economy

Financial Wealth in UAE to Reach $1.3 Trillion by 2027

The UAE’s financial wealth is expected to increase to $1.3 trillion in five years from the present $1 trillion in…

2 years ago

UK Government Aims to Enhance Access to Cash Facilities for All

The UK government has introduced a plan to ensure that citizens have convenient access to cash facilities despite the growing…

2 years ago

Omantel Group Achieves Strong H1 Performance with 31% Profit Growth

Omantel Group, a leading telecommunications company in Oman, has reported a substantial 31.3% year-on-year increase in its net profit for…

2 years ago

Russian Ruble’s Plunge Sparks Economic Concerns Amid Geopolitical Unrest

The Russian ruble's recent nosedive to its lowest level in almost 17 months has raised significant alarm bells within the…

2 years ago

Philippines Navigates Pension Reform to Safeguard Investment Grade Rating

The Philippines is confronting a pressing challenge as it contemplates reforming its military and uniformed personnel (MUP) pension system to…

2 years ago

Global Companies Under Scrutiny for Alleged Forced Labour Connections

Amid increasing concerns about ethical business practices, Ralph Lauren's Canada unit is facing an investigation by Canada's corporate ethics watchdog.…

2 years ago

Global Markets React to Economic Data, Igniting Fears of Rate Hikes

Global markets experienced a sudden downturn fueled by a mix of conflicting economic indicators, triggering apprehensions about potential interest rate…

2 years ago

Global Oil and Gas Contract Activity Surges to Record Highs

The global oil and gas sector has observed a substantial boost in contract value, jumping from $35.4 billion in Q1…

2 years ago

Oman-Etihad Rail Project Advances with Call for Bids

Oman-Etihad Rail Company, a joint venture between Oman Rail and UAE’s Etihad Rail, has significantly developed the Oman-UAE Rail Network.…

2 years ago

UK and India Strengthen Counter-Extremism Efforts with Funding Boost

During his visit to Delhi, UK security minister Tom Tugendhat has declared a new funding allocation of £95,000 (nearly Rs…

2 years ago