Arab-American relations remain a crucial factor affecting the region. Washington remains a strategic ally for the Arab countries, particularly the Persian Gulf states, and it is not likely that they will adopt a hard stance against American policies, including a flat rejection of Trump’s so-called

MANILA( Reuters)-Developing Asia's economic growth this year will be slightly lower than previously projected, the Manila-based Asian Development Bank said on Tuesday, citing the resurgence of COVID-19 infections in countries. The ADB said recovery was underway in" developing Asia", referring to the bank's 46 members, including China and India, but growth was revised down to 7.2% from 7.3% projected in its Asian Development Outlook( ADO) report released in April. The bloc's combined economy was

KUALA LUMPUR: The Asian Development Bank( ADB) lowered its 2021 economic growth outlook for developing Asia, amid continuing concerns over the coronavirus disease( Covid-19) pandemic.In a statement on Wednesday, ADB forecasts growth of 7.1% this year, according to an update of its flagship economic publication, Asian Development Outlook( ADO) 2021.... That compares with a projection of 7.3% in April. However, the growth outlook for 2022 is raised to 5.4% from 5.3%.... New Covid-19 variants, re

The Asian Development Bank for the second time in three months has scaled down India's growth estimate for the fiscal year ending March 2022 due to supply chain issue of industries. The Manila-based multilateral development bank pegged India's growth estimate at 9.7% for the current fiscal year in its latest supplement.... The ADB had projected a growth rate of 10% for FY22 in its September supplement.In a supplement to the Asian Development Outlook( ADO) 2021, it said South Asia is forecast to

The Asian Development Bank( ADB) on Wednesday retained India's economic growth forecast at 6.4 per cent for FY24 on recovery in consumption demand in both rural and urban areas, but said suppressed exports due to global slowdown will be a drag. The Indian economy grew 7.2 per cent in 2022-23.In an update to its Asian Development Outlook( ADO), ADB lowered its inflation projection for current fiscal year( FY24) at 4.9 per cent, from 5 per cent pegged in April, on softening crude oil prices, even

Join our Whatsapp channelWASHINGTON: The United Nations Security Council has hailed the role of the Organisation of Islamic Cooperation( OIC) in resolving global conflicts.In a presidential statement ado-pted by consensus on Wednesday, the 15-member Council acknowledged OIC’s efforts in coordination with the United Nations. ADVERTISEMENTContinue to videoNextStayPlayback speed1x NormalQualityAutoBack720p360p240p144pAutoBack0. 25x0. 5x1x Normal1. 5x2x/ SkipAds by It hailed OIC’s contributions to “

But the budget that will garner all the attention is, frankly, much ado about nothing.... Most of the propertied classes’ disposable income is spent on conspicuous consumption, including expensive imported goods and services.... Interesting, isn’t it, that the IMF was displeased about the proposal to ban the im--port of at least some of the commodities that tickle the fancies of the rich and powerful?...

KUALA LUMPUR: A total of 10, 701, 460 individuals or 45.7% of the adults in the country have received a booster dose of a Covid-19 vaccine as of Sunday( Jan 23). According to the Health Ministry’s CovidNow portal, 129, 378 vaccine booster doses were administered on SundayMeanwhile, a total of 22, 915, 836 individuals or 97.9% of the adult population have completed their vaccination while 23, 193, 511 individuals or 99.1% of the group have received at least one dose of a Covid-19 vaccine. For ado

In response, Imran called on the youth to remove the obstacles themselves. Imran Khan had arrived at the Wali Interchange in Khyber Pakhtunkhwa by helicopter.... Footage of Imran arriving at the interchange showed PTI activists converging on the chopper. View this post on Instagram A post shared by Churail Sarwat(@ sarwatg) Imran Khan, later, departed for Islamabad from the Wali Interchange in Khyber Pakhtunkhwa.... Afterwards, PTI tweeted a photo of Imran waving to supporters from a truck ado

Chip giant Intel has been in India for over two decades and has been an integral part of the Digital India roadmap. Prakash Mallya, Vice President and Managing Director-Sales, Marketing and Communications Group, Intel India, in a conversation with Shivani Shinde, talks about Intel’s take-on issues such as the recent tech glitches that Indian government portals have seen, the pandemic’s impact on education and Intel in India.... Excerpts: What is the one big trend that will impact the future ado