Economy

Saudi KAFD receives award for sustainability leadership

The King Abdullah Financial District (KAFD) in Riyadh has received an award for leadership in sustainability from the US Green Building Council (USGBC). The award is for applying the highest

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Erdoğan cuts foreign operations amid worsening economy

President Recep Tayyip Erdoğan issued a circular on Wednesday ordering public institutions and organizations to impose strict austerity measures, even prohibiting the personal use of airline bonus miles. It is

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Saudi Crown Prince announces details of Kingdom’s emergence as global logistic hub

Saudi Arabia’s Crown Prince Mohammed bin Salman on Wednesday launched his country’s National Transport and Logistics Strategy. The comprehensive program aims to position the Kingdom as a global logistics hub

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Turkey throws-down gauntlet on cryptocurrency

Turkey has decided to throw down the gauntlet on the cryptocurrency industry. It has assigned money laundering and terror financing regulations to the nascent market, leaving Turkish crypto investors scrambling as they

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The strange case of business tycoon Khater Massaad

Just five years ago, back in September 2016, in the eyes of UAE newspaper The National News, Khater Massaad was seen as the golden boy of business in the Northern

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Investors want resumption of Destiny Limited operations

In the similar manner, top policymakers of Destiny Group, including its Chairman Mohammed Hussain and Managing Director Rafiqul Amin may be released on interim bail for six months with the

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Iranian petrochemical companies dodge international sanctions

Dodging sanctions, a number of Iranian petrochemical companies, including Isfahan Bitumen Production Company and Jey Oil Refining Company have been selling bitumen worth hundreds of millions of dollars every year,

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Trade and investment liberalization destroy food systems

One of the most devastating policies that destroyed food systems is trade and investment liberalization. That is why farmers alongwith many more people worldwide have united to reverse such liberalization

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Thai PM asks central bank to reduce rates of credit cards, loans

The government has asked the central bank to review interest rates for credit cards and personal loans to try to tackle high household debt, the prime minister said on Tuesday,

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Bangladesh’s blue economy policy focuses more on ports, shipping industry

The blue economy policy of the government, coupled with export diversification strategy, has made the ports and the shipping industry more focused, said Chittagong Port Authority (CPA) Chairman Rear Admiral

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