Abu Dhabi / WAM Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade said that the UAE continues to leverage its global presence by opening up to the world and expanding its network of trading partners through comprehensive economic partnership agreements with a carefully selected group of markets of strategic importance internationally and regionally. The minister made …

  Bloomberg The World Bank is concerned that “further adverse shocks” could push the global economy into recession in 2023, with small states especially vulnerable. The warning is contained in an abstract for the bi-annual “Global Economic Prospects” report due for release on Tuesday and visible on the group’s Open Knowledge Repository website. Even without another crisis, global growth this …

  Abu Dhabi / WAM The Engineering Export Council (EEC) of Egypt has announced that the sector’s exports increased by 10 percent to $3.32 billion from January-November 2022, compared to $3 billion in the same period in 2021. According to the EEC’s monthly report, the most notable industries with export growth in the first 11 months of 2022 over the …