Articles
Palestinian economy in 'fiscal crisis' with pre-pandemic rebound at end of 2023, IMF says
Public debt, including arrears, is projected to reach 65% of GDP by the end 2027 if fiscal deficits continue
Ukraine economy to shrink 45% as a result of war, World Bank says
Output of emerging market and developing countries in Europe and Central Asia is expected to shrink 4.1% in 2022 and Russia is forecast to contract 11%
Elon Musk declines offer to join Twitter's board
Billionaire co-founder and chief executive of Tesla has a 9.2% stake in the social media company and is its largest shareholder
Lebanon's 'scapegoated' governor welcomes IMF deal but says $15bn is goal
Central bank has more than $17bn in gold at current market prices
Oil hovers at $100 after IEA co-ordinates release
In early trading on Friday, Brent, the global benchmark for two thirds of the world's oil, dropped to two figures for first time since March
Lebanon on 'right track' as $3bn IMF deal struck, Prime Minister says
Agreed programme is subject to IMF management and executive board approval
Dubai Financial Services Authority introduces whistleblowing regime
The new measure aims to provide better legal protection for persons who report regulatory concerns, deter wrongdoing, and promote better compliance
Twitter appoints Elon Musk to board after he becomes largest single shareholder
Social media company confirmed it has been working on an editing feature since last year after the Tesla chief executive runs a poll asking followers if they would like it added to the site
Lebanon's central bank not bankrupt, governor says
Country's economy contracted about 58 per cent between 2019 and 2021, World Bank figures show
Why the US has released more oil and what it means for markets
Washington has confirmed the release of one million barrel per day from its strategic petroleum reserves over the next six months
Saudi Arabia deposits $5bn in Egypt's central bank
Financial backing follows the North African country seeking support from the International Monetary Fund
ADX and FTSE Russell to develop a blue chip equities index
FADX 15 will be launched March 30 and support the Abu Dhabi Securities Exchange derivatives market
Higher shipping costs are fuelling surge in inflation, IMF says
More than 80% of the world’s traded goods are shipped by sea in 40-foot steel containers
US to increase natural gas supplies to EU to reduce reliance on Russia
The US will ensure additional LNG volumes for the EU market of at least 15 billion cubic metres in 2022, with expected increases going forward
Oil prices rally above $120 as EU discusses sanctions
Markets will tighten and prices will surge if Europe cuts off its 2.1 million-plus barrels per day of oil from Russia
