"There is a need to double efforts to develop a comprehensive blueprint outlining necessary policies to drive the media sector...
With dollars dominating the country's economy, Baghdad has imposed a series of restrictions on the use of American greenbacks domestically....
Certain FMCG companies benefited from the pandemic since people spent more time at home baking and spending time together. As...Rising worldwide raw material and transportation costs have put pressure on FMCG profits
The current global issues caused by rising oil prices is also impacting consumers and prices
Annual Inflation in Lebanon has spiked to 208 percent in March despite the intervention of the country's Central Bank. According...According to the government data, transportation costs rose 489 percent compared to March 2021, with health expenses up 441 percent
Food and beverages climbed 390 percent, while restaurant and hotel costs went up by 349.45 percent
Economic growth in the eurozone accelerated and hit a seven-month high in April, a key survey showed on Friday, despite..."The eurozone has therefore started the second quarter on a stronger-than-anticipated footing, confounding consensus expectations of a slowdown," said S&P
The automotive sector took the hardest hit, with production levels falling sharply in April -- and at a faster rate than in March, the survey said
Martha Delgado, President of the UN-Habitat Assembly called for resilient, sustainable “smart cities” that are more inclusively governed and better...Martha Delgado, President of the UN-Habitat Assembly, called for resilient “smart cities” that are inclusively governed
Upgrading slums and addressing the housing affordability crisis remain the highest priorities for countries
The MoU is expected to help the commission as well as the company to support Saudi fashion designers.As part of the agreement, Saudi fashion designers will benefit from the support of platforms managed by Fawaz A Alhokair and Partners Co
The two parties will also collaborate on sustainability programs and projects, with implementation supervised by specialized teams in both parties
The Central Bank of the UAE (CBUAE) has launched two new banknotes, in five and ten dirham denominations, made of...The new banknotes are the third issue of the national currency, following the success of the initial 50-dirham polymer note.
The bank said the new notes are more durable and sustainable than traditional cotton paper banknotes, lasting two or more times longer in circulation.
- The European Central Bank "should" end its stimulus program at the beginning of the third quarter, its vice-president said in...
The Frankfurt-based institution has been under pressure from rising prices to withdraw its stimulus faster and follow other central banks towards interest rate hikes
In the eurozone, inflation ran at 7.5 percent in March, the highest figure on record for the currency club and well above the ECB's own two-percent target
The holiday will last till the third day of the month of Shawwal, which is yet to be declared.The holidays will begin on Tuesday, the 29th day of Ramadan
That date corresponds to April 30 on the Gregorian calendar
Oil began inching upward on Thursday after a day of losses over demand concerns linked to the Covid-19 lockdown in...The United States has said it will release a substantial portion of its oil reserves to cushion the shortfall
"Oil is still trading mixed after Tuesday's sharp pullback but is opening in Asia near the midpoint of yesterday's trading range," Stephen Innes of SPI Asset Management said
- Iraq was hit Wednesday by its third heavy dust storm in two weeks, temporarily grounding flights at Baghdad and Najaf...
Two dust storms struck the country earlier in April, leaving dozens hospitalised with respiratory problems
Iraq is particularly vulnerable to climate change, having already witnessed record low rainfall and high temperatures in recent years
