World Bank forecasts 3.2% GCC growth in 2025, says smart spending is key to sustained growth | World News

GCC governments poised for growth rebound as the World Bank projects 3.2% regional GDP growth in 2025/Representative Image TL;DR: GCC real GDP growth projected at 3.2% in 2025, rising to 4.5% in 2026, up from 1.7% in 2024. Growth fueled by easing OPEC+ supply cuts and robust expansion in non-oil sectors particularly private consumption, investment, […]

Singapore economy beats Q1 forecasts, warns of trade war risks | World News

SINGAPORE: Singapore’s economy rose faster than expected in the first quarter year-on-year, official data showed Thursday, pushed by stronger global demand as businesses rushed to beat the imposition of higher US tariffs.The government, however, warned that downside risks remained as a full-blown trade war between the United States and China could still reignite after the […]

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