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Day: April 26, 2025

UAE Wraps Up Participation in 2025 Spring Meetings of World Bank and IMF

April 26, 2025 by emadmin

Abu Dhabi: The UAE has concluded its participation in the 2025 Spring Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF), held in Washington, D.C., from April 21 to 26. The Ministry of Finance and the Central Bank of the …

Categories Business, Trading

UNCTAD Predicts Global Economic Slowdown to 2.3% by 2025 Amid Rising Trade and Policy Uncertainties

April 26, 2025 by emadmin

Abu Dhabi: Global growth is projected to decelerate to 2.3% in 2025, falling below the 2.5% threshold commonly associated with a global recession, as reported by the UN Trade and Development (UNCTAD) in its latest analysis. This slowdown represents a …

Categories Business, Trading

UAE Delegation and Morocco Strengthen Ties to Combat Money Laundering and Terrorism Financing

April 26, 2025 by emadmin

Rabat: A delegation from the UAE’s National Anti-Money Laundering and Combatting the Financing of Terrorism and Financing of Illegal Organisations Committee (NAMLCFTC), led by Hamid AlZaabi, Secretary General and Vice-Chair of the National Committee, …

Categories Business, Trading

Dragon Oil Signs Strategic Agreements and MoUs at GOTECH 2025

April 26, 2025 by emadmin

Dubai: Dragon Oil, fully owned by the Government of Dubai, successfully concluded its participation at GOTECH 2025 by signing a series of strategic agreements and Memorandums of Understanding (MoUs), reaffirming its commitment to global expansion and …

Categories Business, Trading

Austria Passes New Legislation to Tighten Asylum, Immigration Policy

April 26, 2025 by emadmin

Vienna: The Austrian Parliament has approved new legislation that halts the family reunification of individuals who have been granted asylum or subsidiary protection in Austria, marking a significant shift in the nation’s approach to asylum and immigr…

Categories Business, Trading

ADB Deploys $40 Billion for Development Across Asia, Pacific in 2024

April 26, 2025 by emadmin

Manila: The Asian Development Bank (ADB) committed $24.3 billion from its own resources in 2024, coupled with $14.9 billion in cofinancing in collaboration with its partners, to help Asia and the Pacific solve a range of complex development challenges…

Categories Business, Trading

Energy Leaders Convene in London to Chart a New Course for Global Energy Security

April 26, 2025 by emadmin

London: The Summit on the Future of Energy Security, held at Lancaster House in London, concluded with a resounding call for increased international cooperation to address global energy challenges. Co-hosted by the International Energy Agency (IEA) an…

Categories Business, Trading
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