Tunisia is facing major structural challenges that result in deep macroeconomic disequilibria, a weak growth in spite of its strong potential, a high unemployment rate, weak investment, and social inequality, International Monetary Fund has said. The impact of the pandemic and the war in Ukraine are now adding to these...

Countries have proposed to hold an extra biodiversity meeting in Nairobi in June as talks in Geneva tasked with saving nature entered their final day Tuesday without an agreement.

According to a professor at Ghent Institute, the pandemic did not bring radical changes in terms of reshoring but the conflict between Russia and Ukraine will have an impact on investors.

The move comes two weeks after the country lifted all Covid-19-related entry restrictions.

S&P has revised its outlook for Saudi Arabia from a stable to positive in the light of the recovery of the kingdom's economy from the pandemic, driven by higher oil prices.

A cruise ship docked in a Tunisian port on Wednesday for the first time since 2019, carrying over 700 passengers and rare good news for tourism operators battered by the Covid pandemic.

Survey analyses the impact of COVID-19 on small businesses, the key verticals of growth and the growing acceptance of digital payments.

In January 2021, Egypt unveiled ancient treasures found at Saqqara, including more than 50 wooden sarcophagi dating back to the New Kingdom.

The rise was due to crude prices, as the global economy recovered.

The world’s premier mixed martial arts organization UFC will return to UAE in October 2022 at Abu Dhabi Showdown Week in Etihad Arena.

Expo 2020 Dubai, the largest global gathering since the start of the pandemic, reached the milestone of 20 million visits on Saturday, 19 March.

The Federal Reserve will have to walk a tightrope to ensure its efforts don't derail the recovery from the Covid-19 pandemic.

It seems unlikely that the volatility we have experienced since the start of the pandemic will disappear. Therefore, payroll teams will need to be adaptable and efficient to stay ahead of evolving regulations and legislation, as well as the demands of their workforces, she adds.

Art auctions saw a record year in 2021 with $17.1 billion (15.6 billion euros) in sales as the market continued its rapid growth in Asia and recovered from its coronavirus slump, experts Artprice said Monday. The figure marked a 60-percent increase on 2020, when sales were hit by the initial...

China cannot relax its zero-Covid policy just yet despite the low fatality rate of Omicron, say medical experts.

Saudi Arabia and UAE, two biggest economies in the Gulf Cooperation Council region, rely heavily on retail industry.

The US Federal Reserve chair has said every $10 hike in oil prices would impact growth by 0.1 percentage points and add 0.2 percentage points to inflation.

The organization says the real alarm came six years earlier March 11, 2020 but "few people bothered to sit up and take notice".

The pandemic’s most tragic toll has been on the health and lives of millions, with more than 446 million cases worldwide, more than six million deaths confirmed, and countless more grappling with worsening mental health, said UN chief Antonio Guterres.

Mental health is a priority for 99 percent of female and 92 percent of male executives, according to the Gender Equality Survey by Young Presidents Organization (YPO), the “world’s largest” global network of business leaders, which counts the CEOs of several well-known multinationals among its members. The survey with 300...

Every Sunday Noori Sani welcomes his old friends around a bountiful Turkish breakfast in Istanbul. But surrounding him now are empty tables on his terrace at his restaurant by the Blue Mosque.

The decision includes suspending ‘social distancing measures in all open and closed places’ including mosques.

Since Russia invaded, almost 80,000 Ukrainians have returned to fight Russia, leaving industries short of labor.

Dubai International Boat Show (DIBS), which will be held from March 9 to March 13, will witness 34 launches and feature global marine attractions from more than 800 brands. This is MENA yachting industry's first international in-person event since the COVID-19 pandemic. It will run at Dubai Harbour. Exhibitors from...

The German carrier said it cut its losses by two-thirds in 2021.

Scientists warn that potential new variants and unequal vaccination rates threaten any long-awaited return to normality.

Qatar Airways has secured an injunction preventing Airbus from cancelling deals for other jets as the two are involved in a legal battle.

A large number of kits of the PCR test has been manufactured and used across the world in general and the GCC in particular.

The UAE’s National Emergency Crisis and Disasters Management Authority relaxed the rules in coordination with its main partners.

The World Bank and IMF warned on Thursday that Russia's invasion of Ukraine would have repercussions for the global economic recovery.

The Australian state of New South Wales (NSW) displayed its agri-food innovation and manufacturing capabilities to strengthen further its ties with the UAE at a dinner event held at the Australia Pavilion at Expo 2020 Dubai. The event was led by Vish Padmanabhan, NSW Senior Trade Commissioner to India and...

Debt dropped to $47.62 billion in 2021 from $63.17 billion in 2020.

The aid is expected to improve the humanitarian situation of hurricanes, drought, and terrorist attacks faced by some countries in Africa.

Dubai International Airport (DXB) continues to be the world’s busiest airport by international passenger numbers for the eighth consecutive year after clocking 29.1 million in annual traffic in 2021. The airport’s annual traffic exceeded forecasts for the year by more than half a million passengers, on the back of a...

While biometric identity management systems have helped improve the pandemic-like situation to some extent by enabling officials at border gates to verify the identity of passengers at a faster rate, this sector demands frequent innovations.

The Jeddah-based pharma retailer plans to float 30 percent of its capital.

Cancelled dates over supposedly positive Covid tests and disrupted travel plans due to lockdowns are ruses that feed into the well-worn script of romance scammers, the FTC has warned.

The UAE government has been praised by no less than the International Monetary Fund for the handling of its economy during the pandemic.

The UNCTAD’s Global Trade Update said all major trading economies saw imports and exports rise above pre-pandemic levels in the fourth quarter of 2021.

The industry, stabilized significantly with experienced surgeons and the availability of good facilities, woo a sizable number of foreign clients to UAE during the pandemic.

Air travel recovery was gaining momentum as countries were lifting restrictions, with a sharp 11-percentage-point increase for international tickets sold in recent weeks, according to the International Air Transport Association (IATA). Data released by IATA said that in the period around 8 February (seven-day moving average) the number of tickets...

Nearly two years of disruption to the fabric of society due to global pandemic has resulted in a collective shift in people’s relationships with work, consumerism, technology, and the planet, pushing companies to design new ways of doing business, according to the annual Fjord Trends report from Accenture. Newly identified...

Its profit stood at AED720 million ($196.05 million) in 2021.

It pointed to energy prices and good asset performance for the rise.

India is embarking on the blockbuster listing of the country’s largest insurer as part of a wider privatization drive to bolster public coffers drained by the coronavirus pandemic and fund new infrastructure.

The pandemic, digitalization, change in employee priorities and new government policies in the region have influenced the most in-demand jobs, according to LinkedIn.

The 13 members of the Saudi-led Organization of the Petroleum Exporting Countries (OPEC) and their 10 allies, including Russia, had cut production sharply in 2020 as prices collapsed after the Covid pandemic emerged.

Thousands of Iranians drove through Tehran on Friday to mark the 43rd anniversary of the country's Islamic Revolution, staying in vehicles rather than marching on foot amid Covid restrictions. Due to the pandemic, state television said this year, as the previous year, there should be "no gathering or marching" by...

The Police Directorate of Causeway has asked travelers to follow precautionary measures that are mandatory.

The company was the world's top-selling carmaker in 2021.