Tag: Economy
Oman needs strong medium-term plans to address fiscal vulnerabilities; IMF
The International Monetary Fund (IMF) has stated Oman has to develop a strong medium-term plan to minimize fiscal risks and put debt on a...
UAE & Montenegro explore ways of cooperation in various sectors
UAE Minister of State for Foreign Trade, Dr. Thani Bin Ahmed Al Zeyoudi has discussed about the bilateral economic relations between the countries with...
UAE plans to enter 25 new markets to foster foreign trade;...
His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai has stated that the Emirates...
Saudi Arabia to strengthen its legislative & business environment
Saudi Arabia's Crown Prince, Mohammed bin Salman Al Saud has announced to develop the legislative environment to pave the way for an even more...
Dubai repays $500mn of US dollar-denominated bonds
The Dubai government, acting through the Department of Finance (DoF), has repaid $500 million of US dollar-denominated bonds that had been issued under its...
Sharjah discusses new ways of collaboration with Guatemala
Sharjah’s Department of Government Relations' (DGR) Chairman Sheikh Fahim Al Qasimi and Mr. Lars Pera, Ambassador of the Republic of Guatemala to the UAE,...
World Bank refuses to help El Salvador in bitcoin law implementation
The international financial institution, World Bank stated that it could not support El Salvador’s decision on bitcoin implementation considering the environmental and transparency drawbacks.
“We...
GDP loss of G7 due to climate change will be double...
The economies of G7 nations would lose 8.5 percent, equivalent to $4.8 trillion, annually by 2050 in the gross domestic product (GDP) if the...
