- Stock markets jumped after data showed US inflation slowed further in May, raising hopes the Federal Reserve will pause its...
The dollar fell against other major currencies as the greenback usually benefits from higher interest rates.
The US central bank has raised interest rates 10 straight times in efforts to combat elevated inflation.
- ABU DHABI, UAE - Hub71, Abu Dhabi's global tech ecosystem, on Tuesday announced the winners of The Outliers Program, which...
Participating startups have been recognized for their innovative solutions in various challenges set by Hub71’s strategic partners as part of The Outliers.
The winning startups were successful for the companies’ ability to implement innovative products and services that can have a positive impact.
- War-torn Libya is regularly criticised for its handling of migrants, with rights groups alleging horrific treatment by smuggling gangs and...
Libyan authorities have arrested thousands of men, women and children from the streets and their homes or following raids on alleged traffickers' camps
Libyan authorities must grant United Nations agencies and aid organizations "unimpeded access to detainees in need of urgent protection", UNSMIL added
- That crucial accord granting safe passage for Ukrainian grain to be exported via Black Sea ports despite Moscow's invasion was...
Grain deal helped alleviate food shortages triggered by the Russian invasion of Ukraine, a major grain exporter, and its blockade of Ukrainian ports
The resumption of Russia's ammonia exports through the pipeline is one of Moscow's conditions to continue with the grain export deal
- Dubai, UAE-- The UAE'S Ministry of Human Resources and Emiratisation (MoHRE) has extended the deadline for private sector to hire...
The ministry said the decision to give companies more time to reach their targets to hire Emiratis was taken by taking into account the Eid holidays
MoHRE has warned companies in the private sector that non-compliance with the decision will invite a fine of AED42,000 for each Emirati not employed
- Riyadh, Saudi Arabia -- The 10th edition of the Arab-China Business Conference successfully concluded on Monday with the announcement of...
The first day of the conference featured the signing of US$10 billion worth of investment agreements, spanning more than 30 deals across an array of sectors
The conference featured 9 panels, 18 workshops, and several private meetings and hosted 150 speakers to explore, discuss Arab-Chinese economic cooperation
- Dubai, UAE-- The UAE and South Korea are aiming to foster cooperation to promote entrepreneurship and support growth of small...
The UAE's Minister of Economy, Abdullah bin Touq Al Marri, noted the strong business and strategic ties between the two countries, which continue to grow on many fronts
South Korean FDI in the UAE, in insurance, mining, energy, real estate, touched US$2.2 billion in 2021, registering a staggering 73 percent growth since the beginning of 2013
- The EU offered a 900-billion-euro aid package -- contingent on Tunisia reaching an IMF deal. But Tunisian President Kais Saied...
It's clear that Tunisia needs additional assistance if it is going to avoid falling off the proverbial economic cliff, US Secretary of State said during a press conference
Italian foreign minister voiced support for IMF package and said that Prime Minister Giorgia Meloni's government wanted to offer money as "the first step" toward reforms
- He emphasizes the need to tackle the underlying causes of child labor by eradicating forced labor, ensuring safe and healthy...
The root cause of child labor is identified as a systemic lack of social justice, not parental neglect, says ILO's Director-General Gilbert Houngbo
One in every 10 children globally, amounting to 160 million children, are engaged in labor, often at the expense of their education, he adds





















