BEIJING, CHINA – The head of the International Monetary Fund on Sunday called on China to implement "a comprehensive package of...
Abu Dhabi, UAE – The Emirates Nuclear Energy Corporation (ENEC) today announced that its operations and maintenance subsidiary, Nawah Energy...
The US Federal Reserve chair has said every $10 hike in oil prices would impact growth by 0.1 percentage points...S&P has cut its projection for global growth this year to 3.4 percent, a decline of 0.7 percentage points over its earlier forecast
Nations launched huge stimulus program to prevent their economies from crumbling after the pandemic emerged in 2020
- “Europe and also Africa will be very deeply destabilised as regards food because of what can’t be planted right now...
“Europe and also Africa will be very deeply destabilised as regards food because of what can’t be planted right now in Ukraine,“ Macron told reporters
The French leader added that still more economic punishment would be piled on Russia if it continues its invasion of its neighbour
The UAE-Bangladesh Business Forum discussed ways to enhance cooperation between the two countries in the field of trade and investment,...An MoU was signed between the two to establish a joint UAE-Bangladesh Business Council.
The UAE-Bangladesh Business Forum was held at DP World Pavilion at Expo 2020 today in the presence of ministers.
The Sharjah Chamber of Commerce and Industry (SCCI) and an Argentinian delegation discussed ways to enhance cooperation between the business...Sharjah Chamber and a delegation from Argentina discussed economic, trade and investment relations at a forum.
Abdallah Sultan Al Owais, Chairman of the SCCI highlighted the importance of joint work to advance the existing relations.
- Five Chinese companies have been ordered to comply with audit requirements by the US Securities and Exchange Commission (SEC) or...
In total, some 248 companies are affected, with a market capitalization of about $2.1 trillion, according to an ad hoc committee.
Mainland Chinese and Hong Kong companies are notorious for not submitting their financial statements to US-approved auditors.
On Thursday, the US ambassador in Libya, Richard Norland, also expressed fears over an escalation.Tensions have simmered since the parliament swore in a prime minister earlier this month despite interim premier Abdulhamid Dbeibah
Dbeibah has refused to hand over power to Fathi Bashagha, and says he is the country's rightful steward until elections are held
The IMF in January cut the global growth forecast for 2022 to 4.4 percent due to the Omicron variant of...Russia’s invasion of Ukraine, and sanctions that include a US ban on Russian oil imports, are spilling over to the global economy
These are causing costs for energy and other key commodities like wheat, fertilizers and metals to surge, the IMF has said
- Egypt's inflation rate hit 10 percent in February, official figures showed Thursday, as the country heavily reliant on wheat imports...
The country, heavily reliant on wheat imports from Russia and Ukraine, braces for the full impact of their war.
CAPMAS attributed the latest hike to a surge in prices of food especially vegetables, bread and grain.
- The United Arab Emirates on Thursday reaffirmed its commitment to OPEC+ alliance agreements, a day after an envoy said it...
A surge in prices and supply fears following Russia's invasion of Ukraine have led to calls for the Organization of the Petroleum Exporting Countries to increase output.
The OPEC+ group plans to boost production by just 400,000 barrels a day in April, the same pace as in recent months.
It would still be a dollar issued by the US Federal Reserve central bank, like all US bills and coins...It would still be a dollar issued by the US Federal Reserve central bank, like all US bills and coins used now, but in a digital form
At the same time, the digital dollar would be worth the same as its paper counterpart, a divergence from cryptocurrencies which currently have highly volatile valuations
