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...
UK-India trade deal slashes tariffs on key exports
India and the UK finalize a trade deal expected to raise bilateral trade by £25.5B, marking the UK's largest post-Brexit economic agreement....
EU automakers urge leaders to restore trade stability
European automakers urge EU-US trade resolution, citing risk to 500,000 jobs and 750,000 vehicle exports....
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...
Egypt food exports reach $5.5 billion in first 11 months of 2024
Egypt’s food exports reached $5.5 billion by November 2024, marking a 17% growth over 2023, with key markets including Arab nations, Europe, Africa, and the...
Japan approves record $730 billion budget for fiscal year 2025
Japan approved a record $730 billion budget for fiscal 2025, prioritizing defense and social programs to address security concerns and rising costs from its aging...