …

Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, announced the approval of the National Investment Strategy for the next six years, aiming to boost the inflow of foreign direct investments into the country, according to a post on his X …

Saudi GDP Growth of 1.3% in 2024: Non-Oil Sectors Drive Expansion According to the 2024 Gross Domestic Product (GDP) report and National Accounts Indicators issued by the General Authority for Statistics, Saudi Arabia’s real GDP grew by 1.3% in 2024 compared to the previous year. Non-oil sectors and government activities …