Search Results for: economy
EU tax rules are not currently prepared for the digital economy
May 9th, 2017
European tax rules are not currently prepared for the digital economy. They need to be adapted to reality in order to offer the people of Europe a more prosperous future. This was the main message of the European Economic ...
Germany’s booming economy shifts into overdrive
May 3rd, 2017
Europe’s largest economy, Germany, is seeing trade surge with a sharp increase in demand for goods ‘Made in Germany’ around the world. The rise comes despite protectionist rhetoric from Washington. In the first two months of 2017, overall German ...
What set to be the driving force for the Middle East economy
April 13th, 2017
The aviation and tourism industry in the Middle East is set to be a driving force for the region’s economy, according to the 6th Arab Aviation Summit’s white paper report released today. The region is expected to deliver a ...
What economists expect to benefit the UAE economy this year
April 6th, 2017
Robust global trade growth to benefit UAE economy in 2017 Recovery in global trade flows combined with improving demand conditions in the GCC markets, especially Saudi Arabia, is expected to benefit the UAE economy this year, according to economists. ...
Brazil’s economy enters worst recession on record
March 8th, 2017
Latin America’s largest economy Brazil has contracted by 3.6 percent in 2016, shrinking for the second year in a row; statistics agency IBGE said on Tuesday. It confirmed the country is facing its longest and deepest recession in recorded ...
Russian economy to grow 2% this year – economic development minister
February 28th, 2017
Russia’s Gross Domestic Product (GDP) is due to return to sustainable growth in 2017, according to Economic Development Minister Maksim Oreshkin. “The recent data about freight turnover, electricity consumption and other things which we see at the beginning of ...
What will help the UAE economy adjust to lower oil price
February 16th, 2017
The International Monetary Fund has issued a press release to make publish a Statement by IMF Managing Director Christine Lagarde at the Conclusion of Her Visit to UAE. It is key to develop a medium-term strategy to generate government ...
OECD: The Portuguese economy is gradually recovering from a deep recession
February 8th, 2017
The Portuguese economy is gradually recovering from a deep recession thanks to a broad structural reform agenda that has led to rising economic growth, falling unemployment and remarkable progress in export performance. Maintaining momentum for further reforms is crucial ...
China’s economy grows 6.7% in 2016
January 20th, 2017
China’s economy grew by 6.7 per cent in 2016, compared with 6.9 per cent a year earlier, according to official data, marking its slowest growth since 1990. The figure is in line with Beijing’s growth target of between 6.5 ...
Japan’s stagnant economy sees daylight ahead
December 29th, 2016
Factory output data released by Japan’s trade ministry shows signs of economic recovery after decades of stagnation. Industrial production grew by 1.5 percent this month over November, slightly below the 1.6 percent predicted by experts. The figure followed a ...
