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Adnoc Distribution announced on Wednesday that it has completed its acquisition from TotalEnergies Marketing Afrique SAS of a 50 per cent stake in TotalEnergies Marketing Egypt. The closing of...
China’s yuan edged higher on Tuesday from a one-month low against the dollar hit a day earlier, supported by signs of de-escalation in Sino-US tensions. Currency traders said market sentiment...
Ras Al Khaimah Economic Zone (RAKEZ) welcomed over 4,200 new companies to its business community in 2022, recording 18 per cent growth compared to 2021. Commenting on this economic...
The German government has revised up its economic forecast with Europe’s largest economy now expected to narrowly avoid recession this year as inflation eases, according to its annual economic report...
The Mohammed bin Rashid Establishment for Small and Medium Enterprises Development (Dubai SME), an agency of Dubai’s Department of Economy and Tourism (DET), has added Ajman University Innovation Centre (AUIC)...
Saudi Arabia’s Ministry of Economy and Planning (MEP) signs a Memorandum of Understanding with the Saudi Economic Association to accelerate research, training and data exchange amid a flurry of new...
India’s central bank said a “bleak” global outlook warranted its fourth rate hike in five months on Friday, as Asia’s third-largest economy struggles under the weight of chronically high inflation...
Finance Minister Nirmala Sitharaman on Tuesday said that future of financing in India is going to be governed through digitisation, noting that in July 2022 alone, 6.2 billion transactions worth...
India surpassed the UK to become the fifth largest economy in the world, according to reports on Saturday. Britain has dropped behind India to become the world’s sixth largest economy,...
The total global number of unemployed youths should fall to 73 million in 2022, down by two million from the year before, the United Nations said on Thursday. However,...