Saudi Aramco reaches a 70% local content benchmark in its iktva programme, creating over 200,000 jobs and boosting GDP by $280 billion, aligning with Saudi Vision 2030 for economic diversification.
Major European companies like Bosch, Burberry, and Nestlé are cutting thousands of jobs due to sluggish demand, high costs, and global trade issues, impacting industries from auto to finance.
Official data reveals Britain's economy grew just 0.1% in Q4 2025, missing forecasts, with manufacturing as the sole bright spot while services stagnated and construction declined sharply.
Chinese factories and ports are operating at full capacity ahead of the Lunar New Year, with activity surging despite US tariffs. Orders and shipping volumes have jumped sharply, indicating resilience in trade.
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Saudi Arabia announces the Human Capability Initiative Conference 2026, themed 'The Human Code,' with the United Kingdom as the Country of Honor, focusing on global skill development.
The Network Readiness Index 2025 reveals the US as the top digital-ready economy for the fourth year, with European nations dominating the top 10. India improves its ranking to 45th globally, showcasing progress in network readiness.
Former US President Donald Trump commends the India-US trade agreement as a landmark achievement, predicting significant growth in American coal exports to India under the new pact.
The United States has entered a landmark trade agreement with Japan, South Korea, and India, aiming to significantly increase coal exports, as announced by former President Donald Trump.
European stocks advanced as Siemens Energy surged to a record high on strong earnings, while Dassault Systemes tumbled 20% on a weak outlook. The Stoxx 600 Index rose 0.3%, buoyed by positive US labor data, but AI disruption fears weighed on software and
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European stocks gained slightly as Siemens Energy and Heineken reported strong results, but software and insurance sectors tumbled due to AI disruption fears. The Stoxx 600 Index rose 0.1%.
Crude oil prices fluctuated alongside equities as traders assessed risks of supply disruptions in the Middle East ahead of the Netanyahu-Trump meeting. West Texas Intermediate traded above $64 a barrel amid tensions centered on Iran.
European stocks held steady with the Stoxx Europe 600 Index little changed. Kering SA surged 11% on better-than-expected Gucci sales, while BP Plc dropped 6.1% after halting share buybacks.
Global oil prices increased after the US advised ships to exercise caution near Iran, raising concerns over Middle East supply disruptions and geopolitical risks.
European stock markets advanced, driven by an 8.6% surge in Novo Nordisk shares after a US competitor halted sales of a copycat Wegovy weight-loss pill. The Stoxx Europe 600 Index gained 0.4%.
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A landmark report by 79 experts from 35 countries warns that current business practices are driving biodiversity loss, endangering human survival and hindering a sustainable future.
While the US dollar has experienced a recent decline and faces challenges from China's yuan, its position as the world's dominant reserve currency remains secure for the foreseeable future.
China and ASEAN countries mark the Chinese Spring Festival with joint cultural events, highlighting economic ties and regional cooperation in a festive display of unity.
China overtakes the US as the world's largest R&D spender in 2024, with India ranking 7th globally. Global R&D expenditure hits $2.87 trillion, driven by Asian growth.
Russia faces its worst labor crisis in decades, turning to India, Bangladesh, Sri Lanka, and China for workers. The economy needs 11 million more laborers by 2030, driven by demographics and the Ukraine war.
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Discover the salary needed to live comfortably in Dubai in 2026, with detailed estimates for singles, couples, and families, covering rent, education, and everyday expenses.
Major central banks adopt a cautious stance amid mixed economic signals, while emerging markets rebound sharply, offering growth and diversification opportunities for investors globally.
India's Union Budget 2026 strategically addresses global economic uncertainty while strengthening long-term growth foundations. With 7% GDP growth projected, resilient domestic demand, and expanding international partnerships, India emerges as a stabilizi
US Ambassador Greer welcomes a new trade deal with India, emphasizing tariff reductions and market access for farmers and entrepreneurs in both nations.
European stocks closed higher in a volatile session, led by a rebound in Novo Nordisk and strong construction shares, while autos lagged. The region's equity funds saw their largest inflows since April.
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Former US President Donald Trump claims tariffs created an 'American economic miracle,' but data reveals mixed outcomes, cherry-picked inflation figures, and questionable trade deficit reductions.
Despite promises to revive domestic manufacturing, official data shows US manufacturing jobs declined during Trump's second term, raising questions about tariff efficacy.
Following President Trump's 2025 'reciprocal tariffs', nations like Germany, UK, and Canada pivot to China, with German investment hitting a 4-year high of €7 billion. Chancellor Merz's upcoming visit underscores deepening economic realignments.
German exports to the United States fell sharply last year due to President Trump's tariffs, shrinking the trade surplus to a four-year low of 52.2 billion euros, while China regained its position as Germany's top trading partner.
Brazil's coffee production is projected to achieve an unprecedented record in 2026, driven by favorable weather and expanded cultivation, according to the National Supply Company (CONAB).
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A Federal Reserve Bank of New York analysis shows college graduates consistently outspend non-graduates, highlighting how educational attainment drives economic inequality in the U.S. K-shaped recovery.
