Gulf Times - economies
Tariff trade war 'negatively' affect US, China economies: QNB

Tariff trade war 'negatively' affect US, China economies: QNB

A trade war of tariffs between the US and China negatively affect both economies through different channels, QNB has said in an economic commentary.

Global trade pain stings export economies from Japan to Germany

Global trade pain stings export economies from Japan to Germany

From Japan to Germany, from economic numbers to profit warnings, there’s no shortage of evidence that the world is feeling the pain of a slump in trade.

EU rejects Italy's proposed budget: European source

EU rejects Italy's proposed budget: European source

The European Commission has rejected Italy's proposed 2019 budget and asked for a new plan, a first in European Union history, a European source said Tuesday.

European economies try to protect interests in Iran

European economies try to protect interests in Iran

Europe's heavyweight economies took steps on Friday to safeguard their interests in Iran, seeking to keep the nuclear deal with Tehran alive after Washington pulled out and said sanctions would follow.

Trump predicts concessions from China despite trade tensions

Trump predicts concessions from China despite trade tensions

US President Donald Trump predicted that China would take down its trade barriers, expressing optimism despite escalating trade tensions between the world's two largest economies that have roiled global markets in the past week.

Qatar accounts for 8.57% of total value of planned GCC projects

Qatar accounts for 8.57% of total value of planned GCC projects

Qatar accounts for 8.57% of the total value of the pipeline of projects planned in the GCC (as of May), which amounted to $2tn, Meed has said in a report.

Abu Dhabi lays off staff as austerity tightens

Abu Dhabi lays off staff as austerity tightens

Thousands of layoffs at state-linked companies in Abu Dhabi are a fresh sign the Gulf states are hunkering down for a long period of austerity as low crude prices pressure their economies.