The U.S. dollar hung near a multi-week low versus major peers on Tuesday, still smarting from Friday's unexpectedly soft jobs...
Dubai’s Roads and Transport Authority (RTA) has started the study and design of Phase II of ITS Improvement and Expansion...
The Telecommunications & Digital Government Regulatory Authority (TDRA) said that over 10 million people visited the Official Portal of the...Over 24 million pages were viewed through the visits to U.AE portal in H1 of 2022
These results indicate the high value of U.AE as a prime source of information and services
The cost of living in Beirut is also more than its purchasing power, which is the lowest among Arab cities....Cost of Living Index measures compares expenses an average person incurs on goods and services in different regions.
The Index is also used to track how much the costs of basic expenses rise over a period.
Abu Dhabi Securities Exchange has recorded its highest rise in terms of market value and trading value at end of...The ADX ranked first in Arab region in terms of market value increase, says the Arab Monetary Fund
The Abu Dhabi Securities Exchange rose from $513.19bn at the end of Q1 of 2022 to $542.42bn in Q2 of 2022
A global survey conducted among 2,100 IT Security Decision Makers (ITSDMs) reveals that 60 percent of respondents believe their organizations...Only 16 percent of respondents in the UAE and Saudi Arabia say they are able to keep pace with the threat landscape
Most organisations (91 percent) surveyed in the UAE and Saudi Arabia experienced identity-related security breach in the past 18 months.
With price surges in major economies approaching 10 percent, central banks must stay the course and continue to raise interest...With price surges in major economies approaching 10 percent, central banks must continue to raise interest rates until inflation retreats, the IMF's chief economist said
Soaring prices for food and fuel, exacerbated by the war in Ukraine, have been squeezing family budgets worldwide, and even leading to unrest in some countries
Turkey will resume gas exploration off its coast in the Mediterranean on August 9, the energy ministry said Tuesday. "Turkish...The EU came close to sanctioning Ankara in 2020 for pushing into contested east Mediterranean waters in search of fresh natural gas reserves
Turkey disputes its maritime borders in the eastern Mediterranean with EU members Greece and Cyprus
- A futuristic Saudi megacity is to feature two skyscrapers extending across a swathe of desert and mountain terrain, according to...
NEOM, a biotech and digital hub spread over 26,500 square kilometres (10,000 square miles), was once touted as a regional "Silicon Valley"
The "first phase" of the project, lasting until 2030, will cost 1.2 trillion Saudi riyals (roughly $319 billion), Prince Mohammed said
Higher-than-expected inflation, especially in the United States and major European economies, is triggering a tightening of global financial conditions.Higher-than-expected inflation, especially in the United States and major European economies, is triggering a tightening of global financial conditions
China’s slowdown has been worse than anticipated amid COVID-19 outbreaks and lockdowns, and there have been further negative spillovers from the war in Ukraine
The poor performance result of sagging demand.The US technology giant reported profit of $16.7 billion on revenue of $51.9 billion, topping the same quarter a year earlier but missing market forecasts.
The earnings stumble was due mostly to foreign exchange rates and shutdowns of personal computer factories in China
Lebanon's parliament approved on Tuesday a $150 million World Bank loan to import wheat, as shortages of subsidized bread intensify...Long lines have formed in front of bakeries and supermarkets where people wait hours for a bag of subsidized Arabic bread.
Lebanon imports 80 percent of its wheat from war-torn Ukraine, according to a representative of Lebanon's wheat importers.
