Browsing: Business

MENA Newswire News Desk: Saudi Arabia has set a new record for poultry meat production in the first half of 2024, underscoring its ongoing efforts to enhance national food security. The Ministry of Environment, Water, and Agriculture announced a total

MENA Newswire News Desk: Russia continues to be a dominant player in the global energy market despite ongoing challenges, Russian President Vladimir Putin declared during the plenary session of the Russian Energy Week (REW) forum in Moscow, according to the

MENA Newswire News Desk: The Swiss National Bank (SNB) announced a 25 basis point cut to its policy rate on Thursday, bringing it down to 1.00%, marking the central bank’s third reduction in 2024. The move aligns with global trends, as both the European Central

MENA Newswire News Desk: The United Arab Emirates and New Zealand have successfully concluded negotiations on a Comprehensive Economic Partnership Agreement (CEPA), marking a significant milestone in strengthening economic ties between the two nations. The agreement, once finalized, aims to

MENA Newswire News Desk: The Swiss National Bank (SNB) announced a 25 basis point cut to its policy rate on Thursday, bringing it down to 1.00%, marking the central bank’s third reduction in 2024. The move aligns with global trends,

MENA Newswire News Desk:  Abu Dhabi Finance Week (ADFW), the flagship financial event for the MEASA region, is set to return in 2024 under the patronage of H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu

MENA Newswire News Desk: Precious metals are shining brighter as gold hit an all-time high of USD 2,607 per ounce earlier this month, reflecting a surge of over 25% year-to-date. Experts point to the influence of macroeconomic uncertainties, geopolitical tensions,

MENA Newswire News Desk: The Central Bank of Egypt has announced plans to offer a portion of United Bank’s shares on the Egyptian Stock Exchange. The offering, intended to expand investor participation, is expected to be completed by the end

MENA Newswire News Desk: Rapaport Diamond Corporation and Dubai Multi Commodities Centre (DMCC) announced the largest polished diamond auction in Dubai’s history by the number of lots. The auction, to be held in the Dubai Diamond Exchange, will feature over

MENA Newswire News Desk: The Federal Reserve on Wednesday cut its benchmark interest rate by half a percentage point, marking the first reduction since the Covid pandemic. The Federal Open Market Committee’s decision to lower rates came as inflation showed