For much of the past two years, policymakers on both sides of the Atlantic raised interest rates aggressively to fight...
The Ministry of Interior has announced the end of the low-pressure weather system that wreaked havoc for many Dubai International...
The UAE government has announced it will issue a dual-tranche US dollar benchmark size bonds with a 10-year tranche and...The bonds are a 10-year tranche and a 30-year Formosa tranche.
The 10-year tranche will be listed on London Stock Exchange and Nasdaq Dubai, and the 30-year tranche will be listed on LSE, Taipei Exchange and Nasdaq Dubai.
Kuwait's crown prince announced Wednesday the dissolution of parliament and called for new elections amid escalating disputes between the legislative...The cabinet, the fourth to be formed in two years, resigned in April, three months after it was sworn in, but continued to act in a caretaker capacity
Oil-rich Kuwait has been shaken by disputes between lawmakers and successive governments dominated by the ruling Al-Sabah family for more than a decade
Leaders at the upcoming G7 summit in Germany will announce new measures aimed at pressuring Russia over its invasion of...The club of wealthy democracies is at the heart of a fierce economic and diplomatic campaign to punish Russia
After attending the G7 summit, Biden will fly to Madrid for a summit of the NATO military alliance
Leader of the free world sounds like a superhero character, but the Joe Biden heading this week to twin European...Biden will tout the success of a monumental effort to rally the West and breathe new life into NATO
Biden refers to his presidency as an inflection point in a battle for the survival of Western democracy against the likes of Russian President Putin
- An estimated 2,000 homes have been destroyed by the deadly earthquake in Afghanistan, and a lack of machinery is hampering...
"We believe that nearly 2,000 homes are destroyed," the UN's humanitarian coordinator for Afghanistan Ramiz Alakbarov told reporters
Even before the Taliban takeover, Afghanistan's emergency response teams were stretched to deal with the natural disasters that frequently struck the country
Israel on Wednesday said it was reinstating an increase in entry permits for Palestinian workers from the blockaded Gaza Strip,...COGAT said decision regarding entry through Gaza Strip would take effect in coming days "provided that the security situation in the area remains quiet"
Earlier, Israel suspended entry permits for Palestinian workers from Gaza in response of the rocket fire from the Palestinian enclave to Jewish state
- Joe Biden pitched a temporary fuel tax break Wednesday to help American drivers face the highest inflation in four decades,...
In a televised address, Biden called for lifting the federal tax on gasoline of 18 cents a gallon until September
A handful of states including New York and Connecticut have already suspended fuel taxes or delayed planned tax increases
- The US economy remains strong but a series of aggressive rate hikes meant to cool soaring inflation could eventually trigger...
The Fed chair again stressed that policymakers understand the hardships caused by rising prices and are committed to bringing down inflation
Last week, the US central bank announced the sharpest interest rate increase in nearly 30 years and promised additional similar moves to combat the price surge
Surging energy costs are fueling global inflation, with official data Wednesday showing the British annual rate hitting a fresh 40-year...Oil prices were feeling the heat from recessionary fears, with both main contracts tanking more than five percent at one point.
Crude and gas prices have soared in recent months after major economies lifted pandemic lockdowns and invasion of Ukraine.
- The trade exchange volume between Saudi Arabia and Jordan reached 16.6 billion riyals ($4.42 billion) in 2021, compared to 11.6...
Saudi Arabia invested $14 billion through 900 projects in Jordan, according to Saudi media reports.
The volume of Saudi exports to Jordan amounted to 11.6 billion riyals.
