Bloomberg The world economy is set to surpass $100 trillion for the first time in 2022, two years earlier than previously forecast, according to the Centre for Economics and Business Research (CEBR). Global gross domestic product will be lifted by the continued recovery from the pandemic, although if inflation persists it may be hard for policy makers to avoid ...

  Bloomberg Saudi Arabia’s exports soared in October as the world’s biggest oil exporter benefited from higher crude prices. The value of exports jumped to 106.2 billion riyals ($28 billion) from 55.9 billion riyals a year ago, according to the kingdom’s General Authority for Statistics. The share of oil in total exports rose to 77.6% in October from 66.1%. Saudi ...

ABU DHABI / WAM The UAE has expressed its sincere condolences and solidarity with the People’s Republic of Bangladesh over the victims lost in a fire that broke out on a ferry south of the Bangladesh capital, Dhaka, causing dozens of fatalities and many injuries. The Ministry of Foreign Affairs and International Cooperation expressed its sincere condolences and sympathy to ...