by Jennifer George | September 26, 2024 | Economy, Markets, News, Regulations
Shortly after the Chinese government announced a slew of economic stimuli to resuscitate the economy, a new form of aid has been established. China is set to offer cash handouts to “extremely poor people, orphans, and other needy people.” On Wednesday,...
by Jennifer George | September 25, 2024 | Economy, News, Regulations, Travel
As part of a strategic partnership, Qatar becomes the first Gulf country to become part of the US visa waiver program. In a joint statement on Tuesday, the US State Department and the Department of Homeland Security announced that Qatari citizens can now apply for...
by Priyanka Sharma | September 24, 2024 | Banking, Banking Regulations, Central Banks, Currency Markets Analysis, Economy, politics, Trending Now
In a bid to revive its flagging economy, China’s central bank has unveiled a major package of measures including plans to lower borrowing costs and allow banks to increase their lending. People’s Bank of China (PBOC) Governor Pan Gongsheng announced the...
by Jennifer George | September 23, 2024 | Economy, Industry, News, Real Estate, Regulations
According to a new law issued by Sheikh Dr Sultan bin Muhammad Al Qasimi, Ruler of Sharjah and Member of the Supreme Council, all landlords are obliged to ratify rental contracts within 15 days of issuance. However, agricultural land, residential properties granted by...
by Jibran Munaf | September 22, 2024 | Economy, Finance
Federal Reserve Chair Jay Powell faces increasing pressure to ensure that the central bank’s interest rate cuts successfully lead to a soft landing for the U.S. economy. This week, Powell defended the Fed’s decision to initiate a series of rate reductions, emphasizing...
by Jibran Munaf | September 21, 2024 | Economy
The Gulf Cooperation Council (GCC) is making significant progress towards a unified definition of Gulf national products, a pivotal step toward achieving “economic citizenship” across the region and boosting the industrial sector. This development was the...
