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Sri Lanka’s headline inflation accelerated in May to the highest since 2015 due to rising food and transport costs, as the island nation grappled with its worst economic crisis in seven decades.
Crisis-hit Sri Lanka’s inflation hit a record high for the sixth consecutive month, official data showed on Friday as the government asked the IMF for an urgent bailout.
The International Monetary Fund (IMF) announced it will begin the next round of technical discussions with Sri Lanka from May 9-23 IMF’s mission chief for Sri Lanka, Masahiro Nozaki said
ADQ, an Abu Dhabi-based investment and holding company, has unveiled plans to invest US$35 billion in Egypt. ADQ will acquire the development rights for Ras El-Hekma for $24 billion
His Highness Sheikh Saud Bin Saqr Al Qasimi, Supreme Council Member and Ruler of Ras Al Khaimah, affirmed that startups based on modern technologies
Moscow is emerging as a vibrant tourist destination, with particular emphasis on fostering ties with Gulf countries, especially the UAE. In recent years, various measures have been implemented to enhance the travel experience to Moscow and make it more convenient and enjoyable for
Gregonis praised Dubai as an innovative city with 12 US companies that have innovation centres where they showcase their latest technologies. She expressed her pride in the American national companies that are showcasing their latest achievements, especially in the field of the automotive industry.