economic

EU sanctions target Russian ‘Wagner’ mercenary group
Middle East

EU sanctions target Russian ‘Wagner’ mercenary group

The European Union on Monday imposed sanctions on the Russian-based private military contractor known as the Wagner Group, which is accused…
UAE announces move to Saturday-Sunday weekend, state news agency
Middle East

UAE announces move to Saturday-Sunday weekend, state news agency

DUBAI, Dec 7 (Reuters) – The United Arab Emirates will transition to a four and half-day working week starting next…
Row with Gulf states could speed up Lebanon’s economic free fall
Business

Row with Gulf states could speed up Lebanon’s economic free fall

Lebanon is at the center of a political spat in the Gulf region. Diplomatic tensions escalated on October 27 when…
Governments step up economic response to coronavirus
World

Governments step up economic response to coronavirus

Governments and central banks on Monday stepped up efforts to shield the world economy from the impact of the coronavirus…
Blip or bust: coronavirus economic impact still in doubt
World

Blip or bust: coronavirus economic impact still in doubt

Markets have shuddered as the coronavirus spreads worldwide, but analysts doubt it will plunge economies into a crisis like the…
HSBC: Egypt may see economic progress in 2014
Business

HSBC: Egypt may see economic progress in 2014

Egypt is seeing encouraging signs, showing promise of economic progress in 2014, after losing ground over the past three years, according…
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