Browsing: Economy

An expert from a leading international financial audit firm has voiced optimism for strong growth in the Qatar economy for several years to come on account of its huge investment in oil and gas as well as the Qatar National Development Strategy 2024-2030.

Klaus Schwab, the founder of World Economic Forum, will reportedly transition to role of non-executive chairman

RIYADH: A comprehensive and integrated approach is needed to ensure energy security amongst citizens, according to the Assistant Secretary-General and Head of the Economic Affairs Sector at the Arab League, Ali Al-Maliki.

The report was issued following the visit to the country by International Monetary Fund (IMF) team led by Ran Bi, to gather facts on recent economic and financial sector developments, the outlook and the authorities’ policy actions and plans

The Planning and Statistics Authority of Qatar data showed an increase in the Mining sector by 4.8% compared to the previous month

Fresh signs of a cooling economy calmed inflation worries in May, helping all three major U.S. stock indexes rise to records this week

NEW YORK – A world stock index rose for a seventh straight session and U.S. Treasury yields also gained on Friday as investors tried to assess the timing of potential interest rate cuts by the Federal Reserve this year.

The euro was little changed at $1.0871, not far from the nearly two-month high of $1.0895 it touched last week

The IMF had projected GDP growth for the Gulf oil exporter at 3.5% in 2024 in its most recent Regional Economic Outlook report, published in April

Several executives who served under Dimon have gone on to run other major financial institutions, making his succession plans a longtime subject of speculation