Author: Steven Sahiounie

According to the Ministry, a total of 20,258 Palestinians have been killed and 53,688 have been injured since the beginning of the escalation

Senior Hamas official Osama Hamdan confirmed that, in Hamas’ opinion, the adopted UN Security Council resolution on Gaza is “weak, insufficient and does not correspond to the current situation in the enclave”

The 2024 budget reflected the government’s plan for enhancing legislative-executive cooperation and receptivity to diversified opinions

During the meeting, the two sides discussed means of enhancing joint cooperation in various economic fields

The Decree is aligned with Dubai’s food security strategy and its commitment to ensuring the highest public health and safety standards

Spot gold was up 0.7% at $2,043.79 per ounce Gold prices gained on Thursday as the dollar retreated after U.S. economic data fueled expectations the Federal Reserve would cut interest rates in March next year. Spot gold was up 0.7% at $2,043.79 per ounce by 2:55 p.m. ET (1955 GMT), eyeing its best session in six. U.S. gold futures settled 0.2% higher at $2,051.30. Data showed U.S. gross domestic product increased at a 4.9% annualized rate last quarter, revised down from the previously reported 5.2% pace, while weekly jobless claims increased slightly. “GDP data came in a bit soft and…

Inflation, as measured by the personal consumption expenditures (PCE) price index, fell 0.1% last month after being unchanged in October

The dollar index was last down 0.08% at 101.7, after dipping as low as 101.42, its lowest since late July

The UAE will see higher consumer spending next year and continue to attract a significant influx of visitors from Europe, according to a new report by the Mastercard Economics Institute (MEI). Country will also remain one of the top 10 fastest-growing destinations for Europeans Real consumer spending across the emirates is forecast to grow by 5% year over year in 2024, while Saudi Arabia and Egypt will see growth of 4.3% and 1.2%, respectively, the institute’s Economic Outlook 2024 said. Across the Middle East and North Africa (MENA) region, the report noted that consumers and businesses are expected to make…

Equinor is reshaping its international portfolio, announcing a sale on Friday of all assets in Azerbaijan while deepening its commitment to Angola where it already produces oil from three blocks