- Major stock markets mostly dropped as warnings that US interest rates would continue to rise and remain elevated offset growing...
Sentiment is still closely linked to the outlook for US monetary policy as the Federal Reserve battles to bring inflation down from four-decade highs.
Policymakers appear determined to keep lifting borrowing costs until they achieve their goal of two percent inflation.
- ABU DHABI, UAE - Abu Dhabi Chamber of Commerce and Industry (ADCCI) has launched the updated version of its Effortless...
The Abu Dhabi Program for Effortless Customer Experience supports Abu Dhabi’s human-centric approach.
It enables everyone living and working in the emirate and visitors to carry out tasks quickly, seamlessly and effortlessly.
- Cairo, UAE--Egypt's annual urban consumer inflation in December shot up to 21.3 percent from 18.7 percent in November, exceeding analyst...
The price rises followed a currency devaluation in October and restrictions on imports
The central bank allowed the Egyptian pound to depreciate by about 14.5 percent on Oct. 27 and let its value continue to weaken slowly and incrementally in November and December
- In December last year, the kingdom had extended the term of a $3 billion deposit to boost Pakistan's foreign currency...
In December last year, the kingdom had extended the term of a $3 billion deposit to boost Pakistan's foreign currency reserves
Today’s announcement comes a day after Chief of Army Staff General Asim Munir held a meeting with Prince Salman in Madina
- Sharjah, UAE--The Sharjah Department of Public Works (SDPW) conducted a workshop on the "Sharjah Ports, Customs and Free Zones Authority...
Head of the SDPW said that the department supports carbon neutrality in its buildings and is part of UAE's initiative to achieve carbon neutrality by 2050
The SDPW maintained that it applies the highest international and local standards for green buildings and is committed to improving the efficiency
- Some investment trends that emerged at the tail end of 2022 — clean energy, consumer staples, retail, and infrastructure —...
Some investment trends that emerged at the tail end of 2022 — clean energy, consumer staples, retail, and infrastructure — will gain further impetus in 2023, says an expert.
The dire climatic status quo and increasing population may impact consumption patterns, infra needs and utilization of finite resources, adds Neelam Verma of The Continental Group
- "Robust labour markets" alongside "increases in national minimum wages" and "trade unions demand(ing) higher wage increases" are also set to...
Wage growth over the next few quarters is expected to be very strong compared with historical patterns, the ECB said.
In December, inflation in the eurozone dipped under the symbolic figure of 10 percent, after 18 months of uninterrupted increase
- MUSCAT, OMAN - UAE Minister of Education Dr. Ahmad Belhoul Al Falasi and Oman Minister of Education Dr. Madiha bint...
The meeting was held in Muscat and aimed at boosting the coordination and cooperation between the two friendly countries.
The two sides also discussed the exchange of expertise in the field of curriculum development and international tests
- Worldwide acts of piracy fell to their lowest level last year since statistics were first established in 2008, a maritime...
In the Gulf of Guinea, considered a piracy hotspot, just three ships were attacked in 2022 compared to 26 in 2019, the MICA said.
In the same area, the number of kidnappings dropped to two last year, from 146 in 2019.





















