Browsing: Global Economy

RIYADH: Global estimates suggest that technology adoptions and expansion are set to transform 70 percent of business practices globally, according to a top official.

The draft communique also said the likelihood of a soft landing in the global economy has increased, but uncertainty remains high

The Western restrictions pose a threat to global supply chains, according to the Commerce Ministry

Deputy Energy Minister Sergey Mochalnikov added that the movement to sustainable global economy should be carried out with obligatory participation and consideration of the interests of all countries

According to the report, current trends “undermine income convergence and increase the vulnerability of economies to external shocks”

Sanctions are a tool used by the “slowing” West to stall the growth of developing countries, Anton Siluanov has said

He pointed out the increased interconnectedness of the global economy and the collective interest in addressing economic hurdles and trade barriers that hinder global growth and development

MIAMI: The chiefs of four of the world’s leading corporations stressed on Thursday, during the first day of the Future Investment Initiative Miami Summit, that while artificial intelligence has the potential to drive higher investment and economic growth across the world despite the current slowdown, it can cause significant harm if not regulated at the right pace.

RIYADH: Abu Dhabi is set to host the World Trade Organization’s Ministerial Conference focused on reshaping global trade dynamics, according to the intergovernmental body’s director general.

The seizure of the country’s reserves would jeopardize the “immunity” of national assets worldwide, Elvira Nabiullina warns