Asia is the driving force in global tourism
Asia continues to be the driving force in global tourism. According to the latest ITB World Travel Trends Report, this year the number of...
Improved economic outlook triggers higher oil prices
Ahead of reports forecast indicating an improving U.S. economy outlook, oil trades near the highest close in four months. Futures went through a slight change...
World Economic Forum Unveils Virtual Global Collaboration
The Forum today unveils a major initiative at the Annual Meeting 2022 in Davos to harness the power of the metaverse to grow and...
UAE sends security troops to Bahrain
Minister of State for Foreign Affairs Dr Anwar Mohammed Gergash stated that the United Arab Emirates, in response to a request from the sisterly...
Reflecting global economy, entertainment industry flourishes in the Eastern markets
Following the global economy developments of the past five years, after the financial crisis toke the globe by storm, the entertainment industry struggles or...
Eurozone concerns spread to core economies
BofA Merrill Lynch Fund Manager Survey Finds Investors Warning Of A Dip In Global Corporate Profits
Investor confidence has weakened further, led by a sharp...
Arab Monetary Fund unlikely to offer aid to Eurozone
The Arab Monetary Fund is unlikely to offer any funding assistance to the euro zone because providing loans to unrest-hit countries across the Arab world has priority, Director General Jassim al-Mannai said on Sunday.
Shortlist for Best Green International Celebrity Award announced
After a phenomenal response to our online poll, the International Green Awards™ is pleased to announce the shortlist for the Best Green International Celebrity...
Global house prices still falling, IMF
Global residential property prices are still declining in a number of countries four years after the downturn and the peak of the property bubble,...
Nearly 19,000 children die daily from preventable causes
The annual number of deaths of children under the age of five dropped to less than 7 million in 2011. However, according to a...
Capitalism needs a Redesign
Capitalism needs to serve society better, business, banking, labour and academic leaders agreed in a lively debate on opening day of World Economic Forum
G20: Another stimulus package no good news for emerging economies, India
The G20 summit kicks off in Cannes on Thursday under the shadow of escalating euro zone worries. World markets have been in turmoil after...
GCC Countries Back on Path to Economic Growth
More reforms needed to achieve economic diversification and to improve competitiveness
Following a year of economic distress, Gulf Cooperation Council (GCC) economies are expected to...
Emirates Announces South Australian Partnership
Following the arrival of Emirates’ inaugural non-stop service from Dubai to Adelaide on Thursday, the airline today announced a new marketing partnership with the...
UAE Delegation Attends G20 Conference on Commodity Price Volatility Held in...
A delegation from the Ministry of Finance (MoF), headed by HE Obaid Humaid Al Tayer, Minister of State for Financial Affairs, participated in the...
2012 Year in Review: GCC
As 2012 fades away, we can say that the global economic highlights of the year were the reelection of Obama as US president, solid...
Moody’s cuts growth forecasts for emerging economies
Moody's Investors Service on Thursday downwardly revised growth forecasts for Group of 20 emerging economies, citing a troubled external environment and weaker domestic demand....
Global Confidence Among Expats Soars; Nearly Two Thirds Feel Optimistic
Study of 20,000+ expats reveals their global confidence to live and work abroad has not diminished
Majority (80%) of expats say they will continue living...