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Risk of a global recession is minimal, IMF economist says — would take ‘a lot to derail’

April 17, 2024 AppicNews

One of the International Monetary Fund’s top economists signals little risk of a global recession, despite the ongoing rumblings of

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Middle East Top Stories 

Saudi deputy defence minister arrives in Pakistan to finalize bilateral security projects 

April 17, 2024 AppicNews

ISLAMABAD: Saudi Assistant Defence Minister Talal Bin Abdullah Bin Turki Al-Otaibi is in Pakistan on a two-day visit to finalize

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Middle East Top Stories 

U.S. economy will see ‘more things break’ in 2025 if rates stay high, strategist says

April 16, 2024 AppicNews

U.S. Federal Reserve Chair Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee

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Middle East Top Stories 

UAE grocery store chain Spinneys to float 25% stake on Dubai Financial Market

April 16, 2024 AppicNews

RIYADH: UAE-based grocery store operator Spinneys 1961 Holding PLC has announced its intention to proceed with an initial public offering on

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Middle East Top Stories 

‘Prelude to World War III’: World leaders react to Iran’s air attack against Israel

April 15, 2024 AppicNews

People gather in support of the Islamic Revolutionary Guard Corps’ attack on Israel on April 14, 2024 in Tehran, Iran.

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Middle East Top Stories 

Germany pledges more Sudan aid as European leaders push for funding on war anniversary

April 15, 2024 AppicNews

PARIS: Germany will provide a further 244 million euros ($260 million) in humanitarian aid to war-torn Sudan, Foreign Minister Annalena

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Middle East Top Stories 

Israel says 300 Iranian drones and missiles downed in ‘unprecedented’ attack

April 14, 2024 AppicNews

Iranians are waving Iranian flags and a Palestinian flag as they celebrate Iran’s IRGC UAV and missile attack against Israel

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Middle East Top Stories 

Saudi Arabia’s point-of-sale transactions grew 20% to reach $14.33bn in February  

April 14, 2024 AppicNews

RIYADH: Payments made through point-of-sale terminals in Saudi Arabia experienced a notable 20 percent annual increase in February, totaling SR53.72

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Middle East Top Stories 

Vessel seized in Strait of Hormuz amid Iran tensions, shipping firms say

April 13, 2024 AppicNews

Strait of Hormuz in the Persian Gulf. Stocktrek | Photodisc | Getty Images A vessel has been seized by “regional

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Middle East Top Stories 

British military warns of possible vessel being boarded near Strait of Hormuz

April 13, 2024 AppicNews

DUBAI: The British military warned Saturday that a vessel may have been boarded by an unknown party near the crucial

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