Cairo: Egypt’s parliament confirmed central bank Governor Tarek Amer will hold the role until 2023, a vote of confidence in the man who steered the North African nation through a dramatic currency devaluation that restored economic stability. The granting of a new four-year term, backed on Thursday by a majority of lawmakers in the assembly, […]
TOKYO: Japan’s retail sales tumbled at their fastest pace in more than four and a half years in October as a sales tax hike prompted consumers to cut spending, raising a red flag over the strength of domestic demand. The Japanese government increased the nationwide sales tax to 10 per cent from 8 per cent […]
Martyrdom highest degree of devotion to homeland, says Sheikh Khalifa.
The suspect appeared to be wearing a bomb vest but it turned out to be “a hoax explosive device.”
From depression to anxiety, children in high stress-situations are now acting out, especially students from the Indian communities.
It’s been a close qualifying session
YOKOHAMA: Nissan is investing 33 billion yen ($303 million) in its flagship auto plant in Japan’s Tochigi prefecture in a first rollout of a production system geared toward electric vehicles. Nissan Motor Co. executive vice-president Hideyuki Sakamoto said on Thursday that manufacturing methods must change because vehicles increasingly have both hybrid and electric engines and […]
Dubai: Saudi Aramco’s initial public offering has drawn total bids of 166 billion Saudi riyals ($44.3 billion) so far from institutional and retail investors, about 1.7 times the amount the government is seeking to raise. In the retail tranche, where final bids were due last night, 4.9 million people applied for shares with a total […]
Beirut: Explore what’s moving the global economy in the new season of the Stephanomics podcast. Subscribe via Apple Podcast, Spotify or Pocket Cast. Lebanon may have just repaid $1.5 billion of Eurobonds, but its chances of escaping a default still look grim. It will probably come down to how far it can stretch its foreign […]
DUBAI: The next World Expo will answer global calls for optimism, and demonstrate how human brilliance can create a better future: that is the message to almost 1,000 delegates attending the fourth International Participants Meeting organised by Expo 2020 Dubai. Delegates to the latest IPM – the largest to date and taking place from November […]