ABIDJAN, 30th September, 2023 (WAM) – Ahead of the 28th United Nations Conference on Climate Change (COP 28), the African Development Bank Group has launched country-by-country economic reports to guide African policymakers in their discussions at the global event. The new Country Focus Reports (CFRs) provide analysis and policy recommendations to strengthen countries’ active participation...
Tag: Growth
Vietnam reports Q3 GDP growth of 5.33% y/y – statistics office By Reuters
HANOI (Reuters) – Vietnam’s gross domestic product is expected to have grown 5.33% in the third quarter from a year earlier, according to data released by the country’s statistics agency on Friday. The reading is faster than an expansion of 4.05% in the second quarter, but slower than a growth of 13.71% in the same...
Nextera Energy Partners Refocuses Growth Strategy Amid Interest Rate Pressures By Investing.com
© Reuters. Shares of NextEra Energy (NYSE:) Partners took a significant hit on Wednesday, falling 16% to $39.61. This latest drop contributes to a year-to-date decline of 44%, marking the most substantial decrease in over three-and-a-half years. CEO John Ketchum attributed the company’s recent struggles to higher interest rates and tighter monetary policy. These macroeconomic...
UAE Leverages the Power of AI and Expand the Possibilities for Business Growth
UAE, a country of innovations and dynamic creations, has been at the forefront of harnessing AI’s potential. In almost all newly edged campaigns and inaugurations, like AI-powered traffic signals, chatbots-enabled healthcare services, and e-universe. We have seen the use of AI by the UAE and how it is turning the country into the center of...
Italy’s government meets on budget as growth weakens, deficit rises By Reuters
© Reuters. FILE PHOTO: Italian Prime Minister Giorgia Meloni looks on, on the day of the state funeral of the former Italian President and senator, Giorgio Napolitano in Rome, Italy, September 26, 2023. REUTERS/Yara Nardi/File Photo By Giuseppe Fonte and Gavin Jones ROME (Reuters) – The Italian government will meet on Wednesday to set the...
Thai central bank raises key rate, cuts growth outlook By Reuters
BANGKOK (Reuters) – Thailand’s central bank unexpectedly raised its key interest rate for an eighth straight meeting on Wednesday, despite slowing economic growth, below-target inflation and rising global uncertainties. The Bank of Thailand’s (BOT) monetary policy committee voted to hike the one-day repurchase rate by 25 basis points to 2.50%. The rate has now been...
Russian trade, remittances boost Central Asia growth prospects – EBRD By Reuters
By Jorgelina do Rosario LONDON (Reuters) – Central Asian economies from Mongolia to Kazakhstan and Uzbekistan will see strong growth this year and next thanks to rising trade and remittance flows from Russia, the European Bank for Reconstruction and Development (EBRD) said on Wednesday. Central Asia saw the largest upward revision of all EBRD regions...
India to hold top spot for economic growth but risks to downside remain By Reuters
© Reuters. FILE PHOTO: A bird flies across central Mumbai’s financial district skyline, India, June 18, 2019. REUTERS/Francis Mascarenhas/file photo By Milounee Purohit BENGALURU (Reuters) -India will be the fastest-growing major economy this fiscal year, supported by government spending ahead of May’s general election, according to a Reuters poll of economists who did say the...
US annual home price growth accelerates in July By Reuters
© Reuters. A construction in a multifamily and single family residential housing complex is shown in the Rancho Penasquitos neighborhood, in San Diego, California, U.S., September 19, 2023. REUTERS/Mike Blake By Amina Niasse NEW YORK (Reuters) -U.S. annual home price growth accelerated for a second straight month in July, signaling that softening prices in the...
Deliverect Observes Continued Growth With Impressive H1 Results – Construction Business News Middle East
Share Tweet Share Whatsapp Email Deliverect, an all-in-one digital solution that seamlessly integrates and consolidates online orders in the global food service industry, has released its H1 report detailing its ongoing successes during the first half of 2023. In line with its expansions in Q2, Deliverect acquired ChatFood – a powerful tool to support social...