Business

Hopes faded on Friday for a stalled $1.9 billion IMF bailout package for Tunisia after President Kais Saied said he would not comply with “diktats” and that the required subsidy cuts could cause unrest. Tunisia reached an agreement with…
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The UN’s food agency’s world price index fell in March for a 12th consecutive month, and is now down 20.5 percent from a record high hit one year ago following Russia’s invasion of Ukraine, according to Reuters. The Food and Agriculture…
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Tunisia’s President Kais Saied gave his clearest rejection yet of the terms of a stalled $1.9 billion IMF bailout package when he said on Thursday he would not accept “diktats” and suggested that subsidy cuts could lead to unrest.…
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Saudi Arabia’s economy has been handed a boost after international credit rating agency Fitch upgraded its grade for the Kingdom to A+. The increase was attributed to Saudi Arabia’s strong financial position, favorable debt-to-gross…
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Egypt's non-oil private sector activity shrank for the 28th straight month in March as import and currency restrictions and rising inflation continued to hurt business, a survey showed on Tuesday. The S&P Global Egypt Purchasing…
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The dollar rose against other major currencies on Monday as fears over inflation resurfaced after a surprise announcement by major oil producers to cut production targets further, with traders wagering the Federal Reserve may need to…
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The artificial intelligence market in the Middle East and North Africa region is expected to grow from $500 million in 2020 to $8.4 billion by 2026, according to a new report. The findings by firm Research and Markets suggests that the…
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An Indian investment startup has been flooded with thousands of applications after its post to hire a chief meme officer went viral last week and turned into a meme itself. The company, StockGro, was launched in Bangalore in 2020 as an…
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Saudi Arabia and Miami have a lot in common when it comes to quality of life and business opportunities, experts said at the FII Priority conference in Miami on Thursday. Both cities have, in the last few years, they said, promoted…
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The UK will join 11 other countries in a major Asia-Pacific trade partnership, Prime Minister Rishi Sunak announced Friday, in the country’s biggest post-Brexit trade deal following nearly two years of talks. Britain will be the first…
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