OPEC predicts increase in global oil demand, IEA differs
OPEC declared that it would no longer publish the estimate of global demand for its own crude, which is used as a gauge of market strength, and instead concentrate on OPEC+'s oil demand...
Category : Featured
Four strategies shaping Dubai into the city of tomorrow
The largest airport in the world, Al Maktoum International, is located in Dubai, a city known for its brightly lit skyscrapers and busy streets...
Tramac delay in Houston: Volaris Airlines fined up to USD 300,000
Volaris will pay USD 150,000 of the fine, and if it breaks the tarmac rules once more in a year, it will have to pay the remaining USD 150,000...
Business Leader of the Week: Meet Michael Bambang Hartono, Indonesia’s wealthiest person
Michael Bambang Hartono represented Indonesia at the Asian Games 2018 in bridge, winning a bronze medal with his team at the Supermixed team event...
Australian unemployment rate rises more than expected in April
The unemployment rate increased to 4.1%, above market expectations, from an upwardly revised 3.9%...
IF Insights: Crises-ridden Egypt economy undertakes its much-needed course correction
Egypt has a significant international debt as a result of President Abdel Fattah el-Sisi's borrowing binge...
Dubai’s financial magnetism: Wealth managers flock as millionaires multiply
Middle Eastern state-owned investors oversee USD 4.7 trillion in capital, with Dubai alone having three times as many millionaires as any other city in the region, according to the DIFC...
Start-up of the Week: Armed with technology, Pandaloc is shaking up France’s rental game
Today, thousands of owners and renters trust Pandaloc for a transparent, fast and secure rental experience...
AI hitting labour forces like a ‘Tsunami’, says IMF chief Kristalina Georgieva
IMF chief Kristalina Georgieva mentioned that the world economy has become more susceptible to shocks in recent years, citing the global pandemic in 2020 and the war in Ukraine...
UBS marks first profit since Credit Suisse takeover, to go ahead with proposed job cuts
In August 2023, UBS said it would axe 3,000 jobs in Switzerland alone after swallowing up its stricken rival Credit Suisse, a move expected to help the bank make significant cost savings...