Browsing: Business
It was reported recently that the Central Bank of Jordan (CBJ) has issued a circular calling upon local banks to keep unchanged the terms of loans granted to individuals. With the CBJ’s decision, individuals will no longer have to repay
A Finance Dialogue was held between India and Japan in New Delhi to exchange views on the macroeconomic situation, the financial system, financial digitalization, and investment environment. In this first India-Japan Finance Dialogue, Masato Kanda, Vice Minister of Finance for
UAE Minister of State for Artificial Intelligence, Digital Economy, and Teleworking Applications Omar bin Sultan Al Olama is participating in the 25th St. Petersburg International Economic Forum (SPIEF) from 15th-18th June, 2022. In his address, Al Olama highlighted the depth
The price of gold inched lower on Thursday as the dollar recovered in the wake of the US Federal Reserve’s approval, in line with many analysts’ expectations, of a 75-basis-point interest rate increase – its largest in over two decades
A cabinet resolution has been issued by the UAE Ministry of Economy imposing a four-month moratorium on the export and re-export of wheat and wheat flour originating in India, including free zones, beginning 13th May 2022. The resolution applies to
The Emirates Water and Electricity Company (EWEC), has announced that 50 percent of the capacity of its reverse osmosis plant in Taweelah has been reached for producing desalinated water using low-carbon-intensive RO technology. Taweelah RO, connected to the Abu Dhabi
The World Trade Organization (WTO) Director-General Ngozi Okonjo-Iweala said that members of the WTO need to step up efforts to ensure that trade and trade rules better serve women in the face of multiple crises at a joint event with
The OPEC Fund for International Development (OFID) has extended a $40 million loan to Kosovo to support the Public Finances and Economic Growth Programme. In the energy and waste management sectors, the comprehensive plan will enhance fiscal transparency, promote private
Bahrain’s Finance and National Economy Minister Shaikh Salman bin Khalifa Al Khalifa met with Yemen’s Minister of Planning and International Cooperation, Dr. Waid Abdulla Batheeb. The meeting was held in conjunction with the visit to Bahrain by the Head of
Dr. Muhammad Sulaiman Al Jasser, president of the Islamic Development Bank (IsDB), and Egypt’s Minister of Planning and Economic Development, Dr. Hala El-Said, chair of the IsDB Board of Governors, announced the launch of the annual meetings in Sharm El-Sheikh.