Tue, 21-Oct-2025

The economic flip of invasion

economic

KARACHI: The global economic outlook turned gloomy soon after Russian forces marched into Ukraine. The financial sanctions have rocked Russia’s economy and threaten to fuel further worldwide inflation. The prices of natural gas, oil, and other staples have jumped in the international markets. At the same time, it has rattled global supply chains that are … Read more

Growth in ESG investments support stronger asset inflows in GCC: Moody’s

Dubai tourism

DUBAI: The growing demand in Islamic and environmental, social, and governance (ESG)-compliant investments is expected to increases asset inflows over the next 12 months, Arab News reported. This is according to the asset managers in Gulf countries, based on Moody’s 2021 survey of chief investment officers (CIOs) from eight leading fund firms. “Half of CIO … Read more