Author: Steven Sahiounie

Prime Minister Madbouly emphasised Egypt’s commitment to facilitating Lebanese agricultural exports into the Egyptian market and urged for reciprocal measures to ease the flow of Egyptian goods into Lebanon

In 2023, ADFD played a key role in a UAE-led initiative worth $4.5bln to enhance Africa’s clean energy infrastructure

UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Excellency Yoon Suk Yeol, President of the Republic of Korea, met in Seoul today to explore opportunities to build upon the Special Strategic Partnership between the UAE and Republic of Korea and expand bilateral cooperation across various fields. The two leaders also discussed regional and international issues and developments of shared concern.

The consumer price index (CPI) increase was primarily driven by an 8.7% year-on-year (YoY) rise in housing, water, electricity, gas, and other fuel prices

Against a basket of currencies, the dollar was down 0.11% to 104.44, for a 1.7% decline on a monthly basis

The Conference Board’s consumer confidence index posted a surprise increase this month to 102.0, despite analyst expectations of a decline from April’s 97.5 level US consumers appeared less gloomy about the job market and future business conditions in May, according to a survey released Tuesday. The Conference Board’s consumer confidence index posted a surprise increase this month to 102.0, despite analyst expectations of a decline from April’s 97.5 level. “Confidence improved in May after three consecutive months of decline,” said The Conference Board’s chief economist Dana Peterson. While consumers’ were less optimistic of current business conditions than before, “the strong…

Economists who drink central banks’ inflation-targeting Kool-Aid and view existing arrangements as sacrosanct fail to recognize that the belief that central-bank independence can help control inflation is barely four decades old

LONDON/SINGAPORE  – The Japanese yen drifted to its softest level in four weeks against the dollar on Wednesday on the back of rising U.S. yields, as placid markets encouraged investors to resume carry trades, while the euro weakened after German inflation data.

The latest Chief Economists Outlook from the World Economic Forum presents a growing sense of cautious optimism about the global economy in 2024

Those favouring company employment cite the allure of regular income 50%, the opportunity to learn new skills 38%, and employment stability along with benefits