The ongoing regional conflict has deepened Yemen’s already acute humanitarian and economic conditions, leading to further contractions in GDP and rising inflation.

ABU DHABI, 23rd January, 2025 (WAM) – The International Monetary Fund expected UAE's near-term growth to remain healthy at around 4 percent in 2025, despite lower-than-expected oil production related ...

The Bangladesh Bank issued a roadmap for scheduled banks to implement an expected credit loss (ECL) methodology-based provisioning system that aligns with international financial reporting standards ...

Argentina’s sharp economic reforms cut inflation but pushed more than half the population into poverty, raising questions about President Javier Milei’s austerity drive. Monthly inflation dropped to 2 ...

The World Economic Forum, colloquially called "Davos" after the location at which it's hosted in the Swiss mountains, is a yearly meeting of elites.

Pakistan has decided to formally convey to the International Monetary Fund (IMF) the planned rebasing of electricity tariff to seek the lender's consent to avoid a double financial strain on ...

The U.K. is prepared to announce new measures to ensure it meets its fiscal rules in March, Treasury Chief Rachel Reeves said Thursday. The left-of-center Labour Party set out its new rules in October ...

"International reserves as of the close of business on January 17, 2025 stood at $609.7 bln, having increased over the week by $2 bln or by 0.3%, predominantly as a result of positive revaluation," th ...

Poland's foreign minister said Putin used to criticize the Soviet approach that helped bankrupt it, but now he's repeating ...

Strong economic growth continues, underpinned by robust domestic activity. Although the outlook is subject to heightened global uncertainty, ongoing reform efforts are expected to support medium-term ...

Saudi Arabia’s Crown Prince Mohammed Bin Salman told President Donald Trump he’s willing to expand investments and trade with ...