August 2024

BUCHAREST: About 116,685 Romanians got employed in the first seven months of this year due to active measures taken by the territorial branches of the National Employment Agency (ANOFM), Romanian news agency Agerpres reported on Thursday.

Among the e…

DUBAI: Network International, a digital payments company, and Sharjah-based Invest Bank have joined hands to extend Network’s digital payment services to the bank’s corporate customers.

The collaboration will enable Invest Bank to extend Network’s me…

BEIJING: Hussain bin Ibrahim Al Hammadi, the UAE Ambassador to the People’s Republic of China, has said that the UAE is China’s leading non-oil trading partner in the Middle East and North Africa, with bilateral trade reaching $80.6 billion in 2023.

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DUBAI: Dubai Electricity and Water Authority (DEWA)’s Research and Development (RandD) Centre has developed a digital-first approach to assess the condition of critical assets, such as power transformers and overhead lines (OHL).

The deployed approac…

SHARJAH: The Sharjah FDI Office (Invest in Sharjah) has officially opened registration for their ‘Investors’ Lounge’, a premier feature of the 7th Sharjah Investment Forum (SIF) scheduled for 18-19 September at the Jawaher Reception and Convention Cen…

SEOUL: Korea’s central bank froze its key rate for the 13th straight session Thursday due to soaring home prices but may start a policy pivot this year amid moderating inflation and a slower-than-expected economic outlook, Yonhap News Agency reported….

BEIJING: China’s central bank conducted 359.3 billion yuan (US$50.44 billion) of seven-day reverse repos at an interest rate of 1.7 percent on Thursday.

Xinhua News Agency quoted a statement from the People’s Bank of China as saying that the move aim…

RIYADH: Saudi Arabia’s non-oil exports increased by 10.5 per cent during the second quarter of 2024, compared to the second quarter of 2023, the General Authority for Statistics (GAS) announced.

The International Trade Bulletin for the second quarter…