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The canal's total tonnage fell by a third, and the number of transits declined by about 22 percent YoY
This includes developing the exchange market, facilitating bilateral trade and direct investment, and remittance settlement
The completion of the merger follows regulatory approval from the Turkish Competition Authority
The bank noted that "the current monetary stance is appropriate to support the sustained moderation of inflation."
Brent oil futures for September delivery shed 0.5 percent to $84.73 per barrel
For the Middle East and Central Asia, oil production and regional conflicts continue to weigh on prospects
BNPL services are outpacing credit cards in the region
Data showed a significant uptick in both domestic and international travel
Brent oil futures for September delivery rose 0.1 percent to $85.52 per barrel
This downward trend extends from a record high of 38 percent reached in September 2023
Agreements include a deal to search for and exploit gas and crude oil in the North Port Fouad offshore area in the Mediterranean
Discussions will include the preservation and restoration of archives, AI, intellectual property, copyright laws
MENA startups raised $116 million in June 2024, bringing H1 total to $882 million
Global average temperatures in the last 12 months reached the highest on record at 0.76 °C above the 1991-2020 average
Brent crude futures, which have risen 7 percent over the past four weeks, dipped slightly by 2 cents to $87.41 per barrel
Public and private initiatives drive growth
Brent crude futures for September delivery rose 0.2 percent to $86.41 per barrel
UAE ranked among the top 10 global travel destinations in the past year
Brent oil futures expiring in August rose 0.4 percent to $86.73 a barrel
Remittances to LMICs are expected to grow 2.3 percent in 2024, but unevenly across regions
Brent oil futures expiring in August fell 0.1 percent to $84.90 per barrel
The emirate emerged as the 6th most expensive city in EMEA, attracting wealthy residents with its flourishing economy
Brent crude oil futures for August delivery rose 0.1 percent to $86.07 per barrel,
The chemicals sector accounted for 52.4 percent of the total
