Archive / Economy - 2022
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Tunisia has made 'good progress' on economic policies and reforms, IMF saysTunisia has made “good progress” on economic policies and reforms to be supported by an International Monetary Fund programme and discussions will continue over the...China Renaissance considers investments in high-growth Middle East companiesChina Renaissance, a Chinese asset management and investment banking company, is looking at potential investments in high-growth Middle Eastern companies, its chief executive has said....Royal Mail seeks to slash costs by £350m after missing profit targetRoyal Mail on Thursday identified £350 million ($432.92 million) in cost savings this year to battle inflationary pressures and the slowing British economy after the...Dubai adds 98 new economic activities in 2021 amid recoveryDubai added 98 new economic activities in 2021, up 88 per cent from the previous year, highlighting the emirate's rapid recovery from the coronavirus-induced headwinds.The...Lebanon and IMF begin talks on rescue packageLebanese officials began much-delayed talks with the International Monetary Fund on Monday about support measures to lift the country out of its extreme economic crisis."We...Yellen says substantial inflation slowdown expected next yearUS Treasury Secretary Janet Yellen delivered a rosy outlook for the economy, with fading inflation and the potential for higher long-term growth. While acknowledging that...Poland plans VAT reduction to offset inflationPoland will cut value added tax on gas, food and petrol as part of a second package of measures to soften the blow from surging...'Historic day' for US economic recovery after unemployment dipsPresident Joe Biden called Friday's unemployment figures a “historic day” for the US recovery from 2020's pandemic-induced recession.The US Labour Department said on Friday that...