Browsing: Business
MENA Newswire News Desk: Federal Reserve Chair Jerome Powell reiterated Monday that the central bank will take necessary measures to maintain the economy’s strength, although future interest rate cuts will likely come in smaller increments. Speaking during a Q&A session
MENA Newswire News Desk: Global rice prices declined on Monday following India’s decision to resume non-basmati white rice exports, marking a significant shift in the global rice market. India, the world’s largest rice exporter, lifted the export ban it imposed last
MENA Newswire News Desk: Saudi Arabia has set a new record for poultry meat production in the first half of 2024, underscoring its ongoing efforts to enhance national food security. The Ministry of Environment, Water, and Agriculture announced a total
MENA Newswire News Desk: Russia continues to be a dominant player in the global energy market despite ongoing challenges, Russian President Vladimir Putin declared during the plenary session of the Russian Energy Week (REW) forum in Moscow, according to the
MENA Newswire News Desk: Dubai Maritime City (DMC) today announced the completion of significant infrastructure upgrades aimed at expanding its ship handling capacity to 1,000 vessels per year. This move is part of Dubai’s broader efforts to solidify its position
MENA Newswire News Desk: The United Arab Emirates and New Zealand have successfully concluded negotiations on a Comprehensive Economic Partnership Agreement (CEPA), marking a significant milestone in strengthening economic ties between the two nations. The agreement, once finalized, aims to
MENA Newswire News Desk: Al Seer Marine, a subsidiary of International Holding Company (IHC), has expanded its fleet with the delivery of two new MR tankers, M.T. Betelgeuse and M.T. Bellatrix. These vessels are the first of six New Building
MENA Newswire News Desk: Abu Dhabi Finance Week (ADFW), the flagship financial event for the MEASA region, is set to return in 2024 under the patronage of H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu
MENA Newswire News Desk: Nike’s stock surged by over 8% this week following the appointment of Elliott Hill as the company’s new CEO, succeeding John Donahoe, who stepped down after a challenging tenure. Hill, a seasoned executive who rejoined the
MENA Newswire News Desk: The International Renewable Energy Agency (IRENA), in partnership with the COP29 Presidency and Azerbaijan’s Ministry of Energy, announced today that the first Energy Transition Investment Forum for Central Asia will be held in Baku on November