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Dubai Digital signs MoU with Microsoft on AI
Dubai Digital has signed a Memorandum of Understanding (MoU) with Microsoft UAE, a wholly owned subsidiary of Microsoft Corporation, to...
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Oct 15, 20242 min read


Israel’s economic growth slows in Q2 amid Gaza war
Israel’s economic growth slowed in the second quarter of the year, data showed Tuesday, as the country’s ongoing war with Hamas in Gaza...
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Oct 15, 20241 min read


Reuters: Egypt’s central bank likely to keep interest rates unchanged
Egypt’s central bank is expected to keep its overnight deposit and lending rates unchanged at its monetary policy committee meeting on...
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Oct 15, 20241 min read


Saudi Arabia: Four airports to be privately managed by 2025
Saudi Arabia is working to make four airports privately managed over the next year, according to Saudi Investment Minister Khalid...
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Oct 13, 20241 min read


China to implement additional fiscal policies to support Chinese economy
At a press conference on Saturday, Chinese Finance Minister Lan Fuan said that additional fiscal policies will be implemented in the...
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Oct 13, 20241 min read


Elon Musk unveils Tesla's robot taxi
Elon Musk, CEO of the American electric car company Tesla, unveiled two models of self-driving taxis and buses on Thursday. The CEO made...
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Oct 11, 20241 min read


US expands sanctions on Iran after missile attack on Israel
Following Tehran’s missile attack on Israel, the United States on Friday expanded sanctions on Iran’s oil and petrochemical sector, the...
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Oct 11, 20241 min read


Russian Presidential Aide Comments on Launch of BRICS Unified Financial Platform
Russian Presidential Aide Yuri Ushakov said that the launch of a unified financial platform and two clearing and reinsurance systems by...
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Oct 10, 20242 min read


ECB official backs two rate cuts this year
In an interview with the Financial Times published on Wednesday, Yannis Stournaras, the European Central Bank’s policy minister, said he...
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Oct 9, 20241 min read


Economic Repercussions of War in the Middle East: Rising Oil Prices, Inflation, and Destruction of Infrastructure
The Middle East is currently witnessing an escalation in armed conflicts, raising significant concerns about the potential economic...
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Oct 7, 20242 min read


Saudi Arabia raises Arab Light crude price to Asia in November
Saudi Aramco has raised the official selling price (OSP) for its Arab Light crude to Asian customers for November, by $2.20 above the...
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Oct 6, 20242 min read


Sri Lanka ratifies $12.5 billion sovereign debt restructuring deal
Sri Lanka’s new government has announced that it has approved a $12.5 billion sovereign debt restructuring agreement signed with private...
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Oct 6, 20242 min read
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