UK inflation jumps to 3% as transport and food prices surge
UK inflation surged to 3% in January, surpassing forecasts, with rising transport and food costs fueling the increase, according to the Office for National Statistics....
Tag : economic growth
Europe unveils €150 billion AI investment to boost innovation
Europe is committing €150 billion to AI investment, aiming to accelerate innovation, drive economic resilience, and strengthen strategic sovereignty across key industries....
Japan logs historic $193 billion current account surplus in 2024
Japan recorded a record $193 billion current account surplus in 2024, fueled by strong foreign investment returns, a weak yen, and an improving trade balance,...
Russia’s economy grows by 4.2% in first eight months of 2024
Russia's GDP grew by 4.2% in the first eight months of 2024, driven by expanding international trade and stronger economic partnerships with 'friendly' nations....
Vietnam’s food and beverage market to see strong growth in 2024
Vietnam’s food and beverage sector is expected to reach $29.8 billion in revenue by 2024, with a 10.92% growth, driven by increasing consumer confidence and...
UAE airports handle over 71.7 million passengers in the first half of 2024
UAE airports saw a 14.2% increase in passenger traffic in H1 2024, handling over 71.7 million passengers, marking a strong recovery for the aviation sector...
Oxford Economics forecasts 4.8% growth for UAE economy by 2025
UAE’s economy will expand by 4.8% by 2025, according to Oxford Economics, driven by growth in the non-oil sector, including tourism, real estate, and foreign...
India to surpass US as second largest world economy by 2075, predicts Goldman Sachs
In a groundbreaking report published on Monday, Goldman Sachs predicts that India is poised to surpass not only Japan and Germany but also the United...
Modi’s historic visit paves way for stronger US-India bonds
During a momentous meeting at the White House, President Joe Biden and Prime Minister Narendra Modi penned a new chapter in US-India relations. The event...
UAE’s aviation sector soars: 31.8 million passengers in Q1 2023
The Central Bank of the UAE (CBUAE) has announced in its recent Quarterly Economic Review that UAE airports welcomed a whopping 31.8 million passengers in...