Latest news and articles about اقتصاد from NEX English
The World Bank reports that East Asia and the Pacific will experience a significant economic slowdown due to rising energy prices driven by geopolitical tensions. Growth is expected to decline from <strong>5.0%</strong> in 2025 to <strong>4.2%</strong> in 2026.
Regional business leaders have raised alarms about the financial crisis facing low-income families, as wages lag behind inflation rates. The significant rise in credit card balances reflects the deteriorating financial situation for many households.
Indonesian State Minister <strong>Prasetyo Hadi</strong> announced the opening of a new electric vehicle factory in <strong>Magelang</strong> scheduled for April 8. The factory aims to enhance sustainable transportation and reduce reliance on fossil fuels.
Poland has witnessed an unprecedented rise in mortgage applications, reaching levels not seen since 2008. This surge comes as concerns grow over the impact of the ongoing conflict in Iran on global inflation, prompting borrowers to secure current interest rates.
The World Bank emphasizes the need to improve education quality and human resources as key factors to support industry in Indonesia. This statement was made by the bank's chief economist for the East Asia and Pacific region, who highlighted significant challenges facing basic education in the country.
Chilean authorities have successfully dismantled a criminal network specializing in copper theft, valued at approximately <strong>$917 million</strong>. This operation, named 'High Voltage,' involved a collaborative investigation among several government agencies.
Iran and the United States have announced a ceasefire, offering hope for a recovery in the global economy severely impacted since the conflict began on February 28. However, recovery may vary across different sectors.
The US dollar has seen a significant decline of over 1% after the announcement of a two-week ceasefire agreement between the United States and Iran. This drop reflects an increased appetite among investors for riskier assets.
The United States and Japan aim to establish the Philippines as a key center for critical minerals, reducing reliance on China and enhancing economic partnerships. Experts warn that the lack of commitment from the Philippine government to implement reforms may hinder this goal.
A recent study indicates that approximately <strong>24%</strong> of companies in Hong Kong will widely adopt <strong>artificial intelligence</strong> this year, marking a threefold increase from last year. Business leaders anticipate that this trend will lead to a reduction in employee numbers in the future.
Malaysia is experiencing a significant rise in traffic congestion, which is no longer limited to holiday seasons. Long holidays and daily traffic are increasingly straining the roads.
The Philippines recorded a significant increase in its inflation rate, reaching <strong>4.1%</strong> in March 2023, driven by rising fuel and food prices. This surge comes amid growing economic pressures faced by many countries.
As the conflict between the United States, Israel, and Iran enters its fortieth day, residents of the UAE are increasingly concerned about its potential impact on security and stability. Citizens and residents are urged to stay informed about ongoing developments.
Oil prices in the North Sea have seen a significant increase, reflecting ongoing supply tightness in the market. This rise comes despite a notable drop in futures prices following the ceasefire agreement between the United States and Iran.
The Executive Council of Abu Dhabi has appointed Badr Saleem Al-Omran as the Director General of the Abu Dhabi Investment Office. This decision aims to enhance the emirate's efforts to attract investments and develop the local economy.
The United Arab Emirates and the Kingdom of Bahrain have signed a currency swap agreement valued at <strong>AED 20 billion</strong> to enhance financial stability between the two nations. This initiative aims to bolster economic cooperation and facilitate trade.
S&P Global Ratings has downgraded New Orleans' credit rating by one point, highlighting the city's struggle with one of the worst financial crises in its recent history. This decision comes at a critical time as the city seeks to address the repercussions of this crisis.
The Minister of Communications announced significant tech investments totaling <strong>$11.9 billion</strong> in the 'Leap' project, reflecting the state's commitment to enhancing innovation and technology. This initiative aims to transform the country into an advanced technological hub in the region.
On Wednesday, April 8, 2026, gold prices saw a significant increase worldwide, affecting local prices in Arab markets. Many investors are turning to gold as a safe haven amid economic volatility.
The Central Bank of the UAE and the Central Bank of Bahrain have signed a currency swap agreement valued at <strong>20 billion dirhams</strong>. This agreement aims to enhance financial cooperation between the two countries and facilitate trade and investment.
Recent studies emphasize the crucial role of education as a key factor in achieving sustainable development. Education enhances individuals' ability to actively participate in their communities.
The ongoing conflict in Iran is positioning Sudan as a vital food alternative for Gulf countries, leveraging its geographical advantages and rising food demand. Despite internal production challenges, Sudan is poised to enhance its export capabilities significantly.
The CEO of the Financial Academy revealed that digital transformation will significantly affect the financial sector, with approximately 70% of jobs expected to be impacted. This statement comes as the pace of digital transformation accelerates across various sectors.
Current crises in various Arab countries are revealing the true loyalties of nations and individuals. These events highlight the political and economic challenges facing the region.
The Secretary-General of the Gulf Cooperation Council, Jasem Al-Budaiwi, discussed ways to enhance trade exchange with Indian Minister of Commerce and Industry Piyush Goyal amid current global economic challenges.
The Egyptian Treasury and Mint Authority has announced the introduction of a new 2-pound coin aimed at improving the currency structure and facilitating daily transactions for citizens. This initiative comes amid a noticeable shortage of small coins in the Egyptian markets.
Iranian markets are beginning to recover as the ceasefire comes into effect, easing economic concerns and boosting the value of the rial. Citizens are hopeful that this ceasefire will lead to lasting peace.
The British retail chain Primark has opened its second store in the UAE just weeks after launching its first branch in Dubai Mall. This expansion is part of the company's strategy to strengthen its presence in the promising Emirati market.
Italy's industrial production fell by <strong>0.6%</strong> in January 2023, reflecting ongoing economic challenges. This decline occurs amid unstable economic conditions.
Indonesian President Prabowo Subianto asserts that Indonesia is one of the safest countries in the event of a third world war, highlighting the presence of many Russian and Ukrainian citizens in the nation.