Industries

Fears of a global recession have been compounding in the recent past, with emerging signs of weakness in economic growth and other high-frequency parameters. The Russo-Ukrainian war has weakened global economic sentiment, with aggressive central bank interest rate hikes to curtail inflation also fueling recessionary fears. To provide decision-ma...

From a $1.90 trillion market in 2015, the global halal economy will expand to an approximate $4.60 trillion economy by 2030 under a baseline scenario, potentially reaching $4.96 trillion under an optimistic scenario. Aside from Organization of Islamic Cooperation (OIC) member countries, growth opportunities will increasingly emerge across non-OIC m...

Spared of widespread coronavirus outbreaks, the Kenyan economy reported a small economic contraction in 2020 as robust growth across agriculture, financial services, real estate, and construction largely offset the sharp decline in hospitality, tourism, and transport services. The economy registered an impressive rebound in 2021, led by the broad-b...

Following a robust economic recovery in 2021, global economic conditions were set to slowly normalize in 2022, with downside restraints emerging from the tightening of global financial conditions, sporadic virus outbreaks, and supply disruptions. However, the Russo-Ukrainian war has unleashed new levels of volatility across the global economy. Glob...