US real gross domestic product grew at a 0.7 percent annualised pace in the fourth quarter of 2015, the government announced. Now, forget that number. It is the “advance estimate,” and the Bureau of Economic Analysis will revise it again and again over the coming months and years. These revisions tend to be especially big at points where the economy ...

As the market volatility and economic uncertainty persists, the UAE Cabinet held a retreat on post-oil phase. The meeting discussed ways to diversify the country’s economy while ensuring sustainability. Sustainable economic diversification is vital for economic prosperity. Any development that is not sustainable will not bring about long-term growth. Resources and expertise will have to be used in an innovative ...

Kuala Lumpur / EMIRATES BUSINESS Islamic finance is complementary to and a major enabler of making responsible investing more ubiquitous across emerging markets – and Asia is leading the way – but integrated reporting and governance remains gap for many investors. To attract long-term capital, many companies in Asia are becoming more aware of how investors integrate Environmental, Social & ...