global economy

Saudi Arabia’s Economy and Planning Minister Faisal bin Fadel Alibrahim has been holding talks with officials from several nations on the state of the global economy at the G20 Development Ministerial Meeting in Brazil. On the sidelines…
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Saudi Arabia’s economic growth is expected to outpace the global average in 2025 according to the latest International Monetary Fund study. The IMF’s World Economic Outlook update puts the Kingdom’s output increase at 4.7 percent next…
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OPEC has raised its global ⁧‫economy‬⁩ growth expectations in 2024 to 2.9 percent, from a previous forecast of 2.8 percent. In its monthly report, the organization noted that growth momentum in major economies remained resilient in the…
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The World Economic Forum said on Wednesday that the global economy is poised to improve or remain stable this year, but it also warned of potential dangers stemming from geopolitical and domestic tensions. “The latest Chief Economists…
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Saudi Arabia has urged the International Monetary Fund to prioritize its core activities, emphasizing the need to support initiatives such as rebuilding buffers and reviewing debt and lending policies. Speaking during the International…
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Saudi Arabia’s finance minister on Thursday stressed the need for “decisive financial policies” across the world to navigate through uncertain economic conditions. Speaking during the Spring Meetings 2024 of the IMF held in Washington,…
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The UAE has strengthened its position in the global economy, with its overseas investments proving resilient amid economic fluctuations, said a senior official. Jamal Bin Saif Al-Jarwan, secretary-general of the UAE International…
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Egypt is responding to recent global economic turmoil by encouraging private sector investment, exploring new technologies, prioritizing the green transition, and shaking up its governance model, Egyptian Prime Minister Mostafa Madbouly has…
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The escalation of violence between Israel and Hamas has sparked concerns about its potential impact on the world economy. As the international community watches this tragic spectacle unfold, the question arises: Could this be the pivotal…
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A new global economic playing field is set to be created with the expansion of the Brazil, Russia, India, China and South Africa bloc of countries, business leaders suggested during panels at the Future Investment Initiative forum in…
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