Gulf Times - economy
Cost of climate-linked disasters soars: UN

Cost of climate-linked disasters soars: UN

The economic cost of climate-related disasters hit $2.25 trillion over the last two decades, an increase of more than 150 percent compared to the previous 20 years, the UN said Wednesday.

Zimbabwe president says new tax necessary pain for recovery

Zimbabwe president says new tax necessary pain for recovery

Zimbabwean President Emmerson Mnangagwa said on Monday a new tax on electronic payments was a painful but necessary part of the government's attempts to revive the economy ...

Moody's upgrades Qatar banking sector outlook to 'stable'

Moody's upgrades Qatar banking sector outlook to 'stable'

Global credit rating agency Moody’s has upgraded Qatar’s banking sector outlook to “stable” from “negative”, reflecting the resilience of the country's economy and banking system ...

LNG expansion project to boost local economy: QP chief

LNG expansion project to boost local economy: QP chief

Qatar Petroleum’s further increase in the capacity of Qatar’s LNG expansion project at the offshore North Field will significantly boost the local economy, said QP President & CEO Saad Sherida al-Kaabi.

IMF warns tariffs could come at 'significant economic cost'

IMF warns tariffs could come at 'significant economic cost'

Worsening trade tensions and exchange of tariffs could cause ‘significant economic cost’ to the global economy, an International Monetary Fund spokesman warned Thursday.

China's subway expansion could help its steel sector

China's subway expansion could help its steel sector

A push to expand subway networks along with a drive to boost infrastructure investment are helping brighten the outlook for China's steel sector.

Turkey central bank stuns markets with giant rate hike

Turkey central bank stuns markets with giant rate hike

Turkey's central bank on Thursday surprised markets with a bigger than expected rate hike to battle soaring inflation and boost the lira, prompting the embattled currency to surge in value.

The Australian dollar's pain is very much the economy's gain

The Australian dollar's pain is very much the economy's gain

The Australian dollar is paying for the sins of others as investors short the commodity-exposed currency to 2-1/2-year low as a hedge against risks to global trade, China and emerging markets.

Cabinet hails Amir’s visit to Germany, business forum

Cabinet hails Amir’s visit to Germany, business forum

The Cabinet also hailed the great success of the Qatar-Germany Business and Investment Forum, which was held in Berlin in the framework of the Amir's visit.

Greek PM vows not to repeat past economic mistakes

Greek PM vows not to repeat past economic mistakes

Greek Prime Minister Alexis Tsipras vowed Tuesday not to repeat the ‘mistakes and behaviour of the past’ that led his country to the brink of financial collapse.

Qatar is the biggest foreign investor in Germany: al-Emadi

Qatar is the biggest foreign investor in Germany: al-Emadi

HE the Minister of Finance Ali Sherif al-Emadi asserted that Qatar seeks to make the domestic market attractive to foreign investment.

Qatar eyes €10bn investment in Germany in next 5 years

Qatar eyes €10bn investment in Germany in next 5 years

His Highness the Amir made the announcement in the presence of German Chancellor Angela Merkel, the Mayor of Berlin Michael Muller, and other high-level officials.