UAE sees steady August PMI growth as Kuwait, Egypt contract
Business activity across Middle Eastern and North African economies showed mixed trends in August, with the UAE leading growth while Kuwait and Egypt recorded contractions,…
Category: INTERNATIONAL
Saudi Arabia, UK announce $445m economic partnership
Saudi Arabia and the UK are set to strengthen their economic ties through more than £360 million ($445 million) in joint investments, Business Secretary Jonathan…
Saudi Arabia Sells $5.5 Billion in Dual-tranche Sukuk Sale Strong Demand
Saudi Arabia continues to assert its position as a financial powerhouse in international markets, as its latest issuance of dollar-denominated Islamic bonds, or sukuk, witnessed…
Google told to pay $425m in privacy lawsuit
A US federal court has told Google to pay $425m (£316.3m) for breaching users’ privacy by collecting data from millions of users even after they…
let off or tougher than it looks? Google monopoly ruling means
In the modern internet era, few monopoly cases have been as closely scrutinised in Silicon Valley – and beyond – as the US government’s landmark…
Tennis Alcaraz and Djokovic set up blockbuster US Open semifinal
Carlos Alcaraz dazzled at the US Open to make the semifinals on Tuesday before Novak Djokovic danced his way through to book a New York…
Australia moves to speed up third country deportation of non-citizens
Australia is expected to pass a law on Thursday making it easier to deport non-citizens to third countries, reviving criticism from human rights groups that…
Developing Countries Swapping Out of Dollar Debt
Developing countries are moving out of dollar debts and turning to currencies with rock bottom interest rates such as the Chinese renminbi and Swiss franc,…
UK borrowing costs hit 27-year high adding to pressure on Reeves
Long-term government borrowing costs in the UK reached their highest level since 1998 on Tuesday, adding to the pressure on the chancellor ahead of the…
Will drones deliver your next hot food order?
Meal delivery is a luxury city dwellers take for granted – but more options are opening up for non-urban residents. Boasting nearly 700,000 islands collectively,…