Muscat Media In: The International Monetary Fund mission commended the financial and economic policies of the Sultanate of Oman and the measures taken to mitigate the economic and financial repercussions. In its statement issued at the conclusion of its visit to the Sultanate, the mission pointed out that the real …
Read More »The eighth package of sanctions… the West’s weapon to tame the Russian bear
The West continues to spread the sword of sanctions against Russia, to pay the price for its war on Ukraine, and to inflict heavy losses on the economy by burdening it with a set of restrictions that have never been imposed on a country in recent history, at least. Despite …
Read More »The 42nd government of Kuwait resigns 24 hours after its appointment
A Kuwaiti government source confirmed that the members of the new government who were appointed the day before yesterday, Wednesday, have put their resignations at the disposal of Prime Minister Sheikh Ahmed Nawaf Al-Ahmad Al-Sabah, Kuwaiti newspaper Al-Qabas reported yesterday. This comes after the state of popular and parliamentary rejection …
Read More »Amazon stops testing a delivery robot
An Amazon spokeswoman said in an emailed statement Thursday that the company will stop live testing of its Amazon Scout delivery robot after the US retailer realized that the software did not fully meet the needs of its customers. Spokeswoman Alyssa Carroll added that the company is now working to …
Read More »After a delay of 4 years .. Musk promises to deliver Tesla trucks to “Pepsi” in December
Tesla will begin production of semi-electric commercial trucks and deliver them to PepsiCo on December 1, electric vehicle manufacturer Elon Musk said in a tweet Thursday. When Musk revealed the prototype of the future battery-powered semi-truck in 2017, he said the 8-Series truck would go into production by 2019. However, …
Read More »Sunnahs are recommended on Friday.. Get to know them
“The best day on which the sun has risen is Friday, on which Adam was created, on which he was entered Paradise, and on which he was expelled from it, and the Hour will not begin except on Friday.”. As a day of obedience through the Sunnahs desired by the …
Read More »The strength of the dollar is a “curse” on the profits of American companies due to its impact on export competitiveness and “multinational” remittances.
The strong appreciation of the US dollar is expected to pressure US corporate earnings for the third quarter, which could present another hurdle for stocks in a year that has already seen a painful downturn in the market. The dollar index, which measures the performance of the US currency against …
Read More »Indian rupee hits all-time low
The Indian rupee fell to above 82 per dollar, a record low, on Friday, after US Federal Reserve officials reiterated the need to raise interest rates, while the Reserve Bank of India is likely to intervene to limit interest rates. The rupee was trading at 82.32 per dollar by 0436 …
Read More »The Economist: The UAE is among the fastest growing until 2050, at 2.8% annually, outperforming China, Turkey, Mexico and Colombia
The UAE ranked among the top twenty in the index of the fastest growing markets in the world, according to a report by the British Economist magazine between 2022 to 2050, outperforming major countries such as China, Turkey, Mexico, Kazakhstan, Nigeria and Colombia. According to the report, the UAE economy …
Read More »Rashid bin Saeed.. Leader of the construction process in Dubai
Today, October 7, marks the 32nd anniversary of the death of the late Sheikh Rashid bin Saeed Al Maktoum, may God rest his soul. Where the march of the late constitutes important stations in the history of nation-building, which produced qualitative paths for development and construction, which leads us to …
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