economy

UBS eyes Mideast expansion with new wealth desk in Dubai -memo
Middle East

UBS eyes Mideast expansion with new wealth desk in Dubai -memo

DUBAI, Oct 21 (Reuters) – UBS (UBSG.S) will establish a new wealth desk in Dubai that will add coverage of…
Gulf economies to pick up speed next year, with fall in oil prices biggest risk
Middle East

Gulf economies to pick up speed next year, with fall in oil prices biggest risk

BENGALURU, Oct 21 (Reuters) – Economies in the six-member Gulf Cooperation Council will grow faster next year than previously thought,…
Fuel price hike worsens Lebanon’s tough living conditions
Middle East

Fuel price hike worsens Lebanon’s tough living conditions

BEIRUT (AP) — Lebanon’s government raised the price of fuel Wednesday by about 25%, the National News Agency reported, effectively…
IMF sees economic growth with higher inflation for Mideast
Middle East

IMF sees economic growth with higher inflation for Mideast

DUBAI, United Arab Emirates (AP) — The Middle East is expected to see significant economic growth this year, but also…
The economy on the brink, Taliban rely on former technocrats
Middle East

The economy on the brink, Taliban rely on former technocrats

KABUL, Afghanistan (AP) — When the Taliban swept into power, they found Afghanistan’s economy fast approaching the brink and were…
More repression, fewer jobs: Jordanians face bleak outlook
Middle East

More repression, fewer jobs: Jordanians face bleak outlook

AMMAN, Jordan (AP) — As a poorly paid public school teacher, Khaled Jaber always needed a side hustle, working as…
Japan confronts rising inequality after Abenomics
World

Japan confronts rising inequality after Abenomics

TOKYO, Oct 12 (Reuters) – Japan’s stock market has surged and luxury cars are selling fast in Tokyo after eight…
Beset by inflation, Iranians struggle with high food prices
Middle East

Beset by inflation, Iranians struggle with high food prices

TEHRAN, Iran (AP) — Mehdi Dolatyari watched with dread in recent months as once-affordable goods at his central Tehran supermarket…
Myanmar’s junta powerless as currency drops 60 percent in four weeks, economy tanks
World

Myanmar’s junta powerless as currency drops 60 percent in four weeks, economy tanks

Sept 29 (Reuters) – Myanmar’s currency has lost more than 60 percent of its value since the beginning of September…
China power crunch spreads, shutting factories and dimming growth outlook
World

China power crunch spreads, shutting factories and dimming growth outlook

BEIJING, Sept 27 (Reuters) – Widening power shortages in China have halted production at numerous factories including many supplying Apple…
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