Countries most dependent on global remittance transfers will face credit risks in 2020 due to the expected drop in such inflows, according to Moody’s In
In a tit-for-tat move, Egypt canceled all its Kuwait-bound flights after the Gulf nation included Cairo on the list of 31 coronavirus “high risk” countr
Petrofac’s Engineering and Production Services (EPS) business has announced the award of a two-year contract with UK’s NEO Energy.
Remittances from the Middle East to Asia are expected to fall by $22.5 billion during 2020, accounting for 41.4% of the total remittance loss in Asia, s
Coffee chain Starbucks swung to a loss, according to its quarterly report, after seeing comparable store sales decline by 40 percent globally.
McDonald’s Corp reported a broad drop in global same-store sales and missed profit expectations, as its restaurants were shut due to the COVID-19 pandem
Turkey's central bank on Wednesday revised its year-end inflation forecast to 8.9% for 2020, up from 7.4%.
Turkey’s parliament passed a law regulating social media on Wednesday, that critics said will increase censorship and help authorities silence dissent.
Panama hats and designer sunglasses, champagne buckets and luxury cars: in the mountain resort town of Faqra, Lebanon's economic crisis is not immediate
Honeywell’s aviation parts e-commerce platform, GoDirect Trade, has enabled a new leasing inventory listing feature, with the Honeywell Engine and APU R
CEOs and executive leadership positions should be filled by people with technology career backgrounds, such as app or software development, if businesse
Middle Eastern fund managers plan to increase investments in Saudi Arabia in the current quarter, betting on the kingdom’s ability to bounce back from t
Rapid changes in the world require an open attitude towards initiating changes in the way we carry out all sorts of tasks, especially in a vital workpla
Abu Dhabi Commercial Bank (ADCB) will lay off around 400 staff, and projects certain number of redundancies every year as part of normal course of busin
Domestic equity benchmark Sensex jumped over 100 points in opening session on Wednesday tracking positive cues from Asian peers.
The World Bank granted $30 million to West Bank Palestinians made economically vulnerable by COVID-19 or whose impoverished situation was worsened by th