Tag Archives: forecast

IMF global growth forecast gives Davos an upbeat start

Related Articles LONDON: The International Monetary Fund (IMF) on Monday upgraded its forecast for world economic growth this year and next as global leaders and businesspeople descended on the Swiss mountain resort of Davos.The IMF said that growth in the ...

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Dubai office supply forecast to top 9m sq m by end-2018

Total office supply in Dubai reached 8.86 million sq m in the fourth quarter of 2017, according to a new report. Real estate consultants JLL said consolidations are continuing across various sectors of the market, with tenants trying to reduce ...

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India’s rice exports forecast to hit record 12.3 million tons, thanks to Bangladesh

Related Articles MUMBAI/DHAKA: India’s rice exports likely jumped 22 percent in 2017 to a record 12.3 million tons as neighboring Bangladesh ramped up purchases after flooding hit its crops, industry officials said.The boost in shipments from the world’s top exporter ...

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North Korea likely to pursue talks, South says in rosy New Year forecast

SEOUL (Reuters) – South Korea predicted on Tuesday that North Korea would look to open negotiations with the United States over its weapons programs next year and pursue at least some rapprochement with Seoul in an optimistic government outlook for ...

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Dubai economy forecast to grow by 3.5% in 2018

Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and chairman of Dubai Executive Council, has approved the Dubai Economic Report 2017. The report, issued by the Dubai Economic Department, forecasts Dubai’s economy to grow 3.2 percent ...

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Warning to UAE drivers as heavy rain forecast over weekend

The National Meteorological Centre (NMC) on Thursday urged motorists to take extra caution while driving during the expected heavy rain periods over the weekend. It said the country will experience a “fluctuation and instability in weather conditions” from Friday to ...

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Japan’s third-quarter GDP growth beats forecast, grows twice as fast

Related Articles TOKYO: Japan’s economy grew twice as fast as originally estimated in the third quarter thanks to big gains in capital expenditure, revised data showed on Friday, with expansion seen to continue thanks to buoyant exports.The economy grew an ...

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SMEs in Gulf forecast to see 156% growth over next 5 years

Small and medium enterprises (SMEs) in the GCC region are forecast to grow by 156 percent in the next five years, with the sector set to be worth $ 920 billion. According to a new study by MENA Research Partners ...

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