Browsing Category
Business
Large round of layoffs is underway at Goldman Sachs
This week, Goldman Sachs will embark on one of its largest rounds of layoffs since the financial crisis. As part of a…
Masdar signs 1GW clean energy deal in Kyrgyzstan
Masdar has signed an agreement with the Kyrgyz Ministry of Energy to develop a pipeline of renewable energy projects in the…
$3.3 billion in engineering exports from Egypt in 11 months of 2022
The Engineering Export Council (EEC) of Egypt announced that the sector's exports were up by 10% to $3.32 billion from January…
Exports of Indian gems and jewellery increased by 8.26 percent
The UAE-India Comprehensive Economic Partnership Agreement (CEPA) contributed to an increase in Indian gem and jewellery exports…
ADNOC pledges $15 billion for clean energy, new energies and…
ADNOC, a reliable and responsible provider of energy with low carbon intensity, announced today a bold new strategy to decarbonize…
Dnata cargo warehouse in Erbil, Iraq will cost $14 million
Dnata, a global air and travel services provider, has broken ground on its new 20,000 m2 cargo warehouse, which will expand its…
A third of world economies will be in recession by 2023 – IMF chief
The International Monetary Fund (IMF) chief Kristalina Georgieva warns that this year will be tougher on the global economy than…
UAE leads the Arab world in exporting manufactured goods
It has been reported by the Arab Monetary Fund (AMF) that the UAE ranked first in the Arab world in terms of the value of…
Significant quarterly rise in gold is expected after interest rates decline
Gold futures settled unchanged at $1,826.2 on the last trading day of 2022, while spot gold rose 0.2% to $1,818.70. The yellow…
Biden signs a bill funding government operations for $1.7 trillion
Joe Biden signed a spending bill worth $1.7 trillion on Thursday that will fund the federal government through September 2023, the…