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The UAE Central Bank indicated Monday that the government will reduce its spending due to slash in oil prices on the international market and will adopt drastic measures to avoid an acute deficit but announced that the country’s economy would Read more
The latest quarterly review released by the Economic development Board (EDB) showed that Bahrain’s efforts to diversify its economy are proving positive after figures showed that its non-oil economy surpassed expectations after it expanded by 5% in the first quarter. Read more
U.S. Secretary of State John Kerry has revealed a $4 billion U.S. plan to boost the Palestinian economy at the end of the World Economic Forum held in Jordan. The news got mixed feelings among the Palestinian leaders. Former British Read more
The rate of interest rates in Yemen had been set at 18 % two month ago but since then an unprecedented low has been reached by getting to 15% this week. This rate on certificates of deposits (CDs) is explained Read more
They were praised and referred to as the icons of freedom, the symbol of struggle, examples of a wanted change etc such were the praises heaped upon the revolutionaries of the Arab spring by their orators from different walks of Read more