Global maritime trade sails into geopolitical storm
Most large international shipping companies have decided to reroute trading to avoid the Red Sea and Suez Canal through which...Business Economy
FAO says global food prices fell 13.7 percent in 2023
World food prices fell in 2023, with considerable declines for grains and oils as supply concerns eased, the UN's Food...Economy Global
Mastercard study: Majority of UAE SMEs confident about growth
SMEs identify easier access to funding, digital payments, training and upskilling staff as key drivers of growth Rising cost of...
Turkish resort frets over second lost summer
Tourists have stayed away from Bodrum due to the pandemic In 2019, Bodrum airport welcomed a record 4.34 million tourists...
Protests in Lebanon as currency plunges
Lebanese protesters try to storm central bank offices in two major cities Money changers tell AFP that the pound was...
Egypt economy to grow 5.2% in 2021-22
The IMF has completed the second review of Egypt’s economic reform program allowing the authorities to draw about $1.7 billion...
Traditional airports need to become ‘smart’
Smart counters reduce waiting time, queues, waiting time at passport control, security check, duty-free and other outlets Online check-in by...
Oman launches investment residency scheme for foreigners
The residency period is for a renewable period of five or 10 years Low oil demand and pandemic have hit...
Bahrain to allow travelers with Covid-negative tests
*Bahrain to allow some travelers into the country, but bar many *Citizens of red zone countries like India, Pakistan, Sri...Bahrain’s FDI inflows reach $1 billion in 2020
*Though global FDI contracted by 35 percent, Bahrain's inward FDI stocks increased 3.3 percent to reach $31.7 billion in 2020...
Abu Dhabi announces updated list of ‘green’ destinations
*Passengers from Green List destinations only need PCR testing upon arrival at Abu Dhabi Airport *Green List countries will be...
Upbeat sentiments driving UAE stocks
A total of Dh1.235 bn in deals were conducted in ADX while DFM saw Dh212 million in deals Emaar Properties...
