The Latest Breaking News from Economy

Prince Mohammed bin Salman, Crown Prince, Prime Minister and Chairman of the Council of Economic and Development Affairs, chaired a meeting for the council on Tuesday. The council reviewed several economic and development issues, including a presentation submitted by the Ministry of Economy and Planning regarding local and global economic…

NEW DELHI: Cash-strapped Pakistan economy is in dire states with plunging currency, soaring inflation, a balance of payments crisis, diminishing forex reserves all amid political chaos and a deteriorating security situation.

Poorly enforced regulations may have exacerbated tragedy in a country whose economy relies on construction

Investor optimism has increased considerably in the past few weeks thanks to cooling inflation figures, the Fed’s downshift on monetary tightening, and fading recession fears. Moreover, a strong job report reflects a fairly resilient economy. As the prospects for the global economy are improving, investors could consider buying fundamentally strong…

A mother has sparked outrage after revealing how her partner lied and booked the cheapest seats for her and their toddler on a long-haul flight while he had a luxury seat

As European countries struggle to reach their targets on reducing carbon emissions, one small landlocked country in central Asia stands as an example to the world. With nearly three quarters of its territory covered by woodland, Bhutan, with a population of around 780,000, claims to be a carbon-negative economy. As…

Saudi ministers have revealed the Kingdom’s determination to harness technology in diversifying the economy, with the launching of new investments and activating the full potential of the fourth industrial revolution technologies in various sectors. Speaking during a session held on the first day of the LEAP 2023 conference in Riyadh,…

With the launch of the LEAP Tech 2023 conference - the largest global gathering for technology and digitization developments – on Monday in Riyadh, Saudi Arabia unveiled investments exceeding $9 billion to support future technologies and emerging companies in the Kingdom. More than 700 experts, scientists and specialized companies from…

British Prime Minister Rishi Sunak reshuffled his cabinet on Tuesday, breaking up two departments to better suit his pledges to spur the economy, reduce energy prices and turn around his party's fortunes before an election expected next year.