Economy of the Arab League

Headlines

US Industrial Output Rises In June On Jump In Drilling

US industrial output rose for the fifth straight month in June on the continued rise in oil and gas drilling and coal...

Headlines

Once Tax-Free, Saudi Arabia Starts Expat Levy

Saudi Arabia on Thursday said it had begun taxing foreigners working in the private sector as part of fiscal reforms...

Headlines

Germany A Large Investor, Employer In US Economy

A brewing diplomatic crisis between the United States and Germany has its roots in President Donald Trump's frequent...

Headlines

Egyptians Brace For Austere Ramadan After Reforms

Ramadan is a time for daytime fasting and lavish evening feasts, but Egyptians are scaling back preparations for the...

Headlines

China’s Economy Shows Signs of Slowing In April

China's factories and workshops saw their output slow sharply in April, data showed Monday, as the world's...

Business

Hike In Transport Fares Pushes Inflation Up To 13%

The 15 percent increment in transport fares by the GPRTU in April has pushed inflation up slightly to 13 percent from...

Headlines

Saudi Deficit Plunges After Cuts, Oil Revenue Surge

Saudi Arabia's budget deficit dropped by 71 percent in the first quarter of the year, the government said Thursday,...

Business

Economy Expands Slowly

A shutdown of the country’s oil and gas fields last year caused Ghana’s economy to grow at the slowest pace in 26...

Headlines

US Durable Goods Orders Post Slower Rise In March

US aircraft sales forged higher in March, helping drive up orders for manufactured goods, but the pace of growth slowed...

Business

GSS Confirms 2016 GDP At 3.5%

The Ghana Statistical Service(GSS) has announced that provisional Gross Domestic Product (GDP) figures for 2016 was 3.5...

Business

Manufacturing Sub-Sector Pushes March PPI To 6%

The Ghana Statistical Service (GSS) has announced that the Producer Price Inflation (PPI) which measures the average...

Business

EIU Backs Government’s Growth and Deficit Targets

UK-based research firm Economist Intelligence Unit (EIU) is backing government to achieve its economic growth target of...

Headlines

China Exports Surge 16.4% Year-On-Year In March

Chinese exports surged 16.4 percent year-on-year to $180.6 billion in March, official data showed Thursday, in a sign...

Top Stories

Ghana Records Over $500m Trade Surplus In February 2017

New figures from the Bank of Ghana have revealed that Ghana’s total balance of trade for February 2017 recorded a...

Business

Government Raises GHC1bn Domestic Bond At 21.5%

Government has raised a total of 1.01 billion cedis three-year domestic bond issued at a yield of 21.5 percent. The...

Business

Government Raises GHS1bn Domestic Bond At 21.5%

Government has raised a total of 1.01 billion cedis three-year domestic bond issued at a yield of 21.5 percent. The...

Business

Cedi Was Stable For 2016 Period

The Ghana cedi remained relatively stable against the major trading currencies in the currency market, on account of...

Top Stories

Economy Projected To Grow By 6.3% In 2017

Government has projected a  real GDP growth of 6.3 percent; with oil for the year 2017, while non-oil real GDP growth...

Headlines

Morocco Looks To New Markets To Boost Stagnant Tourism

Morocco's key tourism sector barely grew last year amid security challenges, but operators are hoping Chinese and...