Doha, Qatar-- Businessmen and entrepreneurs from Qatar and China have discussed opportunities to set up joint ventures and commercial partnerships...
Abu Dhabi, UAE - The Emirates Nuclear Energy Corporation (ENEC) on Friday announced that its operating and maintenance subsidiary, Nawah...
Brussels slapped fines totaling 344 million euros (390 million dollars) Thursday on Barclays, RBS, HSBC and Credit Suisse after finding...Barclays, RBS, HSBC and Credit Suisse were fined and UBS's fine was reduced to zero as it voluntarily came forward to cooperate with regulators.
These fines brought to an end the third part of an investigation that has been ongoing since 2013 and which had already resulted in more than one billion euros in fines in 2019.
The European Bank for Reconstruction and Development (EBRD) has said it will support the Moroccan financial system by launching an...Participants’ progress will be tracked on a learning management system and given a certificate on completion of training.
The participants would learn about managing and pricing credit risk, raising funds via fixed-income and money markets.
Under the agreement, a mobile irrigation application will be developed to serve Jordanian farmers, specifically in the Jordan Valley.Under the agreement, a mobile irrigation application will be developed to serve Jordanian farmers, specifically in the Jordan Valley
The application will provide the farmers with accurate scientific information on irrigation dates and the required quantities of water
Saudi Arabi on Wednesday recorded its first case of Omicron variant infection, in a citizen its health ministry said had...The variant was first announced by South Africa but has since been discovered to have been present earlier in Europe
It has prompted governments around the globe to reimpose travel restrictions, despite warnings from the WHO against such a move
- Israel's cultural capital Tel Aviv is now more expensive than Paris, Singapore, Zurich, Hong Kong and New York.
Israel's cultural capital Tel Aviv is now more expensive than Paris, Singapore, Zurich, Hong Kong and New York
It climbed the list partly due to the strength of the national currency, the shekel, against the dollar, as well as increases in prices for transport and groceries
- 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.
