Developing Asia-Pacific economy set to grow 5% in 2026
Economic growth across developing Asia and the Pacific is forecast to slow to 5.0% in 2026. The region expanded 5.5% in 2025, according to the...
Tag : economic growth
FIA President meets with Hungarian PM and Czech President
International motorsport governance and European state leadership converged at the Hungaroring circuit as Federation Internationale de l'Automobile President Mohammed Ben Sulayem held high-level meetings with...
ADB cuts Asia Pacific 2026 growth forecast to 4.9%
The Asian Development Bank cut its 2026 growth forecast for developing Asia and the Pacific to 4.9%. The bank cited prolonged global energy disruption and...
UAE and Egypt presidents discuss ties at G7 summit
UAE President Sheikh Mohamed bin Zayed Al Nahyan met Egyptian President Abdel Fattah El-Sisi on Wednesday on the sidelines of the G7 Summit in Évian-les-Bains, France. The talks...
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,...
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...
Russia reports 4.2% GDP growth in the first eight months of 2024
MENA Newswire News Desk: Russia’s gross domestic product (GDP) grew by 4.2 percent during the first eight months of 2024, Prime Minister Mikhail Mishustin announced at...
Vietnam’s F&B industry set for 10.92% growth this year
MENA Newswire News Desk: Vietnam’s food and beverage (F&B) industry is expected to reach a value of VND720 trillion (US$29.8 billion) by the end of...
India to surpass US as second largest world economy by 2075, predicts Goldman Sachs
In a groundbreaking report published on Monday, Goldman Sachs predicts that India is poised to surpass not only Japan and Germany but also the United...