UAE wealth set to hit $6 trillion in 2030 despite short-term war volatility
Net wealth in the UAE is set to jump to $6 trillion by the end of this decade…
US, European yields unlikely to fall soon, economists say
Borrowing costs are likely to remain elevated across the US and Europe for the foreseeable future, economists said.…
Dollar hovers near 18-month high as Gulf unrest, US inflation keep investors on edge | Consumer
By Amanda Cooper and Laura Matthews NEW YORK/LONDON, Oct 12 (Reuters) – The dollar held near an 18-month…
Inflation will remain sticky in 2026, according to prediction markets
Customers shop at a grocery store on Sept. 10, 2026 in Chicago, Illinois. Scott Olson | Getty Images…
China’s peak-season auto sales flop with sharpest monthly drop of year
Automobiles ‘Golden September’ loses luster, underscoring growing reliance on exports A BYD dealership in Shanghai: Chinese automakers face declining…
Radical economic policies in Argentina offer lessons – but not a blueprint – for South Africa
Economic reform is usually judged by its numbers: inflation, deficits, growth. Less attention goes to the beliefs and…
Two Americans win Nobel prize for models to tackle economic downturns
American professors Robert E. Hall and Michael Woodford have won the 2026 Nobel prize in economics for developing…
Arab News | Egypt’s core inflation eases to 14.1% as food prices climb
RIYADH: Egypt’s annual core inflation slowed by 0.8 percentage points to 14.1 percent in September, although rising vegetable…
Türkiye’s trade sales volume increases in August
Gokhan Ergocun 12 October 2026•Update: 12 October 2026 Türkiye’s overall trade sales volume increased by 0.6% year-on-year in…
Türkiye’s hazelnut exports exceed $1.9 bln in first nine months
ANKARA Türkiye generated more than $1.9 billion in revenue from hazelnut exports during the January-September period, according to…
The War Is Changing the Economics of Saudi Tourism
Delta Air Lines is scheduled to begin nonstop flights from Atlanta to Riyadh on October 23, the first…
India aims to upgrade steel capacity to 604M tons by 2047
India targets increasing its steel capacity to 604 million metric tons by 2047 from around 220 million tons…