Business

Japan’s Q3 GDP Contracts by 1.8 Percent Due to Weak Exports

Tokyo: Japan’s economy shrank at an annualized rate of 1.8 percent in the July-September quarter, primarily driven by weak exports, government data revealed on Monday. This marks the first contraction of the gross domestic product (GDP) in six quarter…

IMF: Syria Economy Showing Signs of Recovery

Damascus: The International Monetary Fund (IMF) said Monday that Syria’s economy is showing signs of recovery and improving prospects, reflecting the improvement in consumer and investor sentiment. This is due to Syrian authorities’ ability to adopt a…

Kuwait Expects Egypt-GCC Trade Forum to Bolster Economic Ties

Cairo: A trade and investment forum linking Egypt and the Gulf Cooperation Council (GCC) is a step towards ratcheting up bilateral economic relations, Kuwait’s Commerce Minister Khalifa Al-Ajeel said on Monday. The six-member bloc, particularly Kuwait…