Since January, Trump has imposed levies on major trading partners Canada, Mexico and China, and on steel and aluminum imports,...
A study by the World Economic Forum reveals that AI could replace around 85 million jobs by 2025
The GCC countries are likely to benefit from the relative stability in their financial covers due to high oil prices...The GCC countries are likely to benefit from the relative stability in their financial covers due to high oil prices and strong energy exports in 2022, reports suggest
Inflation in the GCC averaged at around 4 percent mark and showed a downward trend for most countries in the region during the second half of 2022, they add
The proposed factory will be spread over 300 acres."Apple phones to be built in the state soon," Karnataka state chief minister Basavaraj S Bommai tweeted on Friday
"Apart from creating about 100,000 jobs, it will create a whole lot of opportunities for Karnataka," he added
Firm booked profit despite supply chain disruptions.German automaker Volkswagen on Friday said it booked a higher profit in 2022 despite supply chain disruptions and increased costs.
The group expects vehicle deliveries to rise to around 9.5 million this year, from 8.3 million in 2022.
- DUBAI, UAE - UAE Ministry of Health and Prevention (MoHAP) hosted a regional expert meeting on healthy diet policies in...
The meeting aimed to discuss recent developments in healthy diet policies, with a special emphasis on the UAE and GCC countries
Senior officials and experts from the UAE's health and related sectors, as well as representatives from the GCC states, attended the meeting
DUBAI, UAE - Dubai Electricity and Water Authority's (DEWA) Research and Development Center has obtained its eighth patent for a...The device employs real-time kinematic processing techniques to process data collected on-site.
It works with a smart device developed by the R&D Center, which uses a smart app to read the updated coordinates in seconds.
- With a score of 110.50, it jumped straight from 35th place last year to the top of the list.
With a score of 110.50, it jumped straight from 35th place last year to the top of the list
This is mainly due to the recent changes allowing foreigners to apply for dual citizenship
“Trade has had an indelible impact on our soft power. Located at a strategic global crossroads, the UAE is one...The UAE is a global gateway that believes in collaboration, cooperation and knowledge exchange as the main factors for economic and social growth, says a key minister
The Gulf country continues to advocate for open, rules-based trade as a means of catalysing inclusive and broad-based growth, adds Dr Thani bin Ahmed Al Zeyoudi
- The Egyptian pound has lost half of its value, propelling annual inflation in the import-dependent country to 26.5 percent in...
The Egyptian economy was hit hard after Russia's February 2022 invasion of Ukraine unsettled global investors, leading them to pull billions out of the North African country
The war has sent wheat prices spiralling, heavily impacting Egypt - one of the world's largest grain importers - and piling pressure on its foreign currency reserves
Brussels, Belgium - The eurozone annual inflation rate fell to 8.5 percent in February, the EU's statistics agency said Thursday,...Inflation was down last month from 8.6 percent in January but analysts at financial data firm FactSet had forecast a steeper fall to 8.2 percent
A continued decline in the rate of energy costs had pushed consumer prices lower but in February the rise in food and drink costs outpaced that of energy
FRANKFURT, GERMANY - More interest rate increases may be needed beyond the one coming later this month, European Central Bank president...The ECB has lifted rates at an unprecedented pace in recent months to cool inflation.
ECB president said the pace of future hikes was "impossible" to predict and would be decided by the economic data available at the time.
