Economy

Rising demand for clean energy technologies is driving a surge in critical minerals, with global demand expected to triple by 2040, Anadolu Agency revealed citing the International Energy Agency’s (IEA) Global Critical Minerals Outlook report. These minerals—lithium, nickel, cobalt, graphite,…

The global halal packaging market is on track to surpass USD 705 billion in 2025, driven by an 8.91% compound annual growth rate (CAGR), Open PR reported. Valued at USD 647.70 billion in 2024, the market is fueled by rising…

The OECD projects global GDP growth to decline from 3.2% in 2024 to 3.1% in 2025 and 3% in 2026, Xinhua reported. This downward revision is attributed to “higher trade barriers” in G20 economies and increased geopolitical uncertainty affecting investment…

The global halal food and beverage market was valued at approximately $2.3 trillion in 2022 and is expected to reach around $7.5 trillion by 2032, reflecting a compound annual growth rate (CAGR) of 12.4% from 2023 to 2032, a report…

A recent study published in Nature Food warns that climate change could jeopardize up to a third of global food production, Anadolu Agency reported. Researchers from Aalto University, Finland, analyzed the effects of rising temperatures, altered precipitation, and increasing aridity…

According to a recent report by The Business Research Company, the halal food market is projected to grow from $1,727.74 billion in 2024 to $1,995.08 billion in 2025, reflecting a compound annual growth rate (CAGR) of 15.5%, Whatech.com reported. This…

The Halal Food Market is projected to grow significantly, reaching approximately USD 3,739 billion by 2033, up from USD 1,305 billion in 2023, with a compound annual growth rate (CAGR) of 11.1%, Newswires reported. The Asia Pacific region leads the…

Tanzania welcomed 5.36 million tourists in 2024, surpassing its target of 5 million by 2025, according to Pindi Chana, the Minister for Natural Resources and Tourism. Speaking at a meeting in Dar es Salaam, Chana revealed that 3.22 million of…

The price of Bitcoin surged past $109,000 on Monday, marking an all-time high, Anadolu Agency reported. Over the past 24 hours, the largest cryptocurrency experienced a low of $99,400 and a peak of $109,110. Prior to the US elections in…

Layoffs in the technology sector decreased significantly in 2024, with approximately 152,000 workers laid off, a 42% reduction from the previous year, according to data from Layoffs.fyi compiled by Anadolu Agency. In total, 549 tech firms worldwide implemented job cuts…