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Asia stocks waver as policy uncertainty, weaker oil sap confidence

EghtesadOnline: Asian stocks wavered on Thursday as investors grappled with the apparently diminishing ability of major central banks to stimulate growth, while a tumble in crude oil prices added to the risk-averse mood.
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Publish Date:15/September/2016 | 06:44

Saudi Cost Cutting Drive: $20 Billion of Projects May Be Axed

EghtesadOnline: Saudi Arabia is weighing plans to cancel more than $20 billion of projects and slash ministry budgets by a quarter to repair finances squeezed by low oil prices, people familiar with the matter said -- efforts that analysts expect to slow economic growth .
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Publish Date:07/September/2016 | 08:53

MENA Countries Lack Ingredients for Growth

EghtesadOnline: Why do some countries grow faster than others? How do we engineer an economic miracle? Some economists believe that manufacturing growth is like cooking a good dish—all the needed ingredients should be in the right proportion; if only one is under- or overrepresented, the ‘chemistry of growth’ will be sub-optimal. Rapid economic growth can only happen if several necessary conditions are met at the same time, IPS reported.
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Publish Date:31/August/2016 | 24:08

China signals growth, not political disputes, should dominate G20

EghtesadOnline: China expects next month's summit of the G20 which it is hosting will focus on boosting economic growth and other financial issues rather than disputes like the South China Sea, senior officials said on Monday.
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Publish Date:15/August/2016 | 07:55