35 percent of CEOs worldwide identify #inflation as the most critical #economic issue facing their countries, followed by boosting #consumer...
Beijing, China - China's central bank on Monday said it had cut two key interest rates to historic lows, in the...
The hard-left CGT union, which launched the industrial action three weeks ago, said that workers at three TotalEnergies sites had...Four of France's seven refineries and one fuel depot were out of action, after strikers rejected a pay offer from the hydrocarbon industry leader.
The blockages have caused queues outside petrol stations, and worry across all sectors of the economy, from mobile healthcare workers to farmers.
- UAE Minister of Climate Change and the Environment Mariam bint Mohammed Almheiri said that the crises facing the world today...
The UAE has launched the Agriculture Innovation Mission for Climate (AIM for Climate) in partnership with the US.
The objective is to raise investments worth US$8 billion in sustainable and climate-smart agrifood systems based on modern technologies.
The UAE stock market followed the trend of other markets worldwide and ended the week on a high note but...A 5.2 percent gain in Multiplay Group's share price, a 3.3 percent increase in Aldar Properties' share price pushed the Abu Dhabi index up 0.9 percent on Friday (October 14).
The Dubai index rose 0.8 percent on Friday (October 14, 2022), led by the gains in the real estate and banking sectors.
- LuLu Exchange – one of UAE’s leading financial service providers, announced that it has signed an agreement with the country's...
The company has taken this step to streamline customers' experience, perform instant and highly secure face matching verification.
This will eliminate the need for customers to physically visit a branch for initial KYC verification.
This year’s publication will again be accompanied by a smart app to give increased access to the WOO’s vital analysis...This year’s publication will again be accompanied by a smart app to give increased access to the WOO’s vital analysis and energy data
First published in 2007, the WOO provides an in-depth review and analysis of the global oil and energy industries
- The fund trimmed its world growth forecast to 2.7 percent in 2023, and its chief economist Pierre-Olivier Gourinchas cautioned that...
Nadia Calvino's remarks came as finance ministers and central bankers gathered in Washington for the IMF and World Bank annual meetings
There has been a "very strong call" throughout the week for Russia to stop its war against Ukraine, said Calvino
- Continuing with the kingdom's role to support "everything that will contribute to de-escalation," Saudi Arabia has announced $400 million in...
Saudi Arabia last month played an unexpected role in facilitating a prisoner-of-war swap between Moscow and Kyiv
The kingdom has come under growing criticism from Washington after the Saudi-led OPEC group of oil exporters agreed on a drastic production cut with Russia and other allies
MENA residents' satisfaction and expectations about how services can and should be delivered have been radically altered due to the...MENA residents' satisfaction and expectations about how services can and should be delivered have been radically altered due to the COVID-19 pandemic
Increased interest and spending on technological infrastructure, especially artificial intelligence is in line with the global trend toward digitization
- Berlin, Germany - Germany on Friday said it had filled its gas reserves to 95 percent of capacity faster than...
Europe's largest economy had been heavily dependent on Russian gas and has raced to bolster its reserves after deliveries from Russia halted.
The government said energy-saving measures in recent weeks and massive purchases of gas from other suppliers had led to significant progress.
Large US banks reported a round of solid quarterly profits, but cautioned of rising recession risks as the economy absorbs...There are worries including on stubborn inflation that has prompted significant central bank interest rate hikes.
There are concerns over geopolitical fallout from the Ukraine crisis, uncertainty in the oil market and worries about European energy security this winter.
