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News
Oman tourism sector grows strongly, attracting 4 mn visitors in 2025
2+ hour, 7+ min ago (448+ words) Muscat- Oman’s tourism sector recorded strong growth in 2025, driven by increased investment and projects by the public and private sectors aimed at diversifying tourism products and experiences and improving the quality of services. According to a report titled “The State…...
Commentary: Joyful spending is America’s guilty pleasure
22+ min ago (246+ words) Americans like to spend money, and they’re good at it. But they also feel kind of bad about it. Whether your spending is truly excessive and worthy of guilt depends on your financial circumstances, and your preferences for joy today…...
The government’s fiscal performance
1+ hour, 49+ min ago (113+ words) The public finance indicators through the end of June 2026 present a generally positive picture of the government’s fiscal performance. They show the government’s ability to maintain fiscal and monetary stability despite a challenging regional and economic environment. Several indicators are......
'India to overtake US within 25 years...': US economist sees Asian century taking shape - BusinessToday
1+ hour, 40+ min ago (957+ words) India is on course to overtake the United States to become the world’s second-largest economy within the next 25 years and could eventually emerge as the world’s biggest economy, economist Jeffrey Sachs has said, arguing that the centre of gravity of…...
Austrian economic outlook improving
11+ hour, 46+ min ago (198+ words) Business Recorder VIENNA: Austria’s central bank has trimmed its economic growth forecast for the country in 2026 due to a weaker-than-expected first six months of the year, but raised it for next year as the outlook is improving, it said on…...
Higher Confidence in Government.. But the Economy Tells Another Story
1+ hour, 48+ min ago (152+ words) The ninth wave of Arab Barometer presents a two-sided picture of Jordanians’ views of the government and the economy. On the one hand, confidence in the government rose to 49%, from 39% in late 2023, while satisfaction with its overall performance reached 61%—clear…...
EDITORIAL: Kenya must get more from its minerals
7+ hour, 7+ min ago (227+ words) The lawful community and county shares of mining revenues must reach beneficiaries transparently and on time. Africa is rich in minerals and natural resources, yet for decades foreign companies have extracted this wealth, shipped it abroad and created much of…...
S&P Affirms Saudi Arabia at A+/A-1 with Stable Outlook
13+ hour, 3+ min ago (862+ words) S&P Global Ratings has affirmed Saudi Arabia’s long- and short-term sovereign credit ratings in both foreign and local currencies at A+/A-1, maintaining a stable outlook as the Kingdom navigates the economic and fiscal pressures stemming from the wider…...
Foreign media on Kazakhstan: Infrastructure investment, global education ambitions and Elena Rybakina’s historic rise to No. 1
3+ hour, 5+ min ago (808+ words) According to Eureporter, Kazakhstan is preparing to use part of its National Fund to finance major infrastructure projects, potentially shifting sovereign wealth from financial savings into assets that support long-term economic growth. The country plans to allocate more than $4 billion…...
Why India’s balance of payments recovery deserves scrutiny
8+ hour, 31+ min ago (662+ words) An oil-dependent economy in an oil-volatile world To put this in perspective: India’s current account deficit was just 0.6 per cent of GDP in FY26 and 0.6 per cent in FY25. The projected widening to up to 1.2 per cent of GDP represents a doubling…...