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Annual inflation in the euro area increased from 8.9% in July to 9.1% in August 2022. The rate was 3.0% a year earlier. In August 2022, the annual inflation rate in the European Union was 10.1%, up from 9.8% in
There was a drop in Chinese trade in August due to a decline in global consumer demand and a drop in domestic demand, as a result of high energy prices, inflation, and anti-virus measures. The growth rate of exports decreased
In the southwestern province of Sichuan, where a 6.8 magnitude earthquake struck on Monday, Chinese state media reported that the roads leading to the epicenter have reopened. Traffic has resumed. However, the death toll has risen to 74. The People’s
As the impact of COVID-19 curbs in top crude importer China and expectations of more interest rate hikes spurred fears of a global economic recession and decreased fuel consumption, oil prices dropped more than $1 on Wednesday to their lowest
In July 2022, industrial producer prices rose by 4.0 percent in the Euro area, by 3.7% in the EU, in comparison with the same month last year. This is according to the latest estimates from Eurostat, the European Union’s statistical
Spark Security Services, a leading provider of manned guarding security services in the UAE, is being fully acquired by Aldar Properties in order to scale up its property management and integrated facilities management platform. Aldar’s property and facilities management platform
The UAE-India Joint Committee convened at the Ministry of Foreign Affairs and International Cooperation (MoFAIC) headquarters in Abu Dhabi on Thursday, with Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, chairing the 14th edition. India’s
The Gross Domestic Product (GDP) of India under the wise guidance of Prime Minister Narendra Modi for the April-June quarter of the current financial year grew at 13.5 percent. Agricultural, Forestry & Fishing sector growth in the first quarter of
MENA Newswire: Bank ABC, MENA’s leading international bank, has won The Banker Transaction Banking Awards 2022, for Middle East by the Financial Times. The Banker’s highly coveted awards are an industry benchmark for banking excellence, adjudged by industry stalwarts and its
A record two-decade low in the euro was recorded on Tuesday as renewed concerns over an energy shock pushed inflation higher and made Europe more likely to become recession-prone. The Chinese yuan slid down to a two-year low on Monday,