Croatia’s registered unemployment rate fell to 3.4% in May 2026 from 3.8% in April, reaching the lowest level since records began in December 1996.The number of unemployed persons declined 9.2% from the previous month to 61.3 thousand, while total employment rose 2.2% to 1.740 million.The labor for…
The U.K. housing market is proving to be a study in resilience rather than exuberance, as it sees a modest recovery in annual average house price growth to 2.2%, RBC Capital Markets analysts Anthony Codling and Oliver Dyson say in a note. This combines with all regions in the country now being in p…
Eurozone consumer price inflation dropped to 2.8% in June 2026, down from 3.2% in May and below market expectations of 3.0%, according to preliminary data.This marks the lowest rate since February, before the Iran war disrupted energy supplies and pushed oil prices higher, though it remains above t…
The Sultanate of Oman is marking a strong presence at the 50th Dar es Salaam International Trade Fair "SabaSaba 2026" in the United Republic of Tanzania, attracting a notable turnout at its national pavilion. The pavilion features the Public Establishment for Industrial Estates “Madayn”, Ministry o…
Riyadh, Kingdom of Saudi Arabia: Acwa, the world’s largest private water desalination company, a leader in the energy transition, and a first mover into green hydrogen at scale, has signed a Public-Private Partnership (PPP) and Power Purchase Agreement (PPA) for the development, financing, constru…
Asia appears to have withstood the global energy price shock reasonably well, Capital Economics' Gareth Leather says in a webinar. The region looked vulnerable initially when the Iran war broke out, due to its heavy reliance on energy supplies from the Middle East. However, many Asian governments p…
Euro zone inflation eased last month far more than expected, further curbing pressure on the European Central Bank to raise interest rates again this month to offset quick price growth.Overall inflation in the 21 nations sharing the euro currency slowed to 2.8% in June from 3.2% in May, coming well…
South African manufacturing sentiment deteriorated in June as weaker demand weighed on new orders, though lower oil prices boosted confidence about future business conditions, a purchasing managers' index (PMI) survey showed on Wednesday.
The pound opened the third quarter at $1.32, near a seven-month low, after a 1.4% drop against the US dollar in June, driven by political uncertainty, a stronger dollar, and the Bank of England’s dovish stance.Investors are closely following the ECB’s Sintra Forum for insights into economic outlook…
BRUSSELS (dpa-AFX) - The Dutch economy expanded more than initially estimated in the first quarter of 2026, the latest data from the Central Bureau of Statistics showed on Wednesday.Gross domestic product rose 0.2 percent sequentially, following a 0.4 percent increase in the fourth quarter. In the…
The Stanbic IBTC Bank Nigeria PMI eased to 53.4 in June 2026 from 54.1 in May, but remained well above the 50-point threshold.The pace of growth in output and new orders softened from the previous month, while manufacturing was the only broad sector to record a decline in business activity.Despite…
Riyadh, Saudi Arabia: Magna AI, Inc., the global integrated-value-chain sovereign AI transformation leader established through a partnership between Trend Micro and Wistron Digital Technology Holding Company (WDH), powered by NVIDIA, today signed a strategic collaboration agreement with Arabic.AI…
Industrial activity across Central Europe diverged in June, with the Czech Republic and Hungary recording renewed growth above the 50-point threshold, while Poland saw a marked deterioration, with its PMI falling deeper into contraction.The S&P Global Poland Manufacturing Purchasing Managers' Index…
The S&P Global Manufacturing purchasing managers index recorded its fifth straight month of growth despite registering a small fall to 51.4, slightly below May’s 51.6.Output strengthened, reaching a two‑month high, supported by a modest improvement in demand. Despite this, supply conditions remaine…
Umm Al Quwain, UAE: Sobha Realty, a leading luxury real-estate developer globally and National Bank of Umm Al Qaiwain (NBQ), have signed a Memorandum of Understanding (MoU) to provide preferential mortgage and financing solutions for customers purchasing off plan residential units across Sobha Real…
The U.K. government may have to increase taxes or reduce spending in some departments to finance defense spending, RBC Capital Markets strategists say in a note. The government published the Defence Investment Plan on Tuesday, outlining 10.3 billion pounds ($13.6 billion) of funding to be raised by…
Dubai, UAE – Fractional | Dubai, the fractional executive search partner for UAE SMEs, has officially launched across the Emirates. Founded by Rhys Holding and Sam Loyd, both experienced fractional executives with senior leadership experience across the GCC, UK and Singapore, Fractional | Dubai bri…
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