Economic

UK Inflation Drops, Paving Way for Interest Rate Cuts

London, UK -  The UK's inflation rate has fallen to 1.7%, below the Bank of England's 2% target, sparking widespread speculation about potential interest rate...

Global gold markets expect a special  growth rate from 2025 to 2033

Gold prices have seen significant fluctuations in recent years, influenced by various economic and geopolitical factors. As of the last quarter of 2024, the...

DP World to Develop Al Rawdah Special Economic Zone in Oman

In a significant move to expand its presence in the Middle East, DP World, a leading global provider of logistics and supply chain solutions,...

Qatar Airways’ Profit Soars to $2.1 Billion, Driven by Strategic Investments

Qatar Airways has announced a record-breaking 28% increase in annual net profit, reaching $2.1 billion for the 2024 financial year ended March 31. This...

Nippon Steel to Invest $14 Billion in US Steel Operations as Part of Merger Deal

Nippon Steel has announced plans to invest a substantial $14 billion in US Steel's operations as part of a proposed merger deal. This significant...

IMF Warns Pakistan of Potential Bailout Disruption Due to Rising Tensions with India

The International Monetary Fund (IMF) has cautioned Pakistan that escalating tensions with India could undermine the country's $1 billion bailout program. The warning came...

India-UK Free Trade Deal: A Boost to the Whisky Market

A landmark free trade agreement between India and the UK has been concluded, aiming to enhance bilateral trade between the two nations. The deal,...

US Credit Rating Downgraded by Moody’s Amid Rising Debt Concerns

Moody's Investors Service has downgraded the United States' credit rating to Aa1 from Aaa, citing rising debt and interest payments as key factors. This...

Tariffs and Trade Update: Potential Impact on Retail Prices

According to UCLA economics professor Lee Ohanian, major retailers like Walmart are likely to increase prices due to the implementation of tariffs. Tariffs, essentially...

Trump Urges Walmart to “Eat the Tariffs” Amid Trade Tensions

Washington- DC President Trump has publicly urged Walmart not to pass on the costs of tariffs to consumers, telling the retailer to "eat the tariffs"...

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