Riyadh, Saudi Arabia--Saudi Arabia's Energy Minister Prince Abdulaziz bin Salman bin Abdulaziz revealed on Sunday that an additional 15 trillion...
Tehran, Iran - Pakistan has decided to link the gas pipeline from the country's Gwadar port city to the Iranian...
Turkish president accepted the resignation of Lutfi Elvan and appointed his deputy Nureddin Nebati as the new finance minister.Turkish president accepted the resignation of Lutfi Elvan and appointed his deputy Nureddin Nebati as the new finance minister
Since 2019, Erdogan has sacked three central bank governors who opposed his desire for lower interest rates
S&P Global Ratings has introduced a new national credit rating scale for Saudi Arabia in response to a growing interest...The new scheme will help identify the creditworthiness of local loan takers, and comes as Saudi Arabia pursues policies of economic diversification
S&P said the rating scale will be complementary to the one used globally, with the methodology “generally the same” as the international-focused system
Turkish President Recep Tayyip Erdogan on Wednesday defended his "risky but correct" economic policy of low interest rates, as the...Under pressure from Erdogan, the central bank has made a series of interest rate cuts since September despite double-digit inflation
The Turkish leader goes against conventional economic thinking to claim high interest rates cause high inflation, and vowed again to keep the main rate low
The OECD warned Wednesday that the Omicron coronavirus variant threatens the global economic recovery as it lowered the growth outlook...The global economy is now expected to expand by 5.6 percent this year, down from an earlier forecast of 5.7 percent
Its forecast for 2022 remains unchanged at 4.5 percent, but the report was released only days after Omicron was detected
Ralf Wintergerst, Group CEO of 170-year-old German firm Giesecke+Devrient (G+D), said physical currency is a resilient form of payment and...Ralf Wintergerst said digital currency is a central bank-issued digital form of physical money and that it was different from cryptocurrency.
In Germany and the Middle East there are a lot of opportunities for moving things like government services to people directly with digital solutions.
Youth in Iraq get job through “wasta,” the system of “who you know” that has become Iraq’s pervasive scourge.Youth in Iraq get job through “wasta,” the system of “who you know” that has become Iraq’s pervasive scourge
The practice has fueled frustration, mass anti-government protests and waves of emigration from the oil-rich, war-scarred and poverty-stricken country
All travelers flying to Canada need to be tested at the airport upon landing except for the US.All travelers flying to Canada need to be tested at the airport upon landing except for the US
Unvaccinated people can no longer board airplanes or ride trains in Canada
In its new report to be published soon, titled "The UAE: Data Documenting the Journey until 2020", the Federal Competitiveness...The report highlighted a significant rise in the country’s GDP from AED58.3 billion in 1975 to over AED1.3 trillion in 2020
The contribution of non-oil sectors to GDP surged from 43 percent in 1975 to 83 percent in 2020
A mild recovery from the previous two days' steep losses was turned on its head in the region on Tuesday...With medical experts saying the full outlook for Omicron was still being assessed, analysts said markets would remain volatile
Crude which was pummelled Friday and again Tuesday also enjoyed some advances with both main contracts up more than two percent
Meat alternatives have become common in an increasing number of US households, thanks in part to Beyond Meat and Impossible...Meat alternatives have become common in an increasing number of US households, thanks in part to Beyond Meat and Impossible Food plant-based products
In web 3.0, "users, creators and developers would have stakes and votes" in a platform in much the way a cooperative works
