The European Central Bank is expected to cut interest rates again this week amid a darkening outlook, with political turbulence...
- UN talks aimed at halting the degradation and desertification of vast swathes of land start in Saudi Arabia. Forest loss...
Launched in 2005 by the WIEF Foundation, the WIEF is a global platform created to promote and discuss the latest...Launched in 2005 by the WIEF Foundation, the WIEF is a global platform created to promote and discuss the latest economic developments
The Forum strengthens dialogue, exchanging of ideas and knowledge between senior government officials, academics, and business leaders from around the globe
Zuckerberg said the cuts represented 13 percent of Meta's workforce and would affect its research lab focusing on the metaverse...The tech industry is currently in a serious slump and several major firms have announced mass layoffs -- Twitter's new owner Elon Musk fired half its staff last week.
Ad-supported platforms such as Facebook and Google are suffering from advertisers' budget cuts as they struggle with inflation and rising interest rates.
Dubai, UAE---Dubai real estate market recorded realty deals worth AED2.2 billion ($598 million) on Tuesday, according to the data by...The deals include 544 sales transactions worth AED1.64 billion, in addition to 78 mortgage deals of AED590.54 million.
Residential properties in the UAE remain a top priority for international real estate investors.
“Our job is to create jobs,” UNWTO Secretary-General Zurab Pololikashvili told tourism sector leaders at the World Travel Market.“Our job is to create jobs,” UNWTO Secretary-General Zurab Pololikashvili told tourism sector leaders at the World Travel Market
The WTM offers a platform for public and private sector leaders, addresses tourism’s most pressing issues and sets the agenda for the years ahead
Offshore wind can be deployed at large scale, in short timeframes and at competitive cost, GOWA said in a statement....The Global Offshore Wind Alliance (GOWA) was set up by the International Renewable Energy Agency (IRENA), Denmark and the Global Wind Energy Council
IRENA and the International Energy Agency (IEA) predict that offshore wind capacity will "need to exceed 2000GW in 2050, from just over 60GW today."
- No financial terms were disclosed of the proposed deal.
Bitcoin slid more than five percent, trading back under $20,000 before recovering.
FTX's FTT token slumped 25 percent to its lowest levels since early 2021.
- Global stock markets mostly moved higher as Americans headed to the polls in midterm polls. The dollar got back some...
Investors are waiting on US inflation data due on Thursday for a pointer on the interest path ahead.
The broader S&P 500 and tech-heavy Nasdaq wobbled around before moving higher.
AMMAN, JORDAN - Jordan imported about 405,550 barrels of crude oil from Iraq in October, an average of 13,000 barrels...Jordan had imported roughly three million barrels of Iraqi crude from September 2021 to October 2022.
The crude oil was transported by 11,565 Jordanian and Iraqi tanker trucks.
DUBAI, UAE - UAE's Ministry of Health and Prevention (MoHAP) discussed with the Russian Ministry of Industry and Trade ways...The two sides discussed ways to encourage more Russian companies to transfer some of their production lines to the UAE.
The two sides discussed exchange of medical expertise and ways to expand partnerships in the pharmaceutical sector between UAE and Russia.
Strong performance of the firm's agrochemicals division helped.Bayer reported US$84.9 million in profit in the third quarter of 2021.
Sales rose by 5.7 percent, to more than US$11.18 billion.
