Dubai basketball league to provide regional talent
Basketball players in the UAE and the wider Middle East will soon benefit from a rare opportunity as Ball Above All Sports, a premier youth…
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…
Trump accuses Xi of conspiring against US with Putin and Kim
US President Donald Trump has accused Chinese counterpart Xi Jinping of conspiring against the US with the leaders of Russia and North Korea. Trump’s comments…
Egypt’s Net Foreign Assets Jump to a Record $18.5 Billion in July
Egypt’s net foreign assets rose by $3.54 billion in July to a record $18.5 billion, central bank data showed, as Gulf investments, a currency devaluation…
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,…
Lebanon’s Central Bank Shifts Responsibility for ‘al-Qard al-Hassan’ to the State
Lebanon’s central bank has placed responsibility for handling “al-Qard al-Hassan,” the financial arm of Hezbollah, squarely on the state. In a statement clarifying Circular No.…
Trump and sons’ stake in crypto firm worth $5bn
The crypto token backed by the Trump family has started publicly trading, giving the holdings owned by the US president and his sons a value…
Saudi Arabia, UAE dominate healthcare deals in GCC, JLL says
Saudi Arabia and the UAE accounted for almost all investment activity in the Gulf’s healthcare sector over the past four years, underscoring the region’s growing…
Saudi Arabia Private Sector Drives Housing Projects Worth Over $106 Billion
Saudi Arabia’s Minister of Municipalities and Rural Affairs and Housing, Majid Al-Hogail, announced that the value of housing projects executed in partnership with the private…
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…