The US Department of Commerce said Friday that it signed a non-binding preliminary memorandum of terms (PMT) with Amkor Technology, Inc., to provide up to USD 400 million in proposed direct funding under the CHIPS and Science Act.
President Biden sig…
Doha: Secretary-General of the Qatar International Centre for Conciliation and Arbitration (QICCA) of Qatar Chamber, Ibrahim Shahbik, stated that the Centre made significant achievements last year. He emphasized its vital role in promoting the arbitra…
Doha: QNB said in its weekly economic report that it expects US inflation to continue to moderate in the coming months towards acceptable levels, after it has declined significantly from its peak, supported by strong productivity growth, reduced labor…
RABAT: The United Arab Emirates and the Kingdom of Morocco have finalised the terms of a Comprehensive Economic Partnership Agreement (CEPA) that will launch a new chapter of mutually beneficial trade and investment ties between the two countries.
Th…
The Asian Development Bank (ADB) today approved a $400 million concessional loan to support the reconstruction of houses and community infrastructure in Pakistan’s Sindh province damaged by the devastating floods in 2022.
The Sindh Emergency Housing …
MOSCOW: The board of directors of the Bank of Russia decided on Friday to increase the key rate for the first time since December 2023 – by 200 basis points to 18% per annum, saying that inflation has accelerated and is developing significantly above …
MOSCOW: The board of directors of the Bank of Russia decided on Friday to increase the key rate for the first time since December 2023 – by 200 basis points to 18% per annum, saying that inflation has accelerated and is developing significantly above …
RIO DE JANEIRO: The UAE, represented by the Ministry of Finance (MoF) and the Central Bank of the UAE (CBUAE), participated in the third meeting of Finance Ministers and Central Bank Governors of the G20 (G20 FMCBG), which took place on 25-26 July und…