Economy

Economic Resilience Amidst Oil Output Cuts: GCC Growth Prospects

The Gulf Cooperation Council (GCC) economies faced an intricate economic landscape in the second quarter of 2023, marked by reduced…

2 years ago

Economic Headwinds Challenge Philippines’ Growth Prospects in Q3

As the Philippines confronts economic headwinds, concerns of a potential modest recession in Q3 have emerged. The Pantheon Macroeconomics report…

2 years ago

UK Government Appoints Experienced Economist to Budget Responsibility Committee

The UK's pursuit of economic stability takes a step forward as Finance Minister Jeremy Hunt nominates Tom Josephs for a…

2 years ago

Oman’s Ministry of Labour Opens Doors to Over 900 Government Job Vacancies

The Ministry of Labour's latest announcement of 909 government job vacancies is a significant stride towards enhancing employment opportunities in…

2 years ago

Thailand’s New Prime Minister Pledges Swift Action on Economic Challenges

In his inaugural address to Parliament, Thailand's new Prime Minister, Srettha Thavisin, has set a proactive agenda for addressing the…

2 years ago

Oman’s Economic Growth, Financial Wealth Projected to Reach $141 Billion by 2027

Oman's financial wealth is poised for robust growth, with a projected CAGR of 4.7%, reaching $141 billion by 2027, according…

2 years ago

Financial Wealth in UAE to Reach $1.3 Trillion by 2027

The UAE’s financial wealth is expected to increase to $1.3 trillion in five years from the present $1 trillion in…

2 years ago

Bahrain’s Ongoing Hunger Strikes and Protests, A Sign of Deepening Discontent

Mass hunger strikes within Bahraini prisons have sparked rare street protests in the kingdom, reminiscent of the 2011 Arab Spring…

2 years ago

Rethinking the Role of Wage Growth in the UK’s Economic Recovery

Given the evolving economic landscape, the Bank of England's current emphasis on restraining wage growth warrants reconsideration. As inflation and…

2 years ago

Tensions Rise as Kuwait and LebanonClash Over Minister’s Comments

A diplomatic disagreement has unfolded between Kuwait and Lebanon, sparked by comments made by Lebanon's caretaker Economy Minister, Amin Salam.…

2 years ago