Shoppers walk down Oxford Street in London. Reuters
British consumers, whose spending has helped the economy through the Brexit crisis, cut back on their shopping in October, according to official data that adds to signs the economy is losing momentum.
British consumers unexpectedly increased their shopping in January, but the big picture remains one of weak demand from inflation-hit households relying more on discounts at retailers to make ends meet.
Sterling fell to a three-month low on Monday even as most COVID-19 restrictions in England were lifted, as a cautious tone in global markets meant riskier currencies lost out in favour of the safe-haven dollar.
Emirates Development Bank (EDB), the key financial engine of economic development and industrial advancement in the UAE, has unveiled its 2023 results,
The MoU will help in promoting joint cooperation and sharing of expertise between the two sides. It will also provide an opportunity to Pakistani farmers to increase cultivation of date palm including through innovative ideas.
The Sharjah Chamber of Commerce and Industry (SCCI) has engaged in talks with business delegations from the Republic of Estonia and the Russian Federation