French President Emmanuel Macron on Saturday condemned US President Donald Trump's threat to impose 30-percent tariffs on the European Union,...
While Trump imposed a sweeping 10 percent tariff on goods from almost all trading partners in April, higher rates customized...
Amman, Jordan-- Trade between Jordan and non-Arab Asian countries has shot up in the first quarter of 2023, with the...The kingdom's exports to the Greater Arab Free Trade Area increased by 1 percent in Q1 of 2023 to touch $1.14 bn as against $1.13bn in the same period of the last year
Its exports to the American Free Trade Agreement countries rose by 2.6 per cent in Q1, touching nearly $898 million, compared to $876 million for the same period last year
A former assistant of Riad Salameh, the governor of Lebanon's central bank, has been charged with money laundering by France....Marianne Hoayek was grilled in Paris on Friday and placed under investigation for criminal conspiracy and money laundering
Salameh has denied any wrongdoing and says he built his fortune when he worked in Merrill Lynch before becoming central bank governor
The Middle East and North Africa region scores only 62.6% in gender parity, and at the current pace, the region...The Middle East and North Africa region scores only 62.6% in gender parity, and at the current pace, the region will achieve full parity in 152 years, says a WEF report
Solutions like Gender Parity Accelerators and DEI Lighthouse Program are being implemented, but the path to gender parity remains a challenging one, it adds
PARIS, FRANCE - French Minister of Foreign Trade Olivier Becht said his country and the UAE share a common vision...The UAE and his country are working together on low-carbon energy solutions, the French minister said.
The minister highlighted the rising number of natural disasters globally caused by climate change.
Wall Street rises as US consumer inflation moderates.The personal consumption expenditure index measure of inflation eased to 3.8 percent year-on-year in May.
The data comes on the heels of other upbeat economic reports this week adding to hopes the US economy can avoid a recession.
VIENNA, AUSTRIA - A new US$60 million loan by the OPEC Fund for International Development (OFID) and partners is expected...The project will include constructing a 166km overhead transmission line connecting the Kagera region to the national grid.
Tanzania is investing in expanding its hydropower capacity with plants under development at Rusumo and Kakono in its northwestern region.
RAS AL KHAIMAH, UAE - Ras Al Khaimah Economic Zone (RAKEZ) has announced the addition of over 1,500 new companies...This robust growth represents a remarkable 132 percent increase compared to the same period in 2022.
The majority of these investors are from countries such as India, Pakistan, the UK, Egypt and Russia.
- Pakistan's negotiations with the IMF for the last tranche of a $6.5 billion bailout package agreed in 2019 stalled in...
The economy has been stricken by a balance-of-payments crisis, while months of political chaos have scared off potential foreign investment
Inflation has rocketed, the rupee has reached a record low against the dollar, and the country can no longer afford imports
The International Monetary Fund warned in a report that Lebanon's failure to implement reforms could have "irreversible" consequences for the...In April 2022, Lebanon and the IMF reached a conditional agreement on a $3-billion-dollar loan needed to save the economy.
Lebanese officials have still yet to enact the substantial changes required to kickstart the 46-month financing program.
Washington, United States - US economic growth came in at two percent in the first quarter this year, the Commerce Department...The growth of 2 percent for US economy is markedly higher than the annual rate of 1.1 percent originally estimated.
However, GDP growth in the world's biggest economy has still cooled from 2.6 percent in the final three months of 2022.
