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Ajay Banga in G7 summit
May 24th, 2026 - 09:05 GMT
P. Choiaqo

P. Choiaqo

Iran War pressures 27 countries to ask for crisis funds from World Bank

ALBAWABA - As the Iran-US war drags on and prices go up, 27 countries ask for crisis funds from the World Bank according to an internal document viewed by Reuters. The World Bank has not released the names of the countries nor the amount of potential funds requested by the aforementioned countries, moreover, the document has shown that three countries had approved crisis instruments since the war began with the ...
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Volkswagen continues to deal with the financial fallout of diesel emissions cheating.
October 31st, 2019 - 09:00 GMT

Volkswagen Posts Net Profits of €3.8 Billion for Q3 2019

In one network, the social media company removed 35 Facebook accounts, 53 Facebook pages, seven Facebook groups and five Instagram accounts tied to Russia.
October 31st, 2019 - 08:58 GMT

Facebook Suspends Russia-Linked Accounts Targeting Africa

The sector will grow from its current value of $1.96 billion over the next five years with the UAE, Turkey and Saudi Arabia being the key drivers for the Middle East region.
October 31st, 2019 - 08:36 GMT

Report: Fire Safety Systems' Market in Middle East to Hit $2.3 Billion by 2025

Brazil would be the most significant producer in years to join OPEC, founded in 1960.
October 31st, 2019 - 08:20 GMT

Brazil Keen on Joining OPEC

The largest numbers of tourists entering the Isfahan province are from Germany, France, China, Spain, Turkey, Japan, Greece, Thailand, and Australia.
October 31st, 2019 - 07:42 GMT

5 Million Tourists Visited Iran in 6 Months

The current interest rate level under the programme is 1.75 per cent for projects in Amman and 1 per cent for those started in governorates. 
October 31st, 2019 - 07:27 GMT

Jordan: CBJ Cuts Interest Rates for a Third Time This Year

The cut in interest rates will reduce borrowing cost for personal loans, auto loans and home loans etc.
October 31st, 2019 - 07:10 GMT

UAE, Kuwait, Bahrain and Saudi Arabia Cut Interest Rates Following US Fed Decision

The Fed lowered its short-term lending rate to between 1.5% and 1.75% from 1.75% to 2%, citing a "moderate rate" of economic growth.
October 31st, 2019 - 06:59 GMT

US: Fed Reserve Lowers Interest Rates for a Third Time This Year

Central Bank Governor Riad Salameh governor once again ruled out a break in the long-standing peg on Monday, saying the government had the means to maintain it.
October 31st, 2019 - 06:42 GMT

How Would Breaking Lebanon's FX Peg Affect the Deteriorating Economy?

This latest IndiGo order comprises a mix of A320neo, A321neo and A321XLR aircraft.
October 30th, 2019 - 10:53 GMT

India: IndiGo Orders 300 A320neo Aircraft

Scientists suggest new quantum breakthroughs can be achieved by using light that has been both polarized and patterned to yield hybrid quantum states.
October 30th, 2019 - 10:51 GMT

Structured Light to Transport Information Faster, More Secure

Americans are projected to spend an additional $14 billion on their smartphones this year.
October 30th, 2019 - 10:51 GMT

US: Shoppers Projected to Set a New Record of $143 Billion This Holiday Season

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