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This data supports the ECB's plan to start cutting eurozone interest rates in June after inflation falls slightly above its 2 percent target
The UAE-Austria non-oil trade volume grew 18 percent YoY, hitting $1 billion in the first nine months of 2023
Economists attributed the sharp decline to the earlier timing of the Easter holidays this year
IMF projects a GDP growth rate of 3.2 percent for Russia
Tourism boosts country’s economy, but lower exports and consumption weigh on growth
Officials highlighted that the ECB's decisions hinge on incoming data, especially regarding wages, profits, and productivity
The two companies set to launch pilot project in Abu Dhabi by end of 2024
ECB ready to adapt monetary policy stance if current trends persist
40 percent of Spain's investments in Saudi Arabia over the past 10 years has been in the real estate sector
House prices show smallest drop in 8 months
Investors lower expectations for the scale and timing of future rate cuts
Efforts target marine pollution, sustainable fisheries and blue economy investments
EIB signed €88 billion in new financing for over 900 projects in 2023
The unemployment rate in the country stood at 3.9 percent in the three months to January
The consumer prices increased by 2.7 percent year-on-year in February 2023
Driven by lower growth in the prices of food, services, tobacco, energy, and manufactured products
The country’s economic growth estimates align with the state budget, slightly lower than election promises
Economy Middle East takes deep dive into most sought-after Swiss Ski Resorts
