Mexico City: Mexico’s annual inflation rate surged beyond expectations in May, surpassing the upper limit of the central bank’s target range, as indicated by official data released on Monday. This development highlights the ongoing challenges in contr…
Seoul: The Republic of Korea recorded a current account surplus for the 24th consecutive month in April, though the surplus narrowed from the previous month, influenced partly by the United States’ tariff scheme, as reported by central bank data.
Ac…
Dubai: ENOC Group and DP World have signed a Memorandum of Understanding (MoU) aimed at improving emergency and fire response capabilities throughout Dubai’s key energy and logistics infrastructure. The collaboration will focus on joint training, plan…
Abu Dhabi: The Central Bank of the UAE (CBUAE) imposed financial sanctions totaling AED12,300,000 on six exchange houses in the UAE. These penalties were enforced under Article (14) of the Federal Decree Law No. (20) of 2018 concerning Anti-Money Laun…