Oil prices post fourth monthly drop amid Russia-Ukraine uncertainty
Oil prices closed lower on Friday for a weekly gain but still posted a fourth straight monthly decline…
IMF warns Bahrain of rising government debt
The International Monetary Fund on Monday warned Bahrain of its rising government debt, urging the kingdom to adopt…
Influential Fed official puts December rate cut back on table
An influential voice at the Federal Reserve on Friday revived hopes that the US central bank will cut…
Syria’s economy showing signs of recovery, IMF says
Syria’s economy is showing signs of recovery nearly a year since the fall of Bashar Al Assad’s regime,…
IMF says strains are beginning to emerge in US economy
The International Monetary Fund said strains on the US economy are “starting to mount” as the nation comes…
Adnoc signs 15-year LNG supply deal with Shell for up to 1 million tonnes a year
Abu Dhabi’s Adnoc has signed a long-term sales and purchase agreement with a unit of British energy major…
Federal Reserve flying blind as rate-cut decision looms
The Federal Reserve is set to enter this week’s policy meeting with little clarity, as the US government…
UAE economy to outpace global average this year, says IMF
The UAE economy is projected to outperform the global average this year as it is expected to remain…
Trump attacks green energy policies and calls climate change a ‘con job’
Follow the latest UNGA updates here US President Donald Trump railed against the renewable energy movement during his…
Oil set for second weekly gain despite Trump’s call for lower crude prices
Oil prices are on course for a second weekly gain but they edged lower on Friday, as calls…
UAE GDP hits Dh455bn in first quarter as non-oil economy breaks another record
The UAE’s economy maintained strong momentum in the first quarter of 2025, with real gross domestic product rising…
Human capital critical to Saudi Arabia’s reforms, IMF official says
The International Monetary Fund said on Thursday that the workforce remains a key part of success for structural…