Tag: economy
Charting the World Economy: 2020 Banking on Friendlier Trade
(Bloomberg) --Policy makers from around the world are hoping America’s freshly inked trade agreements will help spark an improvement in the global economy this...
Oman 2020: Signs of pick-up
Oman’s economy is expected to grow at a faster pace in 2020, partly on the back of lower interest rates and a more supportive...
Bahrain Economy Grows 1.6% in Q3 2019, Led by Non-Oil Sectors
Bahrain's economy grew by 1.6% in the third quarter of 2019, led by non-oil sector growth. The sector grew by 2% year-on-year (YoY), said the...
Will You Give Up Facebook for a Month & Help Economists Fix GDP
(Bloomberg) --Would you give up Facebook for one month in exchange for $50?
The question, posed by MIT’s Erik Brynjolfsson and four co-authors of a...
Providing the impetus for growth: Sayyid Wasfi bin Jamshid Al Said, Acting CEO of...
Cost of funds in the banking sector will remain a key focus in 2020 as banks compete for a lower cost and a more...
Saudi Plan to Wean Off Oil Sees Success Even as Economy Stalls
(Bloomberg) --Saudi Arabia’s economy shrank 0.5% in the third quarter, a contraction that was broadly expected even as the kingdom’s goal of weaning itself...
Middle East Economy To Recover in 2020 With Help From Oil & World Expo
The Middle East economy is expected to recover in 2020 following a year of slow growth in 2019. Oil will continue to be the...
Top Turkey Bankers Say They Were Fired on Regulators’ Orders
(Bloomberg) --Turkish authorities have extended their campaign against perceived political enemies into the $750 billion financial industry.
Eleven former senior executives of non-state banks told...
World Economy Haunted by Risk Just Got a Double Shot in the Arm
(Bloomberg) --Dogged for most of 2019 by trade tensions and political risk that hammered business confidence, the outlook for global growth will enter 2020...
Gold’s impressive growth may spill to 2020
(Bloomberg) --Gold’s impressive advance in 2019 -- aided by trade war frictions, easier monetary policy across the world’s leading economies and sustained central-bank buying...
