With the publication of its National Environment and Climate Change Strategy in 2021, Qatar has recognised that a proactive and holistic approach is needed to meet the challenge of global warming and environmental degradation.
The Middle East Economy
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Economic update | G7 seeks to support emerging markets infrastructure as BRI investment wanes
3 Aug 2022
Amid rising inflation and debt levels in emerging markets, G7 leaders pledged in June to raise $600bn in private and public funds over five years to finance infrastructure in developing countries and counterbalance the influence of China’s sweeping Belt and Road Initiative (BRI).
As part of plans to expand and diversify its global trade partners, the GCC has launched negotiations with the UK on a free trade agreement that is expected to bolster the bloc’s economy, help attract investment and provide greater opportunities for local businesses.
Economic update | Landmark WTO agreements seek to address the world’s most pressing challenges
7 Jul 2022
As countries face record-high food prices, inflationary pressures and other challenges associated with the economic recovery from the Covid-19 pandemic, the 164 members of the World Trade Organisation (WTO) came together in June to pen several trade agreements to help address some of the world’s most pressing issues.
As rising inflation and the global food crisis place financial pressure on many countries around the world, remittance flows to emerging markets are expected to continue to provide crucial support.
Following the US Federal Reserve’s decision to raise benchmark interest rates in recent months, analysts are closely tracking the impact this will have on emerging markets and their economies.