Economy
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US safety board pulls up Ethiopia over Boeing 737 MAX crash report, crew performance
The National Transportation Safety Board (NTSB) on Tuesday faulted Ethiopia’s final report into the March 2019 Boeing 737 MAX fatal…
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Sri Lanka keeps interest rate at 15.5 percent as country awaits IMF loan
Sri Lanka kept its benchmark interest rate unchanged for a fourth straight meeting as Asia’s fastest inflation showed signs of…
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Adani stocks drop after Hindenburg alleges ‘brazen’ fraud
Shares in Adani Group companies fell after well-known US activist investor Hindenburg Research LLC said it was shorting the empire’s…
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Saudi Arabia expects financing needs to be around $12 billion in 2023
Saudi Arabia expects its financing needs to be around 45 billion riyals ($12 billion) this year, the National Debt Management…
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Israeli economy in danger, central bank panelist says after resignation
A voting member of the Bank of Israel’s monetary committee stepped down, saying the country’s democracy is in danger, marking…
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Lazard appoints al-Khatib as MENA investment banking CEO
Investment bank Lazard Ltd said on Monday it hired Wassim al-Khatib as chief executive officer of the bank’s investment…
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Oil climbs as traders weigh China demand outlook, Russian supply
Oil rose on expectations of rising demand in the wake of China’s reopening, while the US dollar eased and risks…
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India expected to reduce gold import duty to sideline smugglers: Sources
India is expected to slash the import duty on gold to undercut smugglers who have been offering hefty discounts as…
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Emirates airline to increase flights to Australia on higher demand
Gulf carrier Emirates plans to flying at pre-pandemic levels to Sydney and Melbourne and restart service to Christchurch via Sydney…
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