- The Jordanian-German discussions covered a wide range of vital sectors including education, water and renewable energy
The Jordanian-German discussions covered a wide range of vital sectors including education, water and renewable energy
The aid also comprises 15 million euros as an additional grant for the National Water Carrier Project
- The package will help meet Ukraine's "urgent balance of payment needs... while playing a catalytic role for future financial support...
The IMF also said Ukrainian authorities deserve considerable credit for having maintained an important degree of macro-financial stability
IMF Managing Director Kristalina Georgieva said that key policies have been geared toward safeguarding priority expenditures and preserving financial stability
- While Saudi Arabia has said it does not use oil as a political tool, US experts see this as a...
The move may have ‘serious consequences’ for Saudi Arabia and irreparable damage to its relationship with the Biden administration, warn analysts
Economists in Europe, meanwhile, worry that the OPEC+ decision to cut oil production will deepen the continent’s economic and energy woes
- Delegations from France and Italy have visited the Expo Center Sharjah to discuss ways to strengthen cooperation and exchange expertise...
The meetings were held on the sidelines of the 50th edition of the Watch & Jewelry Middle East Show.
The delegations toured the exhibition and looked into ways to work with the center.
- Stocks mostly slid and the dollar surged after US jobs data showed only a timid slowdown in the labor market,...
There was a brief rebound at the start of the week as investors hoped data pointing to economic slowdown would allow the Fed to slow down rate hikes.
Rising interest rates boost the dollar as foreign investors seek to buy dollar-denominated debt.
- A high-level UAE delegation, on a visit to Egypt, met with senior officials of the Egyptian Ministry of Defense.
The two sides discussed opportunities for strengthening the overall relations between the UAE and Egypt.
They discussed promoting partnerships between the defense industry of the two countries.
- World food prices have fallen for a sixth month in a row in September, UN data showed as they continued...
The UN agency FAO said its price index averaged 136.3 points in September, a 1.1 percent drop from August.
The monthly decline was driven by a "sharp fall" in the prices of vegetable oils, the United Nations agency said.
- EU leaders meeting in Prague looked to bridge divisions on how to tackle soaring energy prices as they grapple with...
EU leaders were discussing how to better protect their critical infrastructure in the wake of leaks from the Russia-Europe Nord Stream gas pipelines.
Europe is facing an energy crunch as the price of electricity generation skyrockets because of a massive surge in gas prices.
- The South Korean tech giant, Samsung Electronic, has said that it expects operating profits in the third quarter to fall...
Operating profit for July to September was predicted to reach 10.8 trillion won ($7.7 billion), down 31.7 percent
The global economy is now facing multiple challenges, including soaring inflation, rising interest rates, and a growing threat of a broad debt crisis





















