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Global economy faces fragile start to 2026
January 1st, 2026 - 09:24 GMT
Dr. Mansour Al-Maswari

Mansour Al-Maswari

Global economy faces fragile start to 2026

ALBAWABA- As 2026 begins, the world economy faces heightened uncertainty, driven by regional conflicts, trade tensions, and risks from the artificial intelligence (AI) sector. The IMF’s latest World Economic Outlook warns that global growth remains weak, with financial market fragility and labor pressures skewing risks to the downside. In the United States, President Donald Trump’s “Liberation Day” tariffs in April 2025 sparked market disruption, while AI stocks, accounting for one-third ...
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Vision 2030's emphasis on privatization of state assets is designed to help wean the economy away from oil dependency. (File photo)
April 26th, 2016 - 01:00 GMT

Saudi Vision 2030: A breakdown of the sweeping reforms

The railway will begin from Kuwait City and will pass through Dammam via Bahrain and  Qatar through Salwa border point.  (Shutterstock)
April 26th, 2016 - 12:00 GMT

Pan-GCC rail will create more than 80,000 jobs

The IMF has encouraged steps to lift subsidies and tighten public sector spending. (AFP/File)
April 26th, 2016 - 11:00 GMT

IMF encouraged by Saudi reforms but warns of up to $540B in losses over low oil

Qatar plans to announce five new routes this year. (Twitter)
April 26th, 2016 - 10:00 GMT

Qatar Airways treading carefully on Saudi's Al Maha, Italy's Meridiana deals

An official from the Jeddah Chamber of Commerce and Industry Telecommunication and Information Technology Committee suggested a gradual system of training Saudi employees to replace expatriates. (Qudrat.com.pk)
April 26th, 2016 - 09:00 GMT

Abrupt Saudization of mobile industry impractical and may backfire: experts

The gap in estimate means a NIS 100 billion reduction in revenue from gas sales and a reduction of more than NIS 50 billion in state revenues from taxation. (File photo)
April 26th, 2016 - 07:00 GMT

Dutch report cuts Leviathan gas estimates

Bloomberg reported a meeting between officials from Iran’s Qeshm Free Trade Zone and Bombardier on a project to set up an airline in the southern Qeshm island. (Omnifeed)
April 26th, 2016 - 06:06 GMT

Canada's Bombardier talks with Iran spark rumors of new airline launch

Increasing subsidy allocations will put stress on the state’s budget. (File photo)
April 26th, 2016 - 05:02 GMT

Egypt to increase subsidies in bid to battle food price hikes

Oil exports were not affected by the strike action.  (AFP/File)
April 26th, 2016 - 04:13 GMT

Kuwait suffered up to $200M in losses due to oil strike

More details of the sweeping changes are expected to be released shortly. (File photo)
April 25th, 2016 - 12:52 GMT

Saudi cabinet passes Vision 2030 plan, as the nation eagerly awaits details

Emirates has said it would now launch flights to Panama at the end of 2016 or in early 2017. (File photo)
April 25th, 2016 - 11:00 GMT

Holding out for a hub: Emirates pines for Panama

A row of tombs from the al-Khuraymat group, in the archaelogical Nabatean site of Mada'in Saleh. (Wikipedia)
April 25th, 2016 - 09:30 GMT

New Saudi initiative allows pilgrims to convert Umrah visas into tourist visas

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