Tag: Economic Forecast
UAE Central Bank Expects Recovery of Economic Activity in H2 2020
The Central Bank of the UAE, CBUAE, has projected the recovery of economic activity to commence in the second half of the year.
The first...
Resurgence of COVID-19 Could Cause Global Economic Depression
According to the Moody’s Analytics baseline economic forecast, real global GDP will fall by 4.5% this year as a result of COVID-19. Our base...
Global Economy Set to Grow 3.2 Percent in 2018
The global economy will expand 3.2 percent in 2018, matching the rate of growth achieved in 2017 and marking the first time since 2011...
Global Economy to Expand at Rate of 2.8% in 2017
The global economy is expected to expand at a rate of 2.8 percent in 2017, better than the 2016 rate, but marking a sixth...
World Bank cuts global economic forecast for 2016
Souring prospects in the world’s largest emerging markets are darkening an already cloudy outlook for the global economy, the World Bank said on Wednesday, as it cut the...