Thursday, May 7

Economy

Hiring in the United States stayed robust in February while unemployment crept up, government data showed Friday, a potentially encouraging sign for policymakers hoping to cool the economy without tipping it into a downturn.

Global ratings giant Moody’s has raise Egypt’s credit outlook from negative to positive following the expanded $8 billion funding from the International Monetary Fund (IMF), as per a recent statement.

Abdullah Sultan Al Owais, Chairman of the Sharjah Chamber of Commerce and Industry (SCCI), and Alexi Fonseka Gunasekera, Consul-General-designate of the Democratic Socialist Republic of Sri Lanka to Dubai and the Northern Emirates, have discussed strengthening economic cooperation and fostering investment partnerships between business communities of the two nations.

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