German exports to Iran increase 12.7%
Germany’s exports to Iran rose 12.7 percent year-on-year from January to November 2022 to around 1.5 billion euros ($1.6 billion), data from the country’s...
World Bank to warn of Global Recession risk
The World Bank is concerned that “further adverse shocks” could push the global economy into recession in 2023, with small states especially vulnerable, informs...
Greece: Maintain reform momentum as recovery slows amid global headwinds
Greece’s strong economic rebound from the COVID-19 crisis is being put to the test by surging energy and food prices and renewed global uncertainty,...
Algerian Economy: Staying the Course for Transition
Algeria's economy continued to recover in the first half of 2022, led by a return of oil production to pre-pandemic levels and a continued...
FT: UK faces worst and longest recession in G7
The UK will face one of the worst recessions and weakest recoveries in the G7 in the coming year, as households pay a heavy...
Iran, UAE to accelerate port, maritime, transit cooperation
As the PMO portal reported, during the meeting Saif Mohamed Obaid Jasem Al Zaabi underlined the capacities of UAE companies for port and maritime...
Arab region registers world’s highest unemployment rate
According to the latest UN survey, released on Friday, the Arab region registered a 12 per cent unemployment rate in 2022, the highest in...
European Single Market is turning 30
This year, the EU celebrates the 30th anniversary of its Single Market – one of the major achievements of European integration, and one of...
Chinese deals for London property: no friendship, no investment
London, which has long attracted huge swathes of foreign investment and drew in the most capital inflows of any global city in the first...
Gold buyers binge on biggest volumes for 55 years
Central banks are scooping up gold at the fastest pace since 1967, with analysts pinning China and Russia as big buyers in an indication...