Tag: Economic Outlook
RAK’s economy is poised for healthy post-pandemic growth; S&P Report
American credit rating agency S&P Global has revealed that Ras Al Khaimah (RAK) can expect a booming economy post-pandemic, with growth expected to rebound...
Refined policy frameworks are critical for MENA’s recovery; IMF experts
The International Monetary Fund (IMF) has organized an expert discussion on the state of recovery in the Middle East and North Africa (MENA) area,...
GCC region to see 2.5% GDP growth between 2021-23; S&P
Globally renowned credit rating agency S&P Global Ratings has projected an average economic recovery for the GCC region from 2021 to 2023 with a...
Fitch shares stable 2021 outlook for Islamic banks in the GCC...
One of the 'Big Three' global credit rating agencies, US-based Fitch Ratings has shared a stable outlook for Islamic banks in the Gulf Cooperation...
New COVID-19 wave can lead to double-dip recession: QNB
In its latest weekly economic report, Qatar National Bank (QNB) observed that aggressive policy stimulus and the partial containment of the COVID-19 pandemic in...
No return to pre-pandemic economy before 2023; EU
As the new surge of COVID-19 infections dominates the European Union (EU), the European Commission has warned that a return of the economy to...
MENA region needs urgent action to tackle COVID-19; IMF
The International Monetary Fund (IMF) has urged energy-rich Middle East and North African (MENA) countries to expedite reforms and diversification efforts as they continue...
Global employment rates took a dip in Q2 2020: OECD
The Organisation for Economic Cooperation and Development (OECD) has updated that the employment rate in OECD regions fell by 4 percent to reach 64.6...
