Sudan’s central bank governor said the country is seeking funding from unidentified nations to ease its economic crisis, as protests continue against President Omar Al Bashir’s three-decade rule. Mohammad Khair Al Zubair mentioned possible foreign funding during a Tuesday press conference, outlining a three-month plan to boost revenue, bring in hard currency and print more […]
For doctors, 10-year visas mean a more stable career and new research avenues.
Real estate, construction, services and ICT among leading sectors boosting workforce.
Dubai The Federal Customs Authority said that the total value of custom duties transferred by the UAE to GCC countries reached around Dh1 billion in 2018. The transfers were through the Automated Transfer Customs Duty system launched in October 2015 as part of the GCC Customs Union. During the last year, the duties transferred were […]
London, Hong Kong: Factory activity weakened across much of Europe and Asia in December as the US-led trade war and a slowdown in demand hit production in many economies, offering little reason for optimism as the new year begins. A series of purchasing managers’ indexes for December released on Wednesday mostly showed declines or slowdowns […]
New York: Morgan Stanley just beat JPMorgan Chase & Co. and Goldman Sachs Group Inc. for a second straight year in one of Wall Street’s most competitive businesses — and it’s poised to win again in 2019. Its secret: Quirky dealmakers wielding a spigot of private money. The bank is the world’s top stock underwriter, […]
Crews cleared up Downtown Dubai back to its original state in just three hours.
Dubai: Economists expect UAE government spending to remain expansionary this year despite lower oil prices and output. Together with pro-growth policies, government spending is expected to fuel faster growth in the country’s non-oil sector. “We maintain our 2019 GDP growth forecast of 3.3 per cent. We raise our 2018 forecast to 2.9 per cent from […]
LONDON: British factories ramped up their stockpiling in December as they prepared for possible border delays when Britain leaves the European Union in less than three months’ time, a survey showed on Wednesday. The IHS Markit/CIPS Manufacturing Purchasing Managers’ Index (PMI) rose to 54.2 from an upwardly revised 53.6 in November, the highest reading in […]
Seoul: South Korean exports fell slightly in December from a year earlier, official data showed on Tuesday, missing even the most pessimistic forecast from a Reuters survey and providing fresh evidence of a cooling global economy. Although all 10 economists in the Reuters survey had forecast a rise in exports, some said the data was […]