Worst economic crisis ever? Lebanon’s inflation exceeds 124%
In Lebanon, communication costs rose by 331% for households and enterprises, while...
Category Economy
Toyota, Honda give record pay raises to workers as Japan battles inflation
Toyota has traditionally been seen as a leading indicator of the spring...
Will Australia face recession? CBA, Treasurer answer
Australia Treasurer Jim Chalmers has now said that there are very encouraging...
Abu Dhabi: The fastest growing economy in MENA
Abu Dhabi has launched several initiatives recently to improve its legal frameworks,...
GBO
Magazine
ICP: Advancing Saudi Arabia’s industrial edgeSince its launch, the ICP has begun delivering tangible results across the industrial sector...
Carrefour predicts more profit despite high inflation
Carrefour's second-largest market in Brazil, increased by 9% at constant currency rates...
M&A becomes new arm for wealth funds to drive Middle East economy
The Middle Eastern sovereign wealth funds are growing, and the recent government...
Despite improved revenue show, recession cloud looms over Visa
Visa's sales went up by 12% to USD 7.9 billion, which is...
Pay raise amid recession: What is in minds of UAE and Saudi professionals?
More than seven in ten of the UAE employees polled, stated they...
Amid inflation, UK income disparity reaches its three-year high
According to the Office for National Statistics, the median household income for...
Data indicates rebound of US economy
How well the US economy does in 2023 will depend significantly on...