Bank of Japan raises interest rate to 0.25%, cuts bond purchases in major policy shift
The Bank of Japan (BoJ) has increased its benchmark interest rate to 0.25% and announced plans to halve its monthly bond purchases, marking a significant…
Tag: MENA MAGAZINE
South Sudan narrowly avoids huge shock for USA basketball
The United States came from 16 points down to avoid one of the biggest shocks in basketball history in a dramatic 101-100 victory over South…
Twitter threatens Threads lawsuit against Meta
Twitter has threatened to sue Meta Platforms (META.O) over its new Threads platform in a letter sent to the Facebook parent’s CEO Mark Zuckerberg by Twitter’s lawyer Alex Spiro.…
Deutsche Bank tells investors some of their Russian shares are missing
LONDON / NEW YORK – Deutsche Bank (DBKGn.DE) has told clients it can no longer guarantee full access to Russian stocks that belong to them, underlining the…
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Development banks can boost lending by $200 bln – Paris summit
PARIS – Multilateral development banks are expected to unlock $200 billion in extra firepower for emerging economies by running their balance sheets more tightly and…
Turkey expects Gulf investments after top-level UAE visit -sources
ANKARA – Turkey expects the United Arab Emirates (UAE) and Saudi Arabia to invest in its energy and defence sectors after negotiations in Abu Dhabi…
Blood test to detect 50 types of cancer could be given to ‘one million people next summer’
A blood test that can detect 50 types of cancer could reportedly be offered to “a million people” in a pilot programme from next summer.…
Qatar to invest $5 billion in Iraq over coming years
DUBAI – Qatar intends to invest $5 billion in a number of sectors in Iraq over the coming years, the state news agency quoted Qatar’s…
Manchester Utd negotiating exclusivity with Qatar’s Sheikh Jassim in $6 billion-plus sale
English football club Manchester United is negotiating granting exclusivity to the consortium led by Qatar’s Sheikh Jassim bin Hamad al-Thani in talks to sell itself for…