Economy

Brussels: The more a country is intertwined with the global economy — whether through industry, trade or tourism — the greater the potential damage from...

Beijing: People's way of living has been turning increasingly digital, and the prolonged COVID-19 pandemic is accelerating this transformation across the...

Madrid: The sheer weight of China in world economy and recent reports of national growth rates have proved again that China is leading the global recovery...

London: The UK's decision to leave the European Union was about big, loaded issues. Pro-Brexiteers lauded the promise of saving jobs, bringing back control...

Frankfurt: As COVID-19 lockdown gradually eased in the spring, German consumer demand has helped the economy grow. High public expenditure, meanwhile, blew...

Washington: The International Monetary Fund (IMF) announced on Monday that its new allocation of Special Drawing Rights (SDRs) equivalent to 650 billion...

Singapore: Emerging southeast Asian economies are facing intense headwinds from persistent COVID-19 pandemic waves, S&P Global Ratings said on Thursday,...

Mumbai: India Ratings and Research (Ind-Ra) on Thursday revised its GDP growth forecast for FY22 to 9.4 per cent year-on-year and said the economic recovery...

Mumbai: The Reserve Bank of India (RBI) on Friday retained real GDP growth at 9.5 per cent in 2021-22 as domestic economic activity is starting to recover...

Khasab: The total budget allocated to the electricity sector in the Musandam governorate for this year stood at OMR26.3 million, Eng. Muhammad Yousef Al...