by Jibran Munaf | October 25, 2024 | Economy
Fresh data released on Thursday suggests that the US economy is on track for steady growth through the end of 2024. According to S&P Global’s flash US composite PMI, which reflects activity across both the services and manufacturing sectors, the index came...
by Jennifer George | October 24, 2024 | Aviation, Economy, Industry, News
The Gulf Cooperation Council’s (GCC) GDP often hinges on the historic oil and gas sectors. Dubai Airports and Emirates Group published promising projections on Dubai’s booming aviation sector. The study compiled by global research firm Oxford Economics,...
by Jibran Munaf | October 24, 2024 | Economy
Rising trade tensions between the U.S. and China, marked by escalating tariffs, could have significant global economic repercussions, according to Gita Gopinath, deputy managing director of the International Monetary Fund (IMF). Speaking to CNBC on Wednesday, Gopinath...
by Jibran Munaf | October 24, 2024 | Economy
European Central Bank (ECB) President Christine Lagarde emphasized the need for caution when considering future interest rate cuts, noting that decisions will be guided by upcoming economic data. Speaking at an event in Washington on Wednesday, Lagarde responded to...
by Jibran Munaf | October 24, 2024 | Economy
The United States’ current debt trajectory remains sustainable despite steady growth, according to Vitor Gaspar, the International Monetary Fund’s (IMF) Fiscal Affairs Director. Speaking at a press conference on Wednesday, Gaspar emphasized that while the U.S....
by Jibran Munaf | October 24, 2024 | Economy
Charlie Walker, Deputy CEO of the London Stock Exchange (LSE), affirmed that the UAE is solidifying its position as an economic powerhouse in the Middle East and North Africa (MENA) region, playing a pivotal role in the bond issuance market in collaboration with the...
