Economy
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Ahead of COP28, JLL calls for holistic strategies to integrate sustainability in real
While the UAE has been consistently launching green initiatives and projects, and setting bolder targets that are both pro-climate and…
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Nissan to lead £2bn investment in UK electric car plant
Nissan and its partners have announced a £2bn plan to build three electric car models at its Sunderland factory. The…
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Somalia joins East African Community
Somalia has joined the East African Community (EAC) in a move intended to boost economic growth in the country following…
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Carnival UK withdraws ‘fire-and-rehire’ threat
Carnival UK is withdrawing a threat to use a controversial strategy known as “fire-and-rehire” in negotiations over the pay and…
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Vision 2030’s accelerated trajectory: Will Saudi Arabia outpace its own timeline?
Saudi Arabia launched Vision 2030 in 2016 with an aim of diversifying its economy for a “post-oil” era and to bolster its…
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Cruise giant Carnival UK accused of plan to fire and rehire 900 crew
A leading cruise ship company is being accused of a plan to fire more than 900 staff members if they…
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Turkey’s central bank raises interest rates to 40%
Turkey’s central bank has raised its main interest rate to 40% as part of a concerted campaign to tackle soaring…
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Poverty surging in Iran during ‘lost decade’ of sanctions, says World Bank
Almost 10 million Iranians have slipped into poverty from a combination of sanctions, bad economic management and volatile international oil…
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Oil prices tumble nearly 4pct as OPEC+ meeting delayed
Oil prices tanked nearly 4 percent on Wednesday as OPEC+ producers delayed a meeting on output planned for Sunday, raising…
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Tax burden still at post-war high despite big cut
This Autumn Statement is a significant tax cut both for businesses and for workers, but overall the tax burden remains…
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