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    New Zealand earmarks $2.5b spending in slowing economy

    30 May 2019

    New Zealand on Thursday unveiled a $2.5 billion spending package under a much-hyped ‘Wellbeing’ budget, prioritising mental health and alleviating child poverty, but it expects a smaller surplus and slower economic growth over the next year.

    Dubai DED issues 2,805 new licences during April 2019

    08 May 2019

    The Business Registration and Licensing (BRL) sector in the Department of Economic Development (DED) Dubai, issued 2,805 new licences during April 2019, a growth of 60 per cent compared to April 2018 (1,753). The new licences created 8,375 jobs in the labour market.

    Majlis to focus on role of state legislation in attracting FDI

    08 May 2019

    Sharjah: The upcoming edition of Sharjah Economic Ramadan Majlis, scheduled for Sunday at the Al Jawaher Reception and Convention Centre (JRCC) in Sharjah, will host discussions on a series of topics based on the theme ‘The Contributions of Government Legislations to Attract FDI’,

    Global shares fall again on US-China trade tensions

    08 May 2019

    Shares in Europe and Asia mostly fell on Wednesday and Wall Street was poised to open lower as representatives from the US and China prepared to resume trade talks in a last chance to stave off more tariff increases. Chinese trade officials headed to Washington for talks this week

    Japan’s big companies face tough competition to get good workers

    08 May 2019

    With unemployment at a 26-year low, Japanese companies are facing stiff competition for talent. But younger people entering the workforce often resent everything that made the Japanese corporate environment globally notorious: long hours, strict top-down discipline and rewards based on loyalty and seniority.

    Saudi Arabia’s non-oil private sector sees strong growth in Q2

    08 May 2019

    RIYADH: Saudi Arabia’s non-oil private sector saw strong growth in both output and new orders at the start of the second quarter. Despite the improved demand environment and increased optimism among firms towards the outlook, employment showed little change.

    Australia’s economic performance allows CB to adopt suitable policy

    03 May 2019

    Australia’s strong economic performance of recent decades has allowed its central bank to avoid the kinds of unorthodox policies seen in other countries, but record low rates mean less conventional measures may be needed to tackle new challenges.

    Egypt economy grows for the first time in 17 months

    07 May 2019

    Egypt’s non-oil private sector economy saw renewed growth in April, according to latest PMI data. Output expanded for the first time in nearly one-and-a-half years and new business increased at a faster rate. Input purchasing and job numbers also rose, while business sentiment towards the year-ahead outlook for activity strengthened.

    UAE strengthens food security alliance with South Korea

    18 May 2019

    The strengthening of national and global food security was the topic on the agenda during the visit of Mariam Almheiri, Minister of State for Food Security, to South Korea last week. Building on the existing strategic alliances that the UAE has with Asia’s fourth largest economy,

    Greece's new PM vows to end economic crisis

    08 Jul 2019

    After a sweeping election victory Greece's conservative leader Kyriakos Mitsotakis was sworn in as new prime minister on Monday.

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