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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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Severe rains closed schools and Abu Dhabi airport, and caused widespread delays at Dubai's airport. (AFP/File)
March 10th, 2016 - 06:00 GMT

Insurance companies prepare for extensive claims following UAE storm

In January 2016 Iraq exported an average of 3.88 million barrels a day, including exports from Iraqi Kurdistan. (File photo)
March 10th, 2016 - 05:00 GMT

Iraq is the third largest market for infrastructure projects in the GCC

Hilton Salwa Beach Resort & Villas Hilton will include a water park, marina, dive center, cinemas, pools, health club, spa and retail space. (Hill International)
March 9th, 2016 - 02:02 GMT

Qatar's tourism drive is in full swing

Saudi Aramco recently announced the possibility of an initial public offering in the future. (File photo)
March 9th, 2016 - 01:37 GMT

Saudi Aramco to ramp up production over next ten years

Saudi Arabian Airlines has urged travel agencies in Kuwait to stop booking flights to Lebanon, according to Kuwait's al-Qabas newspaper. (Wikimedia Commons)
March 9th, 2016 - 12:00 GMT

Lebanese facing visa refusals, canceled tickets as GCC turns up pressure

Despite shrinking GCC budgets, defense companies are poised for exponential growth due to continued conflict in the region. (AFP/File)
March 9th, 2016 - 11:06 GMT

Paramount Group defense firm forecasts rocketing sales from Mideast conflicts

Salalah Port, Oman (Port Technology)
March 9th, 2016 - 09:00 GMT

Oman and Iran sign ports development deal

Hesan Alkhaleej will also have sand-filtering technologies.  (Image courtesy of Trade Arabia)
March 9th, 2016 - 08:00 GMT

Siemens unveils 'Horse of the Gulf' high-speed GCC train

The Labor Ministry would also be providing support to pay part of the salaries of employed Saudis. (AFP/File)
March 9th, 2016 - 07:00 GMT

Saudization of mobile industry ordered by September 2

The National News Agency had reported that charges against Abou Merhi were dismissed as 'null in all forms'. (File photo)
March 9th, 2016 - 05:51 GMT

US refutes claims that Lebanese tycoon is cleared

DubaiSat-two, which was launched into orbit in 2013, was 70 per cent designed by Emiratis. (Shutterstock)
March 8th, 2016 - 01:30 GMT

Seeing stars: UAE Space Agency to launch four new satellites by 2020

Etihad and Turkish Airlines are vying over transcontinental traffic, but the latter have 79 million domestic customers in Turkey. (Wikipedia)
March 8th, 2016 - 12:30 GMT

Turkish Airlines a 'worthy rival' to UAE carriers: Boeing

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