Moscow, April 13, Russia’s international reserves of gold and foreign exchange increased by 1.2% to reach $600.8 billion. According to data from the Russian Central Bank, Russia’s international reserves – which include gold and foreign exchange – increased for the period from March 31 to April 7, with an increase …
Read More »54% of shoppers rely on e-commerce platforms. Food and beverage consumption increases during Ramadan
Trading revealed a significant increase in food and beverage purchases among commercial buyers in the UAE during the holy month of Ramadan. Tradeling, the simplified and easy-to-use digital platform for wholesale buyers, traders, trading companies and retail establishments, has collected many useful data about the most requested goods and the …
Read More »The Ministry of Agriculture and Livestock in Sharjah will launch the national wheat product, Seven Sanabel, the day after tomorrow.
Sharjah, April 12 / The Sharjah Department of Agriculture and Livestock will inaugurate, the day after tomorrow (Friday), the strategic national wheat product, “Seven Sanabel” in its final form, after going through multiple stages that lasted more than a year, personally supervised by His Highness Sheikh Dr. Sultan bin Muhammad …
Read More »UAE.. the monetary base rises to 536.4 billion dirhams by the end of January, cash deposits jump 34.1 billion in a year
Cash deposits in the UAE increased to 645.2 billion dirhams last January, an increase of 5.6%, or 34.1 billion dirhams, on an annual basis, compared to 611.1 billion dirhams in January 2022. According to the statistics of cash aggregates of the Central Bank, cash deposits increased by 1.53%, or 9.7 …
Read More »Dubai Municipality launches an electronic platform for investment opportunities, with a value exceeding 575 million dirhams
In support of the objectives of the Dubai Economic Agenda D33.. – Dubai Municipality launches an electronic platform for investment opportunities, with a value exceeding 575 million dirhams. The platform reflects Dubai’s international position as a city that attracts investment and is rich in opportunities for all. – The electronic …
Read More »“A&” acquires 50.03% of the “Careem” application for 1.5 billion dirhams. “Uber” retains 100% of the taxi services business
On Monday, e& announced that it had signed a binding agreement with Uber, on the basis of which e& will acquire a majority stake (50.03%) in the Careem Super App, while Careem’s business will remain. The taxi services are wholly owned by Uber and are available with all other services …
Read More »The World Bank raises its forecast for global economic growth to 2% in 2023
Washington, April 10 / David Malpass, President of the World Bank, confirmed that the bank raised its forecast for global economic growth to 2 percent in 2023 from its previous forecast of 1.7 percent. Malpass’s remarks came during a joint event with Kristalina Georgieva, Managing Director of the International Monetary …
Read More »The World Bank funds Senegal with $150 million to support the digital economy
Dakar, Ramadan 19, 1444 AH, corresponding to April 10, 2023 AD Senegal and the World Bank signed a financing agreement as part of the project to accelerate the development of the digital economy in the amount of $150 million. The project aims to expand access to modern communication technologies through …
Read More »UAE stocks are green amid quiet purchases in the first sessions of the week. “Ghada Holding” is at the maximum level.. and “Dewa” leads Dubai’s liquidity
UAE stocks closed in the green zone at the beginning of the week’s sessions, due to increases in limited rates for the leading stocks, so that the Abu Dhabi market index rose 0.4% at the level of 9499.2 points, while the Dubai market index marginally increased by 0.03% to the …
Read More »The spring meetings of the World Bank and the Monetary Fund will start tomorrow to discuss developments in the global economy
Washington, April 9: The Spring Meetings 2023 of the World Bank Group and the International Monetary Fund will kick off tomorrow in the American capital, Washington, and will continue until April 16 to discuss and discuss the latest global economic developments. Over the course of a week, policymakers, experts, leaders …
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