UAE and Greece hold talks to widen economic cooperation
Athens, Greece-- The UAE and Greece have held talks in Athens on a wide range of economic and strategic issues...Economy
High inflation leaves Nigeria struggling ahead of Ramadan
Lagos, Nigeria - The holy fasting month of Ramadan begins early next week in Nigeria, with the worst economic crisis in...Culture & Society Economy Geostrategy
Dubai Chambers adds 56,000 new members during 2022
Dubai, UAE--Dubai Chambers' membership increased by 20 percent in 2022 to 347,600, adding 56,000 new members during the year.In a...The Chambers said the exports and re-exports of its members grew by 20 percent in 2022, totaling AED272.7 billion.
Dubai International Chamber opened four new international offices in 2022, growing its international network to 15 offices.
Saudi non-oil exports down by 24 percent to $6 billion in Dec 2022
Riyadh, Saudi Arabia-- Saudi Arabia's non-oil exports (including re-exports) fell by 24.4 percent to SAR 22.7 billion ($6.05 billion) in...Overall merchandise exports increased by 1.1 percent in December 2022, SAR 108.2 billion, compared to SAR 107.0 billion in December 2021.
This increase was mainly due to oil exports, which rose by SAR 8.5 billion or 11.1 percent in the same period,
Sharjah, Costa Rica explore trade, food security
SHARJAH, UAE - Chairman of the Department of Government Relations (DGR) in Sharjah Sheikh Fahim Al Qasimi recently met with...The Costa Rican delegation was briefed on Sharjah free zones and industrial zones.
The Costa Rican minister said the meeting explored opportunities to strengthen trade between the two sides.
FNC Speaker, Canadian Senate Speaker discuss strengthening parliamentary ties
ABU DHABI, UAE - Speaker of the UAE Federal National Council Saqr Ghobash received the visiting Speaker of the Senate...UAE and Canada discussed the development and activation of parliamentary diplomacy between the two countries.
The meeting touched on the latest developments in the region and efforts aimed at confronting terrorism and extremism.
How does aid get into rebel-held northwest Syria?
More than four million people live in areas outside government control in Syria's north and northwest, 90 per cent of...The UN largely delivers relief to Syria's northwest via neighbouring Turkey through the Bab al-Hawa crossing
On February 13, the United Nations said Damascus had allowed it to use Bab al-Salama and Al-Rai crossings for three months
Asian markets mixed, with rates set to go higher
With Wall Street closed Monday for Presidents' Day there were few catalysts for regional investors, with focus on the release...Some Fed officials have even suggested they were open to lifting rates by 50 basis points next month, twice as much as expected by markets
That has dealt a blow to hopes the central bank would stop hiking soon and even begin cutting rates before the end of the year
Israel Finance Minister Smotrich vows central bank independence
Israel's inflation rate hit a 14-year high of 5.4 percent in January, prompting the central bank to raise interest rates...Israel's inflation rate hit a 14-year high of 5.4 percent in January, prompting the central bank to raise interest rates by half a percentage point
On Monday, foreign minister Cohen slammed the central bank for raising its benchmark interest rate again at a time when inflation was moderating
Jordan, Algeria discuss closer economic cooperation
AMMAN, JORDAN - A Jordanian ministerial delegation met with a number of Algerian ministers in the North African country on...Jordan and Algeria reached an agreement on a roadmap to advance economic, trade, and investment cooperation for the years 2023–2025.
The road map highlights key cooperation projects with the objective of expanding trade exchanges, inter-investment volume.
UK finances post stronger surplus before key budget
London, United Kingdom--UK government finances recorded a stronger surplus than expected last month, official data showed Tuesday, news that analysts said...UK borrowing soared over the year on support schemes to help the country cope with rocketing energy bills
The country is facing the biggest industrial action by public and private sector staff in more than a decade as they seek pay rises in line with sky-high inflation
Israel parliament gives initial approval to judicial reform bill
Lawmakers voted by 63 to 47 to give more weight to the government in the committee that selects judges, and...Lawmakers voted by 63 to 47 to give more weight to the government in the committee that selects judges, and to deny courts the right to rule on legislation
Opposition leader Yair Lapid accused the coalition of pushing Israel towards civil war, saying if "you care about Israel and its people" then "you'll halt legislation today"
