US Federal Reserve’s favored inflation gauge rises before rate decision
The US Federal Reserve's favored measure of inflation ticked higher last month, according to government data published. The latest announcement will likely ensure the US central bank keeps interest rates on hold at its next decision announcement on Wednesday, as policymakers continue talks on when to start cuts.Qatar’s IPI declines by 1.5 percent in November 2023
DOHA, QATAR – The Industrial Production index (IPI) of Qatar in November 2023 reached 91.7 points which is a fall of 1.5 percent compared to the previous month (October 2023). This is a decrease of by 5.8 percent compared to the corresponding month in 2022. Released by the Planning and...Aramex Q3 net profit down
It posted a five-percent decline in revenues to US$367m.Sharjah Social Security Fund offers service period purchase option
SHARJAH, UAE - The Sharjah Social Security Fund (SSSF) has allowed the possibility of acquiring the service period for insured employees in accordance with the relevant laws and regulations. This aligns with the law's objectives and the fund's strategies aimed at enhancing the well-being of employees and providing them with...Egypt energy-saving measures evoke satirical reaction among citizens
Sweltering without air conditioning during the day and plunged into darkness at night, many Egyptians have responded with anger and ridicule to government measures for reducing energy consumption. Hours-long power cuts across Egypt, several times a day, prompted the directives as record temperatures hit the Mediterranean region this month.OIC calls for measures to prevent Quran burning incidents
The Saudi Arabia-based Organization of Islamic Cooperation called for collective measures to avoid future Quran burnings, days after a copy was torched outside a Stockholm mosque. OIC met at its Jeddah headquarters to respond to Wednesday's incident in which an Iraqi citizen living in Sweden stomped on the holy book...French president announces measures to quell riots
French President Emmanuel Macron announced measures including more police and urged parents to keep minors off the streets as he battled to contain nightly riots over a teenager's fatal shooting by an officer. There had been "unacceptable exploitation of a death of an adolescent" in some quarters to justify the...China’s economy bounces back after zero-Covid scrapped
Beijing, China--China's economy grew much better than expected in the first three months of the year as the country reopened after the end of zero-Covid measures, official data showed Tuesday. The figures were the first snapshot since 2019 of the world's second-largest economy unencumbered by the strict health controls that helped...Gas price cap divides EU energy ministers’ meeting
BRUSSELS, BELGIUM - EU energy ministers met Thursday to debate measures to mitigate the energy crunch in Europe but were divided over a gas price cap proposal slammed by many as a "joke". They were to discuss a proposal by the European Commission, unveiled just two days earlier, that would...Asian chipmakers plunge after US unveils China export controls
The announcement on Friday marked the latest volley in a long-running standoff between the two superpowers that has seen them face off over a range of issues including technology, trade, Hong Kong, Taiwan and human rights.EU proposes new sanctions on Russian exports
The EU's executive proposed a new round of sanctions on Moscow over its latest "escalation" in Ukraine, including an oil price cap and ban on Russian exports worth $7 billion. It also plans to expand its travel blacklist and asset freezes to include high-ranking Russian officials and organizers of the...Sharjah Chamber suggests measures for strengthening PPPs
The Sharjah Chamber of Commerce and Industry (SCCI) has recommended several measures to strengthen the emirate’s public-private partnerships (PPPs).Stocks push higher, but yen and euro under pressure
European and US stocks rose Tuesday, but gains were capped by economic slowdown fears and central bank efforts to contain surging inflation. Frankfurt, London and Paris equities carved out gains despite poor German data, a day after tumultuous trading as Russia curbed gas supplies to Europe.CBUAE’s Financial Stability Report lists steps taken to help economy
The Central Bank of the United Arab Emirates has issued its Financial Stability Report for 2021, which outlines the measures taken by the CBUAE to support the national economy during the COVID-19 pandemic and safeguard the stability of the financial system.Hundreds of Tunisians rally in support of President
Hundreds of Tunisians demonstrated Sunday in a show of support for President Kais Saied and a series of extraordinary measures he took since last July that critics have slammed as a "coup". The rallies come as Saied faces mounting criticism over his July 2021 power grab, in which he sacked...IEA appeals to governments to cut oil use over supply fears
The IEA urged governments to urgently implement measures to cut global oil consumption within months following supply fears stemming from Russia's invasion of Ukraine. The IEA also called on the OPEC+ group of oil-producing nations led by Saudi Arabia and Russia to help "relieve the strain" on markets.Arab countries review Lebanon’s response to proposal to ease row
Kuwait said Sunday that a Lebanese response to a list of suggested measures to ease a diplomatic rift with Gulf Arab countries is currently under review. Kuwaiti Foreign Minister Sheikh Ahmed Nasser al-Mohammed Al-Sabah said that receiving the response was a "positive step by the Lebanese authorities".Kuwait steps in to undo Lebanese rift with its Arab neighbors
Kuwait's foreign minister said Sunday that he has given Lebanese authorities a list of suggested measures to be taken to ease a diplomatic rift with Gulf Arab countries. The proposal were delivered to Lebanon's PM Najib Mikati and President Michel Aoun by Kuwaiti Foreign Minister.Jordan approves measures to stabilize commodities prices
Procedures, approved in a session chaired by Prime Minister, Bisher Khasawneh, included reducing inspection fees on imported foodstuffs by 30 percent for three months.WHO urges ‘rational’ measures against Omicron Covid variant
The World Health Organization called Tuesday for countries to keep calm and take "rational" measures in response to the new, fast-spreading Covid variant Omicron, which has sparked global panic.Qatar affirms security readiness for FIFA Arab Cup 2021 beginning today
Qatar's Ministry of Interior has affirmed its high readiness to secure the FIFA Arab Cup 2021, which will be held by Nov. 29 to Dec.18, 2021, in coordination with all security units affiliated with the Safety and Security Operations Committee (SSOC) of the FIFA World Cup Qatar 2022. A total...Iraqi PM’s advisor outlines measures to sustain growth
The financial advisor to Iraqi Prime Minister, Madher Muhammad Salih, has stressed the need for beginning a set of measures that encourage civil activity to invest and produce.UAE Central Bank to do away with Covid stimulus measures
The Central Bank of the United Arab Emirates has decided to gradually do away with all the stimulus measures introduced in the wake of the outbreak of the Covid infection in the country.Water woes push GCC leaders to act
The Arab world may be awash in oil and other minerals, but it is lacking in that one commodity upon which the whole existence rests: water.Israel tightens restrictions as virus cases leap
The measures, announced Sunday, require vaccination certificates or negative coronavirus tests to enter a range of public spacesSaudi Arabia to penalize trade in human trafficking
Saudi Arabia will criminalize and combat human trafficking through a set of actions and measures that ensure human dignity and protect it from all forms of abuse and exploitation.




























