Archives Posts

Global Trade Growth Through Tech

Illustration for: Global Trade Growth Through Tech

According to the organization’s annual report, which addresses trends in the multilateral trading system, reducing trade costs and improving productivity can significantly support global trade growth and GDP over the next two decades. Commenting on the report, WTO Deputy Director-General,…

Italian Super Cup Set for December in Riyadh

Illustration for: Italian Super Cup Set for December in Riyadh

The Italian League Association confirmed on Wednesday evening that the Italian Super Cup will be held between December 19th and 22nd in the Saudi capital, Riyadh. The Italian association stated that the Italian Super Cup will take place in December…

Pakistan Faces Cricket Controversy with India

Illustration for: Pakistan Faces Cricket Controversy with India

Pakistan’s cricket history is marked by intense off-field incidents, including the 2009 terrorist attack on the Sri Lankan team bus in Lahore, which halted international cricket in Pakistan, and the sudden death of coach Bob Woolmer during the 2007 World…

Impact of Smartphones on Health and Habits

Illustration for: Impact of Smartphones on Health and Habits

Dr. Trisha Satya Basricha, a senior researcher and gastroenterologist at a Boston medical center, explained that modern lifestyle and usage impact human health in unexpected ways, according to a study published in the journal ‘PLOS One’ and reported by ‘Medical…

UAE Central Bank Cuts Rates, Boosting Economy

Illustration for: UAE Central Bank Cuts Rates, Boosting Economy

The UAE is poised to benefit from reduced borrowing costs as the Central Bank cut interest rates this Wednesday. According to the UAE Central Bank, the overnight deposit facility’s base rate has been lowered from 4.4% to 4.15%. This decision…

UAE Central Bank Cuts Benchmark Rate to 4.15%

Illustration for: UAE Central Bank Cuts Benchmark Rate to 4.15%

The UAE Central Bank reduced its main benchmark rate to 4.15% on Wednesday. According to their statement, the base rate for the overnight deposit facility has been decreased from 4.4% to 4.15%. This decision follows the US Federal Reserve’s 25…

Emiratis Urged to Stay Vigilant Amid French Protests

Illustration for: Emiratis Urged to Stay Vigilant Amid French Protests

The UAE Mission in Paris has advised Emiratis in France to stay cautious on Thursday, September 18, due to expected nationwide strikes and protests affecting many cities. Emirati nationals are urged to be vigilant, adhere to safety advice from local…

Fed Reduces Interest Rates Amid Slowing Job Market

Illustration for: Fed Reduces Interest Rates Amid Slowing Job Market

On Wednesday, the US Federal Reserve reduced its key interest rate by 25 basis points, responding to a cooling labor market. The federal funds rate was cut to 4-4.25 percent, marking the first reduction since last December. A quarter-point cut…

UAE Cabinet Approves Economic Clusters Policy

Illustration for: UAE Cabinet Approves Economic Clusters Policy

On Wednesday, the UAE Cabinet endorsed a National Policy for Economic Clusters aimed at enhancing sectoral capabilities, boosting access to global markets, and adding over Dh30 billion annually to the national GDP. This policy is projected to increase the nation’s…

Israeli Raids in Baalbek Result in Martyrs

Illustration for: Israeli Raids in Baalbek Result in Martyrs

The Lebanese Ministry of Health stated: “A statement was issued by the Health Emergency Operations Center of the Ministry of Public Health announcing that an Israeli enemy raid on a car in the city of Baalbek resulted in an initial…