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Global Economy Under Pressure Could Slow to 2.3%: UNCTAD

Abu Dhabi: The world economy is on a recessionary trajectory, driven by escalating trade tensions and persistent uncertainty, UN Trade and Development (UNCTAD) alerted in its new report, ‘Trade and Development Foresights 2025 – Under pressure: Uncerta…

Korea’s Exports to Middle East Rise 3.5% in Q1

Seoul: The Republic of Korea’s exports to the Middle East increased 3.5 percent from a year earlier in the first quarter, the industry ministry said Wednesday.

According to Emirates News Agency, Yonhap News Agency quoted the Ministry of Trade, Indus…

China’s GDP Expands 5.4% Year-on-Year in Q1

Beijing: China’s gross domestic product (GDP) grew 5.4 percent year-on-year in the first quarter of 2025, data from the National Bureau of Statistics (NBS) showed on Wednesday.

According to Emirates News Agency, the country’s GDP reached 31.8758 tri…

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