Ibrahim's father had previously made a heartfelt plea for his son's safe return
uae2 hours ago
The International Monetary Fund on Tuesday revised down the Middle East growth forecast to 3.6 per cent for 2016 from its previous forecast of 3.9 per cent in October 2015.
The region's growth is projected to be the same 3.6 per cent in 2017 as well, the Washington-based lender said in its latest World Economic Outlook.
Saudi growth seen to hit 14-year low Saudi arabia is expected to witness its lowest growth rate since 2002 during this year on dramatic fall in oil prices, according to projections of the International Monetary Fund and HSBC Holdings released on Tuesday. The world's largest oil exporter's growth will slow down to 1.2 per cent in 2016, the fund said in its updated outlook. Last October, it predicted 2.2 per cent growth for the kingdom in 2016. The IMF also projected growth in 2017 to be a modest 1.9 per cent, down one percentage point from its October forecast. In 2009, Saudi arabia's economy contracted by 2.1 per cent due to the sharp fall in crude oil prices in the wake of global financial crisis. The kingdom's economy, which heavily dependent on oil revenues, grew by 3.4 per cent in 2015, according to the IMF. |
Ibrahim's father had previously made a heartfelt plea for his son's safe return
uae2 hours ago
Death toll rises to 34,622 with 77,867 wounded since the conflict began on October 7
mena2 hours ago
The Indian company, Tesla Power India Pvt Ltd, argued its main business is to make 'lead acid batteries' and it has no intention of making electric vehicles
world2 hours ago
Felton will play Josiah Oldfield, Gandhi's first and best friend during the period he spent in London while studying law
entertainment3 hours ago
Brij Bhushan Sharan Singh's son Karan is standing as a BJP candidate in his father's Kaiserganj seat in the politically crucial Uttar Pradesh state
asia3 hours ago
This initiative underscores Aerotree's commitment to elevating transportation standards and bolstering economic development by leveraging modern aircraft and advanced infrastructure
kt network3 hours ago
Mid-match injury forces Medvedev to retire from quarter-final clash with Jiri Lehecka
sports3 hours ago