Sub-Saharan Africa accounts for the global cryptocurrency economy’s smallest share, representing 2.7% of transaction volume worldwide between July 2023 and...
China's central bank on Friday lowered interest rates and injected liquidity into the banking system as Beijing assembled a last-ditch...
The UAE will be relaxing COVID-19 restrictions nationwide which will come into effect starting September 28. Dr. Saif Al Dhaheri,...Official websites of the Ministry of Health and Prevention, the Federal Competitiveness and Statistics Centre and NCEMA will continue to issue updated data.
COVID-19 daily cases announcement will be discontinued.
The volume of trade exchange between the two countries during the first half of this year amounted to AED24.2 billion.Trade between the two recorded a growth of 98.9 percent to reach AED46.5 billion by 2021 end, compared to AED23.4 by 2012 end.
It said non-oil exports accounted for 33 percent of the total non-oil trade during the past ten years, recording a value of AED120 billion.
The world economy will take a bigger hit than previously forecast next year due to the effects of Russia's war...OECD Secretary-General Mathias Cormann said that the world is paying a very heavy price for Russia's aggression against Ukraine.
Global growth stalled in the Q2 in 2022 and data in many economies now point to an extended period of subdued growth.
The UAE recently participated in the fifth International Financial Architecture (IFA) Working Group meeting within the G20 Finance Track for...The meeting discussed issues related to global financial development and stability.
UAE stressed on the need to work on a comprehensive regulatory framework for central digital currencies.
Several firms in the UAE have received requests from employees to adjust compensation packages in line with the inflation in...Firms plan pay rises of 5 percent in 2023 as over 66 percent of companies receive requests for higher salaries.
Over 200 global and local companies from all sectors were surveyed.
A leading retailer in the UAE has said that over 15 percent of its customers have now shifted to 'Buy...A number of people in the 24-45 age group prefer alternatives to credit cards for purchases.
As per the scheme, purchases can be split into four easy interest-free payments from the time of purchase.
Depositors scuffled and long lines formed at Lebanese banks Monday as they partially re-opened after a week-long closure following a...Banks started imposing draconian restrictions on withdrawals after Lebanon's economy collapsed in 2019.
Since then, the Lebanese pound has lost more than 90 percent of its market value meaning public sector salaries have slumped to as low as $40 a month.
The projects, whose total capacity reaches 3,300 MW, includes three which will utilize wind energy and two which will use...The projects, whose total capacity reaches 3,300 MW, includes three which will utilize wind energy and two which will use solar energy
The projects are part of the National Renewable Energy Program as part of Saudi Arabia’s target to reach the best energy mix
Continuing with its slide against the dollar, the pound hit a record low on fears about the UK economy after...The pound fell below $1.10 for the first time since 1985 as new finance minister Kwasi Kwarteng announced his controversial mini-budget
The collapse in sterling came as markets across the world are sent into a spin by recession worries caused by a sharp tightening of monetary policy
The German economy, like the economy of the vast majority of European countries, faces major challenges due to the Russian...Habeck said that the German government should not leave small and medium-sized companies to face the risk of recession alone
The German minister seeks to include about one million small and medium-sized companies under the protectionist umbrella
