BEIJING: The prolonged lockdown in Shanghai, China’s financial hub, is slowing the country’s generally booming meat trade, with strict COVID-19 measures causing logistical bottlenecks in the food industry, a sign of growing disruptions to business. The challenge of transporting food to and around Shanghai, whose residents are in stressful isolationRead More →

Part of the campaign – Min. Tourism & Antiquities CAIRO – April 28, 2022: Following on from the promotional campaign launched by the Ministry of Tourism and Antiquities in early April to ease the process of obtaining a tourist visa for Egypt, the ministry launched another campaign on April 28Read More →

In 2017, Emmanuel Macron came to power as France’s eighth president and the youngest leader to ever occupy the Elysee Palace, his political rise in months from a rank outsider who had never contested an election. at the head of the state was nothing but dazzling. But as he seeksRead More →

Dubai, United Arab Emirates: Responding to growing passenger demand for air travel, Emirates will double its flights between Alger and dubai two to four per week, starting May 1, 2022. The service currently between Alger and dubai will no longer be linked to Tunisiaoffering more flexibility and convenience in gettingRead More →

Gunvor announced it had more than doubled its full-year profits, becoming the latest commodities trader to reveal windfall profits for 2021 when it took advantage of growing energy demand as lockdown restrictions eased. The Geneva-based company controlled by billionaire Torbjorn Tornqvist said on Tuesday its net profit reached $726 millionRead More →

Dubai, United Arab Emirates: In response to growing passenger demand for air travel, Emirates will double its flights between Algiers and Dubai from two to four weekly flights, starting May 1, 2022. Service currently between Algiers and Dubai will only be more connected to Tunis, offering more flexibility and convenienceRead More →

Focus on China – Fall of the Bluechips; Alibaba’s Ant Group Seeks Majority Stake in 2C2P; e-com companies summoned The Chinese yuan weakened on Tuesday as expectations of sharp rate hikes by the US Federal Reserve boosted the dollar, but moderating expectations of aggressive easing by China’s central bank helpedRead More →

RIYADH: Oil prices rose on Tuesday as investors worried about tight global supply after Libya was forced to halt some exports and Shanghai factories prepared to reopen after the COVID-19 lockdown. 19, alleviating some concerns about demand. Brent crude futures rose 61 cents, or 0.5%, to $113.77 a barrel atRead More →

U.S. homebuilder confidence fell for the fourth straight month in April as rising mortgage rates, rising home prices and high construction costs weighed on builder confidence and affordability housing. The National Association of Home Builders’ housing market index fell two points to 77 in April, in line with economists’ forecasts,Read More →

NEW YORK: Whether the war in Ukraine is driving a nail in the coffin of globalization is hotly debated in the West today, amid the jolt the conflict has brought to the international economic order.Those who debate the future of economic integration and interdependence in the world cite a veryRead More →

The Ministry of Gender, Labor and Social Development has been named the most gender-responsive government agency, according to a report by the Equal Opportunities Commission (EOC).The report, which assesses all government ministries, departments and agencies (MDAs) in terms of aligning their budgets to gender and equity issues, saw the MinistryRead More →

ANKARA: Turkish authorities plan to increase the share of foreign currency earnings that exporters are required to sell to the central bank to 50% from the current 25%, a person with knowledge of the matter said on Monday. A final decision has not been made, the person said, speaking onRead More →

Cuba has decided to relax health measures for travelers. The country will ease its covid restrictions from Wednesday. According to the National Director of Hygiene and Epidemiology, Francisco Duran, travelers are not required to present a vaccination certificate upon arrival, or even present a negative COVID 19 report. However, reportsRead More →

(Bloomberg) – The European Union has said it will hold Russian authorities accountable for alleged atrocities in northern Ukrainian towns occupied by Kremlin forces. Bloomberg’s Most Read French President Emmanuel Macron said there were clear signs of war crimes in Bucha, a town on the outskirts of kyiv. Ukraine’s governmentRead More →