Dozens of world leaders convene in Azerbaijan on Tuesday for COP29 but many big names are skipping the UN climate...
Supply cuts seek boosting oil prices amid uncertain demand and accelerating supply, with an eye on the imminent US presidential...
Ten vending machines were installed last week in supermarkets, with a computer touch screen allowing people to select different types:...According to government figures, the food price index, which tracks the monthly change in the cost of a basket of food commodities, rose by 8.75% in July YoY.
The UAE has a population of nearly 10 million people, 90 percent of them foreigners, many labourers from Asia and Africa.
Following the leaks, Jorgensen said the authorities called for "higher levels of preparedness in the electricity and gas sector" in...The Nord Stream 1 leaks were first spotted Monday evening, hour after a drop in pressure was reported in Nord Stream 2, according to the Swedish Maritime Administration
As a result of the leaks, navigational warnings have also been issued for a distance of five nautical miles and a flight height of 1,000 meters
- Prodded by the IMF to implement reforms, Lebanon's parliament has approved the 2022 budget setting expenditures at $1.2 billion. The...
Lebanon is in the throes of an economic meltdown that the World Bank has branded one of the world's worst crises in modern times
The IMF has conditioned its loan on a series of measures, including the approval of the budget as well as reforms to bank secrecy laws, restructuring the banking sector
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.
