The Bank of Canada raises rates, becoming the first large bank to do so.
The Bank of Canada became the first significant central bank fighting global inflation to declare it would probably delay future rises for the time
Roundup of Middle East news: Egypt's economy suffers
The execution of an Iranian official raises the prospect of more isolation, the death toll in the occupied West Bank is growing, and Egypt must make
Bollywood actor-inspired luxury watch priced at Dh15,600 is unveiled in Dubai.
Celebrities and watches have a long history of successful relationships. From their humble beginnings as a mechanical timepiece, watches have
Adidas loses the trademark dispute with upscale fashion designer Thom Browne.
In an effort to prevent a fashion designer from utilizing a four-stripe pattern, Adidas lost a legal battle. Thom Browne Inc.'s four stripes,
Tim Cook, the CEO of Apple, will see a pay decrease of nearly 40% this year.
Tim Cook, the CEO of Apple, will receive a more than 40% compensation reduction this year. The IT firm claims that Mr. Cook asked for the
Sheikh Mohammed declares the first government facility to receive a six-star rating in "This is Dubai."
The first government service center in Dubai to receive a six-star rating is a police station. At the Al Muraqqabat Police Station, the Dubai Ruler
According to official figures, '76%' of foreign businesses are still operating in Russia.
According to the leader of Russia's lower legislative house, over 76% of foreign businesses are still active there. According to State Duma
Amazon is cutting costs by firing 18,000 employees.
As it fights to slash expenses, Amazon expects to eliminate more than 18,000 workers, the most ever in the history of the company. The
Another year of share suspensions for Kenya Airways
The local stock exchange reports that trading in Kenya Airways shares has been halted for another year as the ailing national airline struggles to
To attract visitors and expatriates, Dubai lowers its alcohol tax by 30%.
Two significant merchants announced on social media that Dubai has postponed a 30 percent tax on alcohol and removed a license fee requirement that
West Bank settlement expansion is the government of Netanyahu's top objective.
The impending hardline of Benjamin Netanyahu A day before it is scheduled to take office, the Israeli government has prioritized settlement growth
Japanese companies will no longer insure ships in any Russian waters
Due to the conflict in Ukraine, three Japanese insurance companies will stop covering ships for damage in all Russian waterways. This could have an
Japan announces record defense spending amid worries about regional security
The cabinet's approval of a 20% increase in military budget represents a departure from the post-World War II pacifist self-defence stance. In
Dismantling the container wall along the Arizona-Mexico border
Following objections, authorities in the US state of Arizona have decided to take down a shipping container border wall. The Republican governor
Burkina Faso disputes paying the Wagner group in Russia using mine rights.
The president of Ghana said that Burkina Faso had employed Wagner mercenaries from Russia to assist in fighting armed groups. The president of
North Korea condemns Japan's military expansion and vows to take response.
Japan's projected military buildup has been denounced by North Korea, which has promised to take action against Tokyo for making the "wrong and
Australia FM will urge the release of people while in China
As she prepared to travel to Beijing for a historic visit as the top Australian diplomat in the nation in four years, Penny Wong, the foreign
IMF authorizes $3 billion in support for Egypt
The agreement intends to lower public debt and improve residents' access to social safety nets. The International Monetary Fund has approved a
The Bank of England raises rates to a 14-year high.
In an effort to lower the sky-high inflation rate, the Bank of England (BoE) increased its interest rate by half a percentage point to 3.5 percent,