ADB cuts Asia Pacific 2026 growth forecast to 4.9%
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ADB cuts Asia Pacific 2026 growth forecast to 4.9%

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MANILA, PHILIPPINES / MENA Newswire / – The Asian Development Bank cut its 2026 growth forecast for developing Asia and the Pacific to 4.9%. The bank cited prolonged global energy disruption and softer demand in...
UAE and Egypt presidents discuss ties at G7 summit
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UAE and Egypt presidents discuss ties at G7 summit

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ÉVIAN-LES-BAINS, FRANCE / EuroWire / – UAE President Sheikh Mohamed bin Zayed Al Nahyan met Egyptian President Abdel Fattah El-Sisi on Wednesday on the sidelines of the G7 Summit in Évian-les-Bains, France. The talks focused on UAE-Egypt relations, regional...
UAE economy extends global rise on strong 2026 data
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UAE economy extends global rise on strong 2026 data

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ABU DHABI: The United Arab Emirates entered 2026 with a strong run of official economic data showing broad-based expansion across non-oil activity, trade, banking and investment, reinforcing its position as one of the region’s fastest-growing economies....
Vietnam exports jump 19.1% in first quarter of 2026
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Vietnam exports jump 19.1% in first quarter of 2026

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HANOI: Vietnam’s exports rose 19.1% from a year earlier in the first quarter of 2026 to $122.93 billion, according to official data released on April 4, extending a strong start to the year for one of Southeast Asia’s...
Botswana downgrade adds pressure to diamond economy
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Botswana downgrade adds pressure to diamond economy

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GABORONE: Botswana is facing renewed pressure on its diamond-driven economy after S&P Global Ratings lowered the country’s long-term sovereign rating to BBB- from BBB and its short-term rating to A-3 from A-2, while keeping a negative outlook....
Optimism rises as Vietnam’s F&B sector targets $29.8 billion
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Optimism rises as Vietnam’s F&B sector targets $29.8 billion

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Vietnam’s food and beverage sector is expected to reach $29.8 billion in revenue by 2024, with a 10.92% growth, driven by increasing consumer confidence and rising demand for sustainable products....