ABU DHABI: Abu Dhabi Securities Exchange (ADX) announced today that it has signed a memorandum of understanding (MoU) with the Armenia Securities Exchange (AMX), based in Yerevan, Armenia, to collaborate on a number of key initiatives.
The MoU highli…
BEIJING: China’s Central Bank announced an increase in the relending quota for the agricultural sector and small enterprises located in 12 provincial-level regions that have been ravaged by floods.
According to Xinhua, the relending quota will expand…
ALGIERS: Algeria’s economic recovery is strengthening and its gross domestic product (GDP), which increased by 3.6 percent in 2022 and 4.2 percent in 2023, is set to be 4.0% in 2024 and 3.7% in 2025, according to the African Development Bank Group’s C…
MANILA: The Pacific is projected to grow by 3.3% in 2024 and 4.0% in 2025, but the need to build resilience continues, according to the latest issue of the Asian Development Bank’s (ADB) Pacific Economic Monitor (PEM) launched Wednesday..
This growth…
ABU DHABI: The Federal Tax Authority (FTA) has intensified its oversight activities across local markets, in collaboration with relevant entities, to combat tax evasion, protect consumer rights, and ensure compliance with tax legislation and procedure…
China’s yuan-denominated loans rose by 13.53 trillion yuan (about 1.89 trillion US dollars) in the first seven months of the year, the Chinese central bank data showed on Tuesday.
The M2, a broad measure of money supply that covers cash in circulatio…
The United Kingdom’s (UK) inflation rate rose to exceed the Bank of England’s target of 2 percent, the first increase recorded this year after months of decline.
According to data issued by the UK’s Office for National Statistics (ONS) on Wednesday, …
DUBAI: A recent analysis by Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, has revealed that Indian investors topped the list of new non-Emirati companies joining the chamber during the first half …