Economy
Saudi-backed Consortium Abandons Bid To Buy Newcastle United
Middle East Business News - Published date: .
Deal had been agreed to buy the club for $390m from current owner Mike Ashley in April Read more
Investment Opportunities Exist In Covid-19 Crisis, Insists Ithmar Capital Founder
Middle East Business News - Published date: .
Faisal Bin Juma Belhoul said the current economic turmoil is 'deja-vu' from time of financial crash Read more
Coronavirus: Abu Dhabi Announces $4.1bn Tenders For Local Businesses
Middle East Business News - Published date: .
Abu Dhabi Local Content programme includes 1,244 tenders, aimed at boosting productivity and strengthening supply chain... Read more
ECB: Trade War Could Have Negative Impact On Exchange Rates
Middle East Business News - Published date: .
Austria’s central bank head Ewald Nowotny said that the Europe’s central bank should start normalising its monetary ... Read more
UAEs Non-oil Private Sector Growth Eases In March
Middle East Business News - Published date: .
PMI falls to 54.8 in March, from 55.1 in February Read more
Russia Plans To Create Health Care, Food Industrial Clusters In UAE
Middle East Business News - Published date: .
Agreement to help strengthen strong trade and investment ties between the two countries Read more
UAE Opposed To Protectionism, Top Official Says
Middle East Business News - Published date: .
UAE Ministry of Economy reaffirms commitment to liberalisation, attracting FDI Read more
A Thriving Hub For SMEs In The UAE
Middle East Business News - Published date: .
RAKEZ is positioning itself as a destination for small businesses to support the country’s economic diversification Read more
China Hammers US Goods With Tariffs As Sparks Of Trade War Fly
Middle East Business News - Published date: .
Beijing escalates spat by raising tariffs imposed on 128 American goods by up to 25% Read more
US Seeks China Trade Moves On Autos, Financials, Chips -source
Middle East Business News - Published date: .
US wants China to cut autos tariffs, buy more chips while it seeks more access to latter’s financial services sector Read more
SEDD Renews MoU With Korean Government Agency
Middle East Business News - Published date: .
Memorandum to enhance cooperation between Sharjah, South Korea Read more
IMF Boss Urges Rainy Day Fund For Eurozone
Middle East Business News - Published date: .
Christine Lagarde said such a fund could cushion members when they hit economic hard times Read more
Iran Currency Hits Record Low, Crashing Through 50,000 Mark
Middle East Business News - Published date: .
Iran’s government took drastic measures last month to stem the decline in the free market rate Read more
ADFD Signs Deal With Export-Import Bank Of Korea
Middle East Business News - Published date: .
Deal is part of programme to enhance competitiveness of UAE exports Read more
UAE, South Korea Sign A Number Of Trade Agreements
Middle East Business News - Published date: .
Leaders of two countries discuss avenues of cooperation in fields of investment, economy, trade, science, technology, en... Read more
China Warns Against Trade War, Appeals For Cooperation
Middle East Business News - Published date: .
Global financial markets have sunk on fears Chinese retaliation might prompt other governments to raise import barriers,... Read more
S. Korea, US Reach Agreement In Principle On Trade: Minister
Middle East Business News - Published date: .
Seoul’s trade minister said Seoul was able to defend its ‘red line’ on farm goods and no additional concessions we... Read more
China Will Steadily Advance Financial Reforms, Open Sector -c.banks Yi Gang
Middle East Business News - Published date: .
China to push forward financial reforms, says new central bank governor Yi Gang Read more
South Africa Dodges New Junk Rating As Moodys Ups Outlook
Middle East Business News - Published date: .
The country has been struggling with weak growth, ballooning national debt, depressed investor confidence and record une... Read more
China Warns US It Will Defend Own Trade Interests
Middle East Business News - Published date: .
Chinese Vice Premier Liu He, US Treasury Secretary Mnuchin spoke over phone Read more