Author: Steven Sahiounie

Gasoline shortages persisted in Nigeria’s major cities on Tuesday, causing a sharp increase in prices and exacerbating the country’s cost-of-living crisis.

A new report shows 11% of board members of listed companies in Dubai and Abu Dhabi are women, compared to 5% across the GCC

The Crown Prince affirmed Saudi Arabia’s commitment to being a stabilizing force in the region, emphasizing that cohesion and cooperation with regional and global partners are essential for achieving security and prosperity

The minister stressed the importance of strengthening multilateral development cooperation to bridge the financing gaps faced by emerging economies

ABU DHABI: The balance sheet of the Central Bank of the UAE (CBUAE) reached the AED750 billion mark at the end of last February, marking a historic milestone, as per the balance sheet report for February 2024 released today.

The Tesla CEO has met with Prime Minister Li Qiang to promote autonomous driving technology

Raiffeisen, UniCredit and others with a presence in Russia have seen profits increase threefold since 2021

The Russian economy is growing faster than those of Western countries, the chair of the Treasury Select Committee has admitted

Egyptian foreign minister has repeated his call for a two-state solution to the Palestinian issue. Egyptian Sameh Shoukry on Monday took part in a ministerial coordination meeting involving Arab and European countries. The meeting, which discussed recognition of a Palestinian state, was held on the sidelines of the two-day World Economic Forum special meeting in Riyadh. Shoukry called on the international community to pressure Israel into ending its occupation of the Palestinian territories, and to support the legitimate and inalienable rights of Palestinians, said Ahmed Abu Zeid, the ministry’s spokesman. Given the violence in Gaza and tensions in the West…

The International Court of Justice started a session this evening in The Hague to rule on Nicaragua’s lawsuit against Germany, accusing it of facilitating the Israeli genocide in Gaza. The session comes at the request of Nicaragua for the top UN court to impose provisional measures that would halt Berlin’s supply of weapons to Israel. Nicaragua has criticized Germany for supporting the Israeli occupation, deeming the provision of weapons to the Israeli government while simultaneously providing aid to Gaza as “regrettable and indicative of disdain.” Nicaragua also requested five provisional measures to take effect, notably that “Germany immediately suspend its…