Visitors during a currency expo at the Riksbank headquarters in Stockholm. File/Agence France-Presse
Sweden’s central bank (CB) ended five years of negative interest rates when it raised benchmark borrowing costs by a quarter point to zero, defying an economic slowdown and global uncertainty.
The Russian Central Bank plans to resume its purchases of foreign currency for state reserves that are pegged to oil prices in 2022, after pausing them this year amid the rouble crash, Governor Elvira Nabiullina said.
Indonesia’s economy expanded more slowly than expected in the first quarter of this year, as investment dropped ahead of elections and campaign spending failed to sustain growth momentum. Southeast Asia’s largest economy grew 5.07 per cent in January-March from a year earlier,
Well renowned personality of Maritime Sector Chairman Pakistan Ship’s Agents Association (PSAA), Vice President Pakistan Stevedores Conference Ltd (PSCL), and Former Vice President Federation of Pakistan Chambers of Commerce & amp; Industry (FPCCI) Tariq Haleem says that the Pakistani nation,
The value of Dubai Chamber member exports and re-exports increased by nearly 24 per cent to reach Dhs22.1 billion in March 2021, compared to the same month last year, the organisation has revealed.
Mohammed Saif Al Suwaidi, Director-General of the Abu Dhabi Fund for Development (ADFD), stated that the fund has helped finance hundreds of development projects in Jordan costing Dhs6.5 billion,
World Security, a DP World company, hosted key customers and stakeholders on a webinar to educate customers about the services provided by the entity and the numerous advantages of operating in Jebel Ali Free Zone (Jafza).