India's tourism sector faces challenges due to a near-zero overseas marketing budget. This has kept international arrivals below pre-pandem...

Renewed Middle East tensions are driving oil prices higher, fueling inflation and economic growth concerns. Despite market optimism, signif...

India's new trade pact with Oman, effective June 1, offers strategic importance beyond trade. Oman's location outside the Strait of Hormuz ...

A fragile ceasefire between the United States and Iran is reportedly extended for 60 days. Formal talks on Tehran's nuclear program are set...

The surge in global military budgets is astonishing, with nations investing heavily in their defense capabilities in response to escalating...

US stock market crashes today as Dow Jones, S&P 500 and Nasdaq plunge. The Dow Jones Industrial Average dropped more than 237 points, while...

India's trade with BRICS nations shows strong growth. However, a widening trade deficit is a major concern. Imports from BRICS are rising f...

During his Caribbean tour, External Affairs Minister S Jaishankar highlighted India's role in "de-risking" the global economy. IMF data sup...

Pakistan is exploring various financing options, including Eurobonds and commercial debt, to replace a $3.5 billion UAE facility and bolste...

The World Bank has significantly lowered its 2026 growth projections for Middle Eastern economies. This comes as a direct result of the ong...

The International Monetary Fund has brightened its 2025 economic outlook for Saudi Arabia, now pegging growth at 4 percent. This optimistic...

The World Bank has revised its growth forecast for Saudi Arabia, expecting the country's economy to contract by 0.9% in 2023. This is due t...

The kingdom's energy ministry said on Sunday the country would cut its oil output to 9 million barrels per day (bpd) in July from around 10...

Non-oil activities grew by 5.8% in the first quarter from a year prior, the General Authority for Statistics said, citing flash estimates, ...

The second quarter growth figure exceeded a flash government estimate at the end of July of 11.8% GDP growth. The economy grew 2.2% from th...

The data, which showed the economy growing 1.5% from a year ago, prompted economists to expect faster expansion in the second half of the y...

The "flash estimates" for quarterly gross domestic product did not have a breakdown on how the oil and non-oil sectors performed in the thr...