IMF Completes Egypt Review, Approves New Arrangement
The Executive Board of the International Monetary Fund (IMF) has completed the fourth review of Egypt’s economic reform program supported by the EFF arrangement. This enables the authorities to immediately draw about US$1.2 billion (SDR 922.87 million), bringing Egypt’s total purchases under the EFF to about US$3,207 million (SDR 2,420.22 million or 119 percent of quota). Egypt’s 46-month...
US Dollar Faces Weekly Losses Amid Trade Tariff De-Escalation
markets analysis on behalf of Konstantinos Chrysikos Head of Customer Relationship Management at Kudotrade
The US Dollar remained under pressure, poised to end the week in negative territory as easing trade tensions boost risk appetite. Investor sentiment improved after the US rolled back tariffs on imports from Mexico and Canada, following Wednesday’s decision to halt a planned...
Brazil’s trade flow with Arab countries reaches USD 2.56 billion in Jan and Feb 2021
Year-on-year performance climbs 12.5 per cent
Brazil’s trade balance with Arab...
Uber’s Net Revenue Down 50% in Q2 of 2020 - COVID-19’s Impact on the Ride-Sharing App
COVID-19 disrupted many industries that were flourishing prior to...
New Report Illustrates ‘Cloud’ as a Technology and a Domain will Continue to Grow Through COVID-19
A leader in enterprise cloud computing, has announced findings...
Chile to crack the UAE’s walnut market following COVID-19
Chile is doubling its efforts to become the UAE's exporter of choice regarding dried fruits, particularly...
Card payments in Indonesia to slowdown in 2020 as consumer spending plummets
COVID-19 pandemic has hit the Indonesian payment market as consumers are staying away...
NYU Abu Dhabi uses mathematical modeling to identify optimal school return approach in light of COVID-19
In a recent study, NYU Abu Dhabi Professor of Practice...
Unemployment Main Concern for Business Leaders but Climate is Moving Up List of Top Risks
Unemployment is the main concern for business executives globally, with...
Bringing project finance will be a key factor for success in the Middle East’s projects market in 2021, according to GlobalData’s MEED. The company reviewed...
To Help Companies Prepare for Increased Risk of Covid-19 Cyberattacks
For the 4th year in a row, W7Worldwide is the communications partner of one of the biggest and...
