As Eid Al-Fitr approaches, online shopping is expected to reach new heights, with anticipated growth in categories like flowers, cakes,...
“2024 has opened up to an interesting and promising phase of growth within our sector. As proptech leaders, we can...
After the Fed Reserve raised interest rates to rein in the 40-year-high inflation, GCC members followed the suit as most...Qatar had the highest rate of inflation in the Gulf Cooperation Council region.
At 2 percent, the region's largest economy, Saudi Arabia, had the lowest inflation rate.
- Dubai has announced the establishment of a Debt Management Office that would be responsible for government's financing requirements, managing the...
Dubai Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum appointed Rashid Ali bin Obood Al-Falasi as the Chief Executive Officer of the DMO.
It will also be responsible for managing the sovereign debt portfolio and setting strategic objectives and policies.
World stock markets mostly sank Monday on stubborn fears over the impact of rising US interest rates, surging inflation and...Frankfurt, London and Paris each shed more than one percent nearing the half-way stage after Tokyo closed down 2.5 percent
Oil prices lost two percent on demand worries and the haven dollar rose, while bitcoin plunged to a 2022 low below $34,000
Dubai Future Foundation said Monday that the jury has finished evaluating the projects that qualified for the final stage of...The participants presented their innovative ideas based on programming techniques and applications, and compete for prizes totaling $1.35 million.
A total of 20 projects made it to the final stage of the challenge, the best of which will receive the $1 million grand prize.
The Indian rupee plunged to an all-time low against the greenback on Monday, as US monetary policy tightening roiled sentiment...The fall came as Indian stocks on the benchmark Sensex and Nifty50 indices extended losses for a fourth day
Foreign investors have withdrawn a net 1.34 trillion rupees ($17.3 billion) from Indian equities so far this year, stock exchange data showed.
At least 44 migrants drowned on Sunday when their boat capsized off the coast of the Western Sahara, migrant aid...There was no immediate confirmation from authorities in Morocco, which sees the disputed Western Sahara as an integral part of the North African kingdom
Spanish interior ministry says that 40,000 migrants arrived in the country by sea in 2021 and 4,404 migrants died or went missing in attempt to reach Spain
- Millions of people in Beijing stayed home on Monday as China's capital tries to fend off a Covid-19 outbreak with...
Lockdown in Shanghai has also intensified, causing outrage and rare protest in the last major economy still glued to a zero-Covid policy
The policy has winded an economy which just months ago had shown China was bouncing back fast from the pandemic
- "Lockdowns in large cities like Shanghai and rising input costs are major reasons" behind the underwhelming trade figures, analyst Zhaopeng...
"Lockdowns in large cities like Shanghai and rising input costs are major reasons" behind the underwhelming trade figures, analyst Zhaopeng Xing of ANZ Research said.
Import growth was flat in April, an improvement from a 0.1 percent contraction in March, as Chinese consumers remain hesitant under a welter of restrictions across the country
- Russia will celebrate its 1945 victory over Nazi Germany Monday with a show of military might as its army battles...
President Vladimir Putin is set to flaunt Russia's power in celebration of Victory Day, as he seeks to justify a war that has gone on far longer than expected
But as huge missiles are towed through Moscow's Red Square , Ukraine will be desperately battling to stop a hoped-for military breakthrough
Earlier this year, the UAE rose to the top of Bloomberg’s Covid Resilience Ranking, outperforming European countries in terms of...For one, smart-technology platforms were effectively used in the UAE to combat Covid-19
The UAE also adopted the mandatory use of face masks in March 2020, well ahead of the WHO recommendation
