Iraq Bulletin

Tag : economic growth

Business

UAE GDP projected to rise 5 percent according to World Bank

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The international financial community maintains a highly positive outlook on the economic trajectory of the United Arab Emirates. Recent macroeconomic assessments published by the World Bank Group indicate that the sovereign state will experience robust expansion over the next two...
Business

Asia-Pacific growth outlook lifted to 5% for 2026

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Economic growth across developing Asia and the Pacific will moderate to 5.0% in 2026 from 5.5% in 2025. The Asian Development Bank raised its 2026 forecast by 0.1 percentage point from its July estimate. Growth should edge up to 5.1%...
Business

India GDP grows 7.8% as Modi hails resilient economic growth

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Prime Minister Narendra Modi has praised India’s 7.8% economic growth in the April to June quarter of fiscal 2026-27. He called the performance a “herculean feat” after official data showed continued expansion across major parts of the economy. Modi said...
Business

ADB cuts Asia Pacific 2026 growth forecast to 4.9%

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The Asian Development Bank cut its 2026 growth forecast for developing Asia and the Pacific to 4.9%. The bank cited prolonged global energy disruption and softer demand in parts of the region. The projection stands below the 5.1% estimate issued...
News

UAE and Egypt presidents discuss ties at G7 summit

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UAE President Sheikh Mohamed bin Zayed Al Nahyan met Egyptian President Abdel Fattah El-Sisi on Wednesday on the sidelines of the G7 Summit in Évian-les-Bains, France. The talks focused on UAE-Egypt relations, regional stability and international cooperation. The meeting took place during the...
Business

UAE economy extends global rise on strong 2026 data

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ABU DHABI: The United Arab Emirates entered 2026 with a strong run of official economic data showing broad-based expansion across non-oil activity, trade, banking and investment, reinforcing its position as one of the region’s fastest-growing economies. Releases published in the first...
Business

Vietnam exports jump 19.1% in first quarter of 2026

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HANOI: Vietnam’s exports rose 19.1% from a year earlier in the first quarter of 2026 to $122.93 billion, according to official data released on April 4, extending a strong start to the year for one of Southeast Asia’s most trade-dependent economies. Imports increased...
Business

Botswana downgrade adds pressure to diamond economy

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GABORONE: Botswana is facing renewed pressure on its diamond-driven economy after S&P Global Ratings lowered the country’s long-term sovereign rating to BBB- from BBB and its short-term rating to A-3 from A-2, while keeping a negative outlook. The cut leaves Botswana at...
Business

UK clinches biggest post-Brexit trade deal with India

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India and the United Kingdom have finalized a significant bilateral trade agreement, described by the UK government as the most substantial trade deal since its departure from the European Union. Announced Tuesday, the deal marks a strategic deepening of commercial...
Featured News

Global Digital Summit 2025 tackles digital divide and growth

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The World Bank Group hosted the second Global Digital Summit in Washington, D.C., bringing together leaders from the public and private sectors to accelerate digital transformation and bridge the global digital divide. The event underscored the urgency of expanding access...