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The country's growth rate for 2024 has been revised up to 2.7 percent by research firm
The President of WTTC praised the UAE for their efforts in utilising travel and tourism to promote sustainable development
This reflects the continued recovery of the Asia and Pacific (APAC) region from the impacts of the COVID-19 pandemic
In 2019, Chinese tourists spent $248 billion abroad, accounting for 14 percent of global tourism spending
Imports declined 2 percent year-on-year to $53.1 billion, resulting in a trade surplus of $4.96 billion
Until this month, Eurozone inflation had been steadily declining towards the ECB's 2 percent target
The labor market remains an uneven playing field, particularly for women
In just two years, debit cards have surpassed cash as the preferred payment option among Spanish-speaking Latin Americans
Q1 GDP growth was a sharp slowdown from Q4 2023's 3.4 percent pace
The CPI excluding volatile items and holiday travel stayed at an annual 4.1 percent
China's economy saw robust 5.3 percent growth in Q1 driven by strong exports
Consumers' 12-month inflation expectations rose to 5.4 percent from 5.3 percent in April
Data from the National Bureau of Statistics reported that this growth rate was the same as that registered in the first quarter
The trade balance has shown a surplus for 3 consecutive quarters, after a period of deficit from Q4 2021 to Q2 2023
The manufacturing and processing sector grew by 6.3 percent, contributing 5.5 percentage points to the overall increase
This represents an 18.7 percent increase compared to the same period last year
Yen weakness fuels speculation of early BoJ rate hike
In January 2023, the UAE agreed to roll over an existing $2 billion loan and provide an additional $1 billion to Pakistan
Higher crude oil prices and a sharp drop in the value of the yen boosted the cost of imports, offsetting robust growth in exports
Consumer price inflation came in higher than expected at 4.0 percent in the first quarter of the year
Services inflation eased only slightly to 5.9 percent from 6 percent, missing the 5.5 percent forecast
China accounted for three-quarters of the total investments in this field, according to the report
For April alone, fiscal revenue fell 3.7 percent against a 2.4 percent decline in March
The projected inflation rate for 2024 has been revised upwards to 3.70 percent
