The Fed's benchmark lending rate currently sits at a 23-year high of between 5.25 and 5.50 percent, cooling demand in...
Advanced blockchain analysis tools, such as those provided by Chainalysis, are empowering law enforcement agencies and enterprises to counter the...
After cutting production in 2020 in response to falling prices during the Covid pandemic, OPEC+ began to modestly raise production...Craig Erlam, analyst at OANDA trading platform, said the OPEC+ meeting will show whether "President Biden has any influence in the cartel at all."
Biden made a controversial trip to Saudi Arabia in July in part to convince the kingdom to loosen the production taps to stabilise the market and curb rampant inflation
The Central Bank of the UAE (CBUAE) has issued new guidance on Anti-Money Laundering and Combating the Financing of Terrorism...The guidance will help Licensed Financial Institutions understand risks and effective implementation of anti-money laundering and terror financing guidelines.
The guidance requires LFI’s to demonstrate compliance with its requirements within one month.
UAE Ministry of Climate Change and Environment and Emirates Development Bank sign a Memorandum of Understanding to finance agricultural SMEs...UAE Ministry of Climate Change and Environment and Emirates Development Bank ink pact to finance agricultural SMEs
This move will help to contribute to the UAE’s sustainable economic development and food security
The UAE continues to maintain its regional and international leadership as a distinguished travel destination and a preferred country for...The UAE has strengthened its position on the world tourism map, becoming a leading international tourism destination.
UAE is in the top 10 country in several international competitiveness indexes related to the tourism, travel and hotels sectors in 2021
Abu Dhabi Ports and Hutchison Ports have signed an MoU to identify joint investment and business opportunities related to feedering,...They will partner to operate within Tanzania to enhance the capabilities and market competitiveness of port operations in the country, including Dar Es Salaam Port.
Potential areas of focus include improving servicing to several of Tanzania’s landlocked remote areas and neighboring countries.
Uber revenue more than doubled to $8.1 billion in Q2. Uber reported better-than-expected revenue in Q2, fueled by strong demand...Uber reported better-than-expected revenue in Q2, fueled by strong demand for the San Francisco-based company's ride-hailing and food delivery services
Revenue more than doubled to $8.1 billion in the three months through June -- a 105 percent increase
During the meeting, the minister emphasized the UAE's commitment to solidifying its economic and trade partnership with Mongolia to support...Minister of Economy Abdullah bin Touq Al Marri held a meeting with Ambassador Extraordinary and Plenipotentiary of Mongolia to the UAE Odonbaatar Shijeekhuu
The meeting was held in Dubai with an aim to strengthen trade and economic cooperation between the UAE and Mongolia
Thousands of Iraqis took to the streets of Baghdad Monday in counter-protests as rival supporters of Shiite Muslim cleric Moqtada...Sadr's supporters on Saturday breached the normally high-security Green Zone also home to government buildings and embassies
In multi-confessional and multi-ethnic Iraq, government formation has involved complex negotiations since a 2003 US-led invasion toppled dictator Saddam Hussein
Having pledged to help especially the poor, the ultraconservative cleric now faces runaway consumer prices that have sparked protests.Having pledged to help especially the poor, the ultraconservative cleric now faces runaway consumer prices that have sparked protests
Raisi was elected in June last year in a ballot for which less than half of voters turned up, after his major rivals had been disqualified by electoral bodies
Al Ghais said an action plan will be developed in consultation with the OPEC member states and technical committees, in...Al Ghais said an action plan will be developed in consultation with the OPEC member states and technical committees, in line with OPEC's long-term strategy
He said that December 2022 will mark six years since the conclusion of the OPEC+ agreement, of which the UAE is a pivotal part
