Economy
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Navigating uncertainty and risk in today’s global economy
According to a recent study by Saxo Bank, distinguishing between risk and uncertainty may seem straightforward, but it is crucial.…
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Gold prices: A barometer of geopolitical instability and economic fears
Gold prices slipped slightly on Monday, following up on last week’s declines. These drops have sparked a debate among investors…
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IMF approves $1.1 billion funding for Pakistan
The executive board of the International Monetary Fund approved $1.1 billion in funding for Pakistan on Monday, the agency said in a…
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Dubai to proceed with $35 billion expansion plan at Al Maktoum Airport
Dubai is proceeding with building a new passenger terminal at Al Maktoum International Airport in anticipation of a spike in…
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IMF chief urges reform to tackle ‘weak’ growth rate, ‘significant divergences’ at WEF
A “weak-by-historic-standards” global growth rate and “significant divergence across the world” are two “very serious problems” that need to…
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World Economic Forum: Saudi Arabia warns of economic fallout from Gaza war
Saudi Arabia on Sunday called for regional “stability,” warning of the effects of the ongoing Israel-Hamas war on global economic…
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Saudi open to alternate energy sources if economics are viable: Energy minister
Saudi Arabia is open to choices in energy provided that the economics are viable, the Kingdom’s energy minister said on…
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Hermes sees sales surge across regions
French luxury group Hermes posted a sharp rise in first-quarter sales on Thursday, driven by a strong performance in its…
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Reduction in storage battery costs to boost shift to renewables: IEA
An expected sharp fall in battery costs for energy storage in coming years will accelerate the shift to renewable energy from fossil…
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NATO chief says ‘not too late for Ukraine’ to beat Russia
NATO chief Jens Stoltenberg said Thursday it was “not too late for Ukraine to prevail” against Russia as long as…
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