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A service for global professionals · Monday, August 2, 2021 · 547,832,017 Articles · 3+ Million Readers
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  • Published on Aug 1, 2021

    Saudi Arabia’s Economy Poised to Grow in 2021, 2022

    The new forecasts are further evidence that the Saudi economic recovery has taken off in 2021. At the start of the year, the Kingdom’s Ministry of Finance said that it expected 3.2 percent growth this year — reversing the pandemic-driven downturn of 2020. …

    Source: Al Bawaba - Neutral
  • Published on 07:20 GMT

    Crypto News Recap: Ethereum Turns 6, Binance Regulatory Troubles Continue

    It seems that COVID measures are not the only thing governments are loosening this summer, because it's very clear that things have been heating up for the CBDCs.  You might think I'm hallucinating given all the anti-crypto and mining policies' …

    Source: Al Bawaba - Neutral
  • Published on Aug 1, 2021

    Saudi lender Al Rajhi reports 48% rise in Q2 net income

    Al Rajhi Bank, Saudi Arabia's second-biggest lender, posted a 48% jump in quarterly profit, helped by an increase in net financing and investment income, and fees from banking services. The bank reported a net profit of 3.6 billion riyals ($959.92 …

    Source: Economic Times - Uncategorized
  • Published on 09:36 GMT

    The best and worst places to be during the pandemic right now – where South Africa ranks

    Bloomberg has published its new Covid Resilience Ranking, a barometer that ranks the largest 53 economies on their success at containing the virus with the least amount of social and economic disruption. In formulating the ranking, Bloomberg considers 12 …

    Source: News (South Africa) - Uncategorized
  • Published on 04:33 GMT

    Nigeria’s loans from World Bank, AfDB rise to $14.35bn under Buhari

    Amarachi Orjiude and Sami Olatunji Published 2 August 2021 Nigeria’s liabilities to the World Bank and the African Development Bank rose from $7.14bn to $14.25bn between June 30, 2015 and March 31, 2021, data obtained from the Debt Management Office have …

    Source: Punch - Neutral
  • Published on Aug 1, 2021

    Key question marks hanging over global markets in 2021

    The Herald BEIJING. – As the pandemic-battered global economy slid into a severe recession in 2020, global markets have turned more sensitive, with wild volatility seen from risky assets, notably stocks, to safe havens, such as gold. Further development …

    Source: The Herald (Zimbabwe) - Pro-Government
  • Published on Jul 30, 2021

    IMF Managing Director Kristalina Georgieva Appoints Catriona Purfield As Director Of Human Resources

    International Monetary Fund Managing Director Kristalina Georgieva announced today her intention to appoint Catriona Purfield as Director of the Fund’s Human Resources Department. Ms. Purfield, who is currently Deputy Director of the IMF’s African …

    Source: Mondovisione - Neutral
  • Published on Jul 30, 2021

    Will a billionaire fix Lebanon’s economy?

    “He has about a 50-50 chance of forming a government,” says one analyst of Najib Mikati who became Lebanon’s prime minister designate on Monday. Should he succeed, Mikati has made his economic policy clear: “I am going to put out the fire,” he told …

    Source: Cyprus Mail - Neutral
  • Published on Jul 29, 2021

    Tunisia-Lebanon 'Shake up' For Better Days!

    The Lebanese parliament concluded consultations on Monday on the appointment of ex-Premier Najib Mikati to head a fully-fledged government to tackle the country's economic collapse, while Tunisians celebrated the dismissal by President Kais Saied of …

    Source: Al Bawaba - Neutral
  • Published on Jul 29, 2021

    IMF revises Pakistan’s GDP growth to 3.9%

    Pakistan’s real Gross Domestic Product (GDP) growth rate was revised up to 3.9 percent by the International Monetary Fund (IMF) on Tuesday. In its World Economic Outlook report 2021 (update), the IMF said, “Projections are revised up for the Middle East …

    Source: Pakistan Observer - Pro-Government
  • Published on Jul 29, 2021

    UAE demands its $2bn back; Imran Khan's ministers go on excuse spree [details]

    Pak-controlled drones again spotted near Jammu airport The United Arab Emirates is now demanding Pakistan return the money it owes. The Abu Dhabi Fund for Development and provided $2 billion as a loan in two tranches in January and March 2019. The full …

    Source: International Business Times - Neutral
  • Published on Jul 28, 2021

    IMF acknowledges robust economic activity in Pakistan

    ISLAMABAD: The International Monetary Fund (IMF) has acknowledged Pakistan’s stronger economic activity and kept the global growth forecast largely unchanged at six per cent for the current year and 4.9pc for the next year. In its World Economic Outlook ( …

    Source: Dawn - Neutral
  • Published on Jul 27, 2021

    EU urges Lebanon’s new PM to form government ‘without delay’

    The European Union has urged Lebanon’s ruling parties to form a government without delay after one of the country’s richest men was appointed to be prime minister. Najib Mikati, a billionaire who has twice served as premier before, was tapped to the post …

    Source: The Independent - Neutral
  • Published on Jul 27, 2021

    News24.com | EXPLAINER | Tunisia crisis: Will it end Arab Spring's democratic success story?

    Supporters of Kais Saied chant slogans as they lift fist in front of the riot police. Chedly Ben Ibrahim/NurPhoto via Getty Images Tunisia has seen clashes after its president sacked the country's prime minister and suspended parliament for 30 days …

    Source: News24 - Neutral
  • Published on Jul 27, 2021

    IMF warns of growing poverty, unrest and geopolitical tensions

    The global economic recovery continues, but with a widening gap between advanced economies and many emerging market and developing economies thanks to vaccine inequity and a lack of fiscal support, the International Monetary Fund (IMF) warned on Tuesday …

    Source: News (South Africa) - Uncategorized
  • Published on Jul 27, 2021

    Uncertainty remains high: IMF

    The International Monetary Fund warned on Tuesday that "uncertainty remains high" as it maintained a six per cent global growth projection for 2021 while cutting its forecast for several developing nations, including India, struggling with …

    Source: Khaleej Times - Uncategorized
  • Published on Jul 27, 2021

    Vaccine inequality widening global recovery gap, says IMF

    The International Monetary Fund (IMF) maintained its outlook for the biggest rebound in global economic growth in four decades while changing underlying regional forecasts, with unequal access to vaccines further widening the recovery gap between advanced …

    Source: BusinessLIVE - Uncategorized
  • Published on Jul 27, 2021

    Global recovery gap widens on unequal vaccine access, IMF says

    The International Monetary Fund maintained its outlook for the biggest rebound in global economic growth in four decades while changing underlying regional forecasts, with unequal access to vaccines further widening the recovery gap between advanced and …

    Source: Mint - Neutral
  • Published on Jul 27, 2021

    What does the new prime minister designate mean for Lebanon? – analysis

    After almost two weeks of political freefall following the resignation of former prime minister Saad al-Hariri, on Monday, the Lebanese parliament designated Najib Mikati to form a government. Billionaire Mikati will be the third politician in a year to …

    Source: Jerusalem Post - Neutral
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