The figure, calculated by the two organizations, stands in contrast with the 2.4 percent rate in force at the time...
New York, United States - Generative artificial intelligence assistants like ChatGPT are cutting into traditional online search traffic, depriving news...
Doha, Qatar--Planning and Statistics Authority (PSA) of Qatar has released the new monthly Producer Price Index (PPI) of the Industrial...According to data, chemicals and chemical products prices decreased by 1.31 percent, followed by food products which fell by 0.76 percent
There was a dip in the prices of utilities like electricity, gas, steam, and air conditioning supply by 2.58 percent compared to June 2023
According to TASS, quoting a diplomatic source, Turkey's Foreign Minister Hakan Fidan will propose to Russia at the upcoming talks...The diplomatic sourced quoted by TASS said that Turkey views the grain corridor as the most efficient and safe
He further said the deal if resumed in original format can prevent the expansion of the Ukranian conflcit into the Black Sea
“The country's foreign trade will continue to thrive due to these CEPAs. Agreements with Türkiye and Indonesia are slated for...CEPA agreements with India and Israel have boosted trade, with new deals involving Türkiye and Indonesia coming in September
The UAE targets doubling its GDP by emphasizing innovation, advanced technologies, and expanding global service exports in trade
Dubai, UAE - The Ministry of Human Resources and Emiratisation (MoHRE) revealed that 565 companies were proven to have hired...The private sector now employs over 81,000 nationals, representing the highest level of Emiratization in the country's history
The ministry has ceased Nafis payments from nationals proven to have been involved in fake Emiratisation and recovered previous financial support
Washington, United States - Economic growth in the United States was weaker than first estimated for the April to June period,...GDP growth in the world's biggest economy came in at 2.1 percent for the second quarter, down from the initial estimate of 2.4 percent.
Economists have been warning of a possible downturn as the US central bank rapidly lifted interest rates to tamp down demand and lower inflation.
The results are buoyed by record non-oil exports, which reached AED 205 billion in H1 2023, an 11.9 percent growth...Imports increased to AED 693 billion, up 17.5 percent compared to the first half of 2022 and 2.6 percent more than the second half of 2022.
China has retained its position as the UAE’s leading global trading partner, followed by India, the US and Saudi Arabia.
The mood was brightened by a report that China's biggest state-backed banks would slash rates on mortgages and deposits as...A separate report revealed consumer confidence falling owing to concerns about jobs, higher rates and lingering inflation.
The readings come ahead of the release of the Fed's preferred gauge of inflation -- the personal consumption expenditures price index -- this week.
Tehran, Iran - Iran's in-situ and proven mineral reserves are now worth more than $15 billion, the director general of...The reserves encompass six different minerals comprising iron ore, lead and zinc, gold, copper, antimony, and coal
Discoveries include 100 million tons of iron ore concentrate, 79 million tons of gold concentrate, and 1.32 billion tons of copper concentrate
Online celebrities best known for posting about video games are also dropping in unexpected plugs for gasoline stations, fuel rewards...Analysts say companies are targeting young people on social media to shore up their oil and gas-based business even as countries seek cleaner alternatives to limit global warming
One gamer, who has 178,000 followers for her @chica account on Instagram, drew sighs of dismay with a recent post showcasing a new Shell-sponsored feature in video game Fortnite
Riyadh, Saudi Arabia - Riyadh is set to host the exhibition and conference industry show Expo Expo MENA on September...Expo Expo MENA will feature over 100 exhibitors specializing in the field of presentations and conferences from various countries around the world
With its first Middle Eastern edition, the event offers the opportunity for international decision-makers in the industry to convene in Riyadh
