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 emirate has achieved record growth in the service of refuelling vessels during in 2022, as it recorded about 1.1...Dubai is one of the leading players in the maritime sector, as it ranks among the most important global maritime destinations such as London, Singapore, Shanghai and Hong Kong
The emirate has achieved record growth in the service of refuelling vessels during in 2022, as it recorded about 1.1 million metric tonnes, with a growth rate of 30 percent
Since March 2021, bank's stock lost over 75% of value.The Zurich-based lender had waved goodbye to more than eight billion Swiss francs during the global financial crisis 15 years ago
Credit Suisse recorded net asset outflows of 110.5 billion Swiss francs in the fourth quarter of last year alone, mostly in October
- More than 17,500 people have died so far in the 7.8-magnitude earthquake that struck Turkey and Syria.
More than 17,500 people have died so far in the 7.8-magnitude earthquake that struck Turkey and Syria.
Insured losses will be much lower, possibly around $1 billion, due to low insurance coverage in the area.
The firm's revenues rose to US$44.4 billion in 2022.Investors welcomed AstraZeneca's earnings update, with its share price rallying five percent to US$13.7 in London.
The annual net profit was boosted by cancer treatments and the integration of biotech unit Alexion following a takeover.
Revenue climbed by 17 percent to a record US$31.8 billion.Electric cars accounted for 11 percent of sales last year, compared to four percent in 2021.
Volvo Cars accelerated towards the aim of becoming a fully electric car company by the end of the decade and climate neutral by 2040.
Profit was affected as demand for steel fell and production hit.ArcelorMittal took a $1 billion hit after suspending production at its Ukrainian factory in Kryvyi Rig.
The conflict "resulted in low levels of production, sales and income and created significant uncertainty about the timing and ability" of operations.
- Riyadh, Saudi Arabia-- Saudi Arabia's industrial production index (IPI) for December 2022 witnessed a 7.3 percent increase compared to the...
A surge in mining, quarrying, and manufacturing activity helped the growth in IPI.
Manufacturing activity also increased by 18.5 percent in December 2022 compared to the same period last year.
This strain - never before recorded in Iraq - is resistant to the vaccines normally used in the country, leaving...The severe, highly contagious livestock disease has plagued Iraq for decades, but this year's outbreak has already had a devastating impact
Laboratory tests have identified the SAT2 variant of the viral disease, the United Nations' Food and Agriculture Organization (FAO) said
- "An effective partnership model between the public and private sector in Dubai has helped transform innovation into a culture that...
Dubai has become the most inspiring example globally for institutionalising the innovation process, says Abdulla Mohammed Al Basti, Secretary-General The Executive Council of Dubai
An effective partnership model between the public and private sector in Dubai has helped transform innovation into a culture that has enhanced the UAE’s competitiveness, he adds.
Cairo, Egypt-- Moody's has lowered Egypt's sovereign rating by one notch to B3 from B2 on Tuesday, citing the country's...The ratings agency changed its outlook for Egypt to stable from negative
The country has continued to face a foreign currency shortage despite allowing the Egyptian pound to depreciate sharply in recent months
