Economic Meltdown

Amazon triples quarterly profit

The company's cloud, ads, and retail businesses thrive.

McDonald’s profits up 7%

The quarterly profits increased despite weak Middle East sales.

ADQ buys stake in Plenary Group

The deal is aimed at expanding public and social infrastructure.

FPT and Nvidia to build AI factory

Nvidia had invested around $250 million in Vietnam.

Swiss reserve hike hits UBS

The reserve requirement will increase from 2.5% to 4% from July 1.
  • Lebanon’s Hezbollah ready to return to cabinet meetings

    Lebanese group Hezbollah and its ally the Amal movement said Saturday they were ready to return to government meetings after three months of political deadlock that has exacerbated the country's economic crisis. Lebanon's government was formed in September after a 13-month political impasse.
  • Could 2018 be the year of next financial crisis?

    Plummeting GDPs, fluctuating oil prices, a drying up of liquidity, weaker market sentiments, frequent rising or falling prices due to inflation or deflation… these are some of the predicaments that Middle East region is jostling with for the last over a decade. So are these the signs of another economic...