- S&P Global's latest data reveals that the UAE has recorded a strong growth in business across the non-oil economy even...
August had recorded a slightly higher PMI of 56.7, but S&P considers any readings above 50 as growth while those below 50 are marked as contraction
S&P noted that firms also encountered relatively mild price pressures, as input costs rose only slightly after a renewed fall in August
- Prime Minister Liz Truss on Sunday conceded she should have better prepared Britain for her plan, which went further than...
"We cannot have fiscal policy working against the monetary policy by providing untargeted policy support", IMF chief Kristalina Georgieva said Tuesday
UK Finance Minister Kwasi Kwarteng on September 23 announced the debt-driven mini-budget, which slashed taxes and sparked market turmoil
- Morocco - the world's top producer of hashish according to the United Nations - lies on Europe's doorstep and is...
The marginalised Rif region has long been a major source of illicit hashish smuggled to Europe while Moroccan authorities, wary of social unrest, have often turned a blind eye
Growers now hope that a change in the law last year will help them profit legally from medicinal cannabis, increasingly used to treat conditions including multiple sclerosis
- The collaboration could see a staggering one billion litres of natural drinking water flow through Dubai every year, over a...
The collaboration could see a staggering one billion litres of natural drinking water flow through Dubai every year, over a period of 50 years
Fresh Water Norway will be able to avail of DMCC’s services, global connections and network across supply chains and its ability to drive trade flows through Dubai
- US equities posted gains for a second straight session amid hopes of a US monetary policy pivot, after a bruising...
The tech-rich Nasdaq Composite Index led the major indices, powering up 3.3 percent to close at 11,176.41
The Dow Jones Industrial Average rose 2.8 percent to 30,316.32, while the broad-based S&P 500 jumped 3.1 percent to 3,790.93
- Soaring energy prices fuelled by Russia's war in Ukraine have forced a new reality upon European nations, where people are...
The noise of privately owned generators can be heard all over the country as households and businesses try to make up for supply shortfalls from the national electricity company
The Middle Eastern country is rich in oil, but endemic corruption and devastating conflict have taken a heavy toll on its infrastructure and forced most of its people to adapt
- Although the PMI in August was 57.7, the kingdom has maintained steady growth for the 25th consecutive month.
Although the PMI in August was 57.7, the kingdom has maintained steady growth for the 25th consecutive month
Readings above 50 indicate expansion, while readings below 50 indicate contraction, according to S&P Global
- The Riyadh Chamber hosted a meeting in which 23 Russian companies and representatives of the Saudi Arabian business sector participated.
The meeting stressed the importance of commercial relations between Saudi Arabia and Russia.
Businesses can benefit from investment opportunities and partnerships in the two countries.
- Germany pushed back against critics of a 200-billion-euro ($198-billion) energy fund, as Berlin faces fresh accusations it is going it...
France and key members of the European Commission are asking for EU-wide solutions to the energy crunch aggravated by the Ukraine war.
They fear that European countries with high debts cannot afford the largesse demonstrated by Germany, the EU's biggest economy.
- The visas currently under process, even those in the last stages of completion, will also be valid for two years...
The decision comes into effect from October 3, 2022. Earlier, the residence visas were valid for three years.
The UAQ Free Zone says that all residence visas or Emirates IDs issued for three years will be valid until renewal.





















