Economy
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Ex-Bank of China chairman arrested on bribery charges
Liu Liange, the ex-chairman of the Bank of China, has been arrested on corruption charges, Chinese state media said. Liu,…
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UAE’s Crescent Petroleum launch deals to develop three oil and gas fields in Iraq
Iraq has launched three energy contracts with UAE-based Crescent Petroleum to develop three oil and gas fields in Iraq, the oil ministry said…
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Adani’s new mega port Vizhinjam to lure world’s biggest ships to India
When Zhen Hua 15 — a heavy load cargo carrier sailing from the East China sea — unloaded at Vizhinjam…
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World’s largest start-up show in Expand North Star 2023 kicks off Dubai
Expand North Star, the world’s largest start-up show, opened in Dubai Harbour on Sunday, it’s largest ever edition featuring more…
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Ripple effect seen on markets globally from wider Middle East conflict
Economists and market strategists are anticipating further ripple effects globally from the Middle East conflict, watching to see if the…
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Middle East growth to recover to 3.4 pct in 2024 but structural issues to weigh: IMF
Economic growth in the Middle East and North Africa region is ex-pected to accelerate in 2024 after a slowdown this…
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Tunisia has not proposed new loan terms, needs to cut subsidies: IMF official
Tunisia has not made new proposals for terms of a long-delayed $1.9 billion International Monetary Fund loan, but should elimi-nate…
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Israel-Hamas war a ‘new cloud’ darkening world economy: IMF
The war between Israel and Hamas has darkened the horizon for a world economy that was already experiencing weak growth,…
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Public-private alliance key to renewable energy transition in Saudi: Ministry adviser
Public-private partnerships are a key trait of Saudi Arabia’s transition to renewable energy sources as it taps into its natural resources to…
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US stocks rise ahead of key inflation data
Wall Street stocks closed higher on Wednesday as traders await key US consumer inflation data, while shrugging off hotter than expected…
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