With national campaigns such as The Emirates: The Startup Capital of the World setting targets of training 10,000 Emiratis and...
In an interview with TRENDS, Josh Lerner says Gulf economies pursuing diversification must recognize that transformation takes time, patience, and...
The UAE and Saudi Arabia’s trade with China and India far exceeds their trade with the US and UK. This...Arab economic powers such as Saudi Arabia and the UAE have intensified efforts to diversify their strategic business relations with China, Russia, and India
Arab powers have also kept their traditional ties with the nations in the European Union and the Americas, particularly the United States, intact
Beijing, China - China's central bank on Monday said it had cut two key interest rates to historic lows, in the...The cuts come just days after the country posted its slowest quarterly growth in a year and a half, underlining the deep economic woes the country faces
Leaders are targeting annual growth of five percent this year, but that goal is being challenged by weak consumption and a prolonged and debilitating debt crisis
- UAE President Sheikh Mohamed meets his Russian counterpart Vladimir Putin to discuss bilateral ties and Middle East. Sheikh Mohamed will...
Moscow and Kiev announced that they had swapped 95 prisoners each following negotiations led directly by the UAE
The UAE and Russia ties have grown closer recently with Putin saying that their bilateral trade had tripled in the past three years to $11.1 billion
- Hong Kong, China - Gold prices hit a record high above $2,700 on Friday as traders piled into the safe-haven commodity...
Bullion hit an all-time high of $2,704.89 in early Asian trade, up from its previous record of $2,688.83 touched on Thursday
Markets have been on edge over the crisis in the Middle East as Israel battles Hamas in Gaza and, more recently, Hezbollah in southern Lebanon
UN experts on Thursday accused the two sides in Sudan's civil war of using "starvation tactics" against 25 million civilians,...The world must pay attention to the largest modern famine taking shape in Sudan today, says UN
Experts say "the volume of aid currently being delivered through this corridor is not enough to meet the population's needs"
- More than one billion people are living in acute poverty across the globe, a UN Development Program report said Thursday,...
455 million live in the shadow of conflict, while 584 million people under 18 were experiencing extreme poverty
India was the country with the largest number of people in extreme poverty which impacts 234 million of its 1.4 billion population
Hong Kong, China- Asian markets mostly fell on Wednesday after a tech-led sell-off on Wall Street fueled by worries about the...Chip titan and market darling Nvidia sank more than four percent
Japan's Nikkei 225 was off more than two percent
Singapore's economy grew more than expected in the third quarter as a rush for everything related to artificial intelligence drove...The City's economic performance is often seen as a barometer of the global environment
Healthy rebound in manufacturing sector powered the 4.1 percent year-on-year Q3 growth
Asia-Pacific markets traded higher on Thursday, following gains on Wall Street that saw the S&P 500 and Dow Jones Industrial...Overnight in the U.S., the S&P 500 rallied 0.71 percent to end at 5,792.04
The labor market is perhaps stronger than FED officials favoring the 50 basis point move had expected
Crude oil prices soared nearly 9% last week, marking the biggest weekly gain since March 2023, following a significant escalation...Israeli officials stated that Israel would target Iran's oil production facilities within Iran
Iran is one of the top 10 oil producers globally, with production exceeding 3.3m barrels per day
