Inflation returns to haunt Zimbabwe

HARARE: Inflation has spiked in Zimbabwe, rising to nearly 300 per cent in some areas as the inflation nightmare that marked the rule of long-time authoritarian leader Robert Mugabe returns to haunt his successor Emmerson Mnangagwa. Mnangagwa pledged to revive his country’s moribund economy when Mugabe was toppled in 2017 after 37 years in power. […]

Malaysia to revive 2nd major China-linked project

KUALA LUMPUR Malaysia’s government said it will resurrect a multibillion-dollar property and transportation project in Kuala Lumpur involving a Chinese state company, calling it a contribution to China’s global “Belt and Road” infrastructure initiative. Prime Minister Mahathir Mohamad, who is travelling to China next week to attend the second Belt and Road forum, said Friday […]

Australian legislators seek to boost Dh8.4-billion trade ties with UAE

Dubai, UAE: Australian legislators have visited the UAE this week to further enhance the Dh8.4-billion trade relationship between the two countries. Peter Watson, Speaker of the Legislative Assembly, along with other members of the Western Australian Legislative Assembly, arrived in the UAE on the 17th April to attend various events within UAE and to promote […]