Economic

Get Resilient and Let Your Workforce Reflect It 

Cultivating a resilient workforce culture is a strategic imperative for companies seeking to survive and thrive in challenging environments. A resilient workforce can prepare your employees to face many challenges. The recent pandemic highlighted the importance of resilience. The current state of the economic world enhances individual resilience and allows them to navigate the challenges […]

Untangling Visions 2030

These are not mere visions. They’re a roadmap to a better tomorrow for both nations. Be it the Saudi Arabia Vision 2030 or UAE Vision 2030. They both serve as a clear declaration of commitment of both countries. These visions include mega projects that will turn these nations into economic hubs for the world to […]

U.S. Economy Posts Strong Growth in Q4, but with Underlying Weakness

The U.S. economy grew faster than expected in the fourth quarter, but that likely exaggerates the nation’s health as a measure of domestic demand rose at its slowest pace in 2-1/2 years, reflecting the impact of higher borrowing costs. The Commerce Department’s advance fourth-quarter gross domestic product report on Thursday showed half of the boost […]

Asian shares mostly slip amid lingering omicron worries

Asian shares mostly slipped Wednesday, as worries lingered about the coronavirus omicron variant’s potential damage to the regional economy following mixed cues from Wall Street. Japan’s benchmark Nikkei 225 lost 0.9% in morning trading to 28,809.86. South Korea’s Kospi slipped 0.9% to 2,993.38, while Australia’s S&P/ASX 200 jumped 1.2% to 7,510.80. Hong Kong’s Hang Seng […]

European Central Bank faces gloomier picture for economy

The European Central Bank is looking at a darkening picture for the economy as infections and deaths surge. With more than a trillion euros of pandemic stimulus still in the pipeline, President Christine Lagarde is expected to underline Thursday that the bank has the means keep credit affordable and support the hoped-for recovery. Spiking virus […]