IMF - Global Business Magazine

Inflation in GCC Region Likely to Drop in 2023 and

Global Business Magazine May 30, 2023

Several measures initiated by the GCC countries ensured that Inflation remained relatively low in the region in 2022 despite averaging higher than estimates Read More

IMF Economy Featured Finance News World

IMF Says Global Economic Recovery Endures but Its Not an

Global Business Magazine April 12, 2023

The International Monetary Fund (IMF) on Tuesday said that the global economy’s gradual recovery from both the pandemic and Russia’s Read More

Energy News World

Oil steady on the week as oil supply risks meet

Global Business Magazine May 20, 2022

Oil prices were largely steady on Friday and on course for little change on the week as a planned European ban on Read More

Finance Featured News Regional

UAE’s GDP to grow by 3.3% in 2023

Global Business Magazine May 12, 2022

The Central Bank of the UAE (CBUAE) expects the country's total GDP to grow by 3.3% in 2023. The Central Bank also estimated the Read More

Banking News World

Analysis: Banks face reversal of fortune from war and runaway

Global Business Magazine May 6, 2022

Global banks are taking steps to weather the wider impact of war and runaway inflation as the stream of central bank money Read More

Economy Featured News Regional

Saudi Arabia to become $1 trillion Economy in 2022

Global Business Magazine May 5, 2022

The Saudi Arabia economy is all set to exceed $1 trillion in 2022 for the first time in its history, according to International Monetary Read More

Economy Featured News Regional

Russia-Ukraine war impacts GCC economies, says IMF

Global Business Magazine April 26, 2022

The ongoing Russia-Ukraine conflict has taken a toll on growth of economies of the GCC countries, according to the International Monetary Fund (Read More

Energy News World

High oil prices to power Gulf economies amid inflation risks

Global Business Magazine April 26, 2022

The Gulf Cooperation Council's (GCC) economic growth will accelerate this year to a pace not seen in a decade, according to a Read More

Business Featured News Regional

UAE xxtends $2 billion loan repayment deadline for Pakistan

Global Business Magazine April 5, 2022

The United Arab Emirates (UAE) has rolled over $2 billion debt for one year for Pakistan after the latter’s central bank called Read More

Banking Featured News Regional

Political impasse in Lebanon, accounting regulations wreak havoc on the

Global Business Magazine March 29, 2022

Due to a political impasse, currency volatility, and a new accounting regulation imposed on its Lebanese affiliate Emirates Lebanon Bank (EL Bank), Read More

Tags :IMF