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News Analysis

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World Economic League Table 2016 Highlights

29/12/2015(0)
Slower Chinese GDP growth and a weaker currency mean that China is now forecast to overtake the US in 2029 compared with 2025 in last year’s forecasts. Japan has ... Read More
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Spain and Italy receive economic recovery boost

29/12/2015(0)
Spanish shops are now hiring at pre-crisis levels, while business confidence is also holding up in Italy, according to official figures. Spain’s national statistics agency said retail hiring in ... Read More
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Saudi Arabia Set to Announce 2016 Budget Amid Oil Plunge

28/12/2015(0)
Budget is 1st under King Salman, may see capital spending cut Kingdom may post a budget deficit of 20% of GDP this year Saudi Arabia, seeking to cope with ... Read More
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Cyprus Can Boost Shipping’s Role in Economy, Wilbur Ross Says

28/12/2015(0)
Government’s targets are achievable, billionaire investor says Cyprus to be more aggressive in seeking shipping business Cyprus’s target to increase the contribution that shipping makes to its economy by ... Read More
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India puts brakes on Facebook’s Free Basics scheme

28/12/2015(0)
Facebook‘s effort to provide Indians with free access to a limited number of internet services has run into trouble. India’s telecoms regulator has asked the mobile network that partnered ... Read More
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OPEC: $95 Oil, But Not Until 2040

28/12/2015(0)
This week opened with the average global price of oil at an 11-year low, yet OPEC expects its own producers eventually will cut back on production, causing prices to ... Read More
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Ukraine set to lose preferential trade with Russia after failed last-minute talks in Brussels

22/12/2015(0)
Following a failed round of negotiations in Brussels, Russia will inevitably suspend the free trade agreement with Ukraine within the Commonwealth of Independent States, once a trade deal between ... Read More
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Japanese economy forecast to grow 1.7% in fiscal 2016

22/12/2015(0)
The Japanese economy is expected to grow about 1.7 percent in real terms in fiscal 2016 starting next April, led by recovering consumer spending and solid capital investment, the ... Read More
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QNB Group enters into definitive agreement with National Bank of Greece to acquire its 99.81% stake in Finansbank – Turkey

22/12/2015(0)
QNB Group, the largest financial institution in Qatar and the Middle East and North Africa Region, announces that it has entered into a definitive agreement with National Bank of ... Read More
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Saudi Arabia’s government is looking at smart, alternate revenue sources

21/12/2015(1)
Saudi Arabia’s foreign reserves are a confidence booster but undoubtedly the government is looking at smart, alternate revenue sources that will not erode the country’s competitive advantage, say economists. ... Read More
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