The Federal Reserve kept interest rates at the current target range of 4.25 percent to 4.50 percent after its January meeting, according...
Davos Switzerland - The rapid adoption of AI and automation is redefining labor markets, reshaping industries, and transforming skills globally,...
Kyiv, Ukraine--Ukraine estimates its grain harvest fell by around 40 percent year on year due to the Russian invasion, a representative...Ukraine is a major exporter but Russia's invasion in late February stopped shipments and blocked 20 million tonnes of grain in Ukraine's ports
In July a landmark deal signed and brokered by the UN and Turkey established a safe shipping corridor for exports to resume
In order to achieve the Vision 2030 goals, the PIF and its portfolio companies seek to help the kingdom grow...According to a report by S&P Global Rating, the Public Investment Fund (PIF) has US$620 billion of assets under management
The Saudi Stock Exchange, Tadawul, is the largest equities market in MENA by market capitalization and trading volumes
Abu Dhabi, UAE-- The UAE Public Prosecution has ordered the arrest of a private company director who was proven to...The suspect allegedly forged e-documents, faked employment contracts, and falsely stated that his company had hired Emirati citizens
The UAE Attorney-General, received a report about the incident from the Ministry of Human Resources and Emiratisation and ordered the launch of an urgent investigation
A key indicator of US inflation edged down from a year ago in November, according to government data, in welcome...The US Federal Reserve's preferred inflation measure, the personal consumption expenditures price index, rose 5.5 percent last month.
This was slightly below October's level but remains significantly higher than policymakers' target of two percent inflation.
- "The problem with Lebanon is that we must solve people's problems and get rid of those who cannot do it,"...
Macron has taken the lead in international efforts to bail out the Lebanese economy after a collapse in the value of the Lebanese pound plunged most of the population into poverty.
International lenders have demanded that Lebanon adopt a programme of painful economic reforms in return for releasing billions of dollars in bailout loans.
- Iraq's prime minister appealed to visiting Italian counterpart Giorgia Meloni for closer economic ties with his oil-rich country suffering from...
Italian oil firm Eni has been involved in exploration and production in Iraq for over a decade.
The United Nations says Iraq is one of five countries most exposed to some impacts of climate change.
- The move will help Dubai in becoming a cashless economy.
Government entities and merchants will now be able to receive payments from their customers in an easy, flexible, unified and secure manner.
The new payment ecosystem is set to transform the existing gateway.
Sharjah, UAE--- A Women under the age of 40 lead 77.6 percent of the women-owned businesses in the UAE, a...The survey found that of the 1,000 female business owners who took part in the survey, 48.8 percent are CEOs and 61.4 percent sole proprietors.
A total of 25,000 Emirati women entrepreneurs owned 50,000 trade licenses valued at AED 60 billion ($16.33 billion) in 2021.
Facebook parent Meta has agreed to pay $725 million to settle a long-running lawsuit that accused the social network of...The settlement must be approved by a judge in the San Francisco division in the US District Court.
The lawsuit was initiated in 2018, when Facebook users accused the social network of violating privacy rules by sharing their data with third parties.
- Complicating matters has been the loss of EU workers in sectors such as health, hospitality and agriculture, even if some...
The problem is not the customs duties, largely eliminated by the post-Brexit free trade agreement between London and Brussels
The government of Prime Minister Rishi Sunak has said it believes the UK economy has entered a recession on fallout from sky-high inflation
