Ex-Amazon economist to head Turkey’s central bank
Erkan resigned just a week after completing a historic series of interest rate hikes that have pushed the baseline rate...Economy Geostrategy
WEF24: Corruption puts institutions, growth at risk
Despite existing laws, global corruption has not decreased due to lack of enforcement and judicial independence, Francois Valerian of Transparency...Economy
Dubai marine service to enhance maritime sector efficiency
The service aims to establish a unified civilian entity affiliated with the DMCA, Dubai Municipality and Dubai International Marine Club.The service aims to establish a unified civilian entity affiliated with the DMCA, Dubai Municipality and Dubai International Marine Club
Dubai Maritime City Authority said the purpose of Marine Assistant service was to develop a system that enhances the efficiency and competitiveness of Dubai’s maritime
Ajman records 13% growth in certificates of origin during H1, 2022
Abdullah Al Muwaiji, Chairman of the ACCI, said that the export growth in Ajman was supported by the advanced infrastructure...Abdullah Al Muwaiji, the ACCI Chairman, said that the export growth in Ajman was backed by the advanced infrastructure
ACCI has issued a set of commercial reports to its members, traders, and industrial business owners, to identify export opportunities available in global markets
WUWM Abu Dhabi 2022 to discuss global food chain
The World Union of Wholesale Markets (WUWM) Conference 2022, which will be held in the Middle East for the first...The World Union of Wholesale Markets (WUWM) Conference 2022 will be held in the Middle East for the first time
As the world’s largest network of wholesale markets, WUWM represents the industry’s most significant suppliers of fresh food
Jordan forms a PPP council to boost mining sector
Jordan's Minister of Energy and Mineral Resources on Tuesday announced the formation of a Public-Private Partnership (PPP) council for mining,...This Public-Private Partnership is part of the plan for implementation of the economic modernization vision
The minister said that there is a need for establishing a research center for mining and metallurgy as part of the vision
IHG H1 profits surge to $216mn
IHG said it would resume its interim dividendInterContinental Hotels Group said that profits rose sharply in the first half after Covid travel restrictions were lifted around the world
IHG, which also owns brands such as Crowne Plaza and Holiday Inn, said that first-half revenues jumped by 52 percent to $1.8 billion.
ADNOC Drilling H1 profit $379mn
The firm's revenue increased 13 percent to US$1.27 billionADNOC Drilling revenue increased 13 percent to US$1.27 billion compared to the same period last year
First half EBITDA was $580 million, up 16 percent year-on-year, with a market-leading margin of 45.7 percent
Afghanistan: one year since the Taliban takeover
Last year, this week, the Taliban launched a final offensive to win back control of the country they ran between...Last year, this week, the Taliban launched a final offensive to win back control of the country they ran between 1996 and 2001
Taliban is now in the firm grip of the country, and has once again imposed its austere interpretation of Islam
Exports drive growth in Saudi and UAE
Saudi and the UAE's reliance on oil to drive economic growth has tapered off in recent years as the non-oil...In May Saudi Arabia's non-oil sector of the economy continued strong growth, notching its 21st consecutive month of expansion
In the United Arab Emirates, non-oil sector grew in May to a five-month high as demand remained strong despite inflationary pressures
Sharjah steps up emergency response to extreme weather conditions
More than 3,400 rescue and evacuation operations were conducted in the eastern regions of the emirate by the Sharjah Police...More than 3,400 rescue and evacuation operations were conducted in the eastern regions of the emirate by the Sharjah Police General Headquarters
In flood-hit Kalba, 2,069 residents were moved into schools, while nurses were transferred from Fujairah to support medical efforts at Kalba Hospital
Sharjah supports low-income families with $3 million
The Sharjah Charity International has provided $3 million assistance in the first half of this year.The Sharjah Charity International has provided $3 million assistance in the first half of this year
The society relies on the charitable contributions of benefactors to support deserving families
