Powell confirms Fed will move cautiously on future interest rate cuts
Federal Reserve Chair Jerome Powell emphasized a cautious approach to future rate cuts, noting that the Fed will act based on economic conditions, inflation trends,...
Month : September 2024
India allows white rice exports, leading to global rice price drop
Global rice prices dropped after India resumed non-basmati white rice exports, easing supply concerns for importers in Asia and Africa and stabilizing the market....
FDA greenlights Cobenfy, marking first new schizophrenia drug in decades
The FDA has approved Cobenfy, the first new schizophrenia medication in over 30 years, offering a novel treatment approach for managing symptoms like hallucinations and...
Airlines urged by EU to avoid Lebanon and Israel airspace next month
The EU has advised airlines to avoid Lebanese and Israeli airspace throughout October due to escalating tensions and an increase in airstrikes, citing serious security...
FAO urges investment in reducing food waste to meet climate goals
Halving food loss and waste could reduce global agricultural greenhouse emissions by 4% and decrease the number of undernourished people by 153 million, FAO says....
MENA Newswire bridges Turkish media gap with news services
MENA Newswire is addressing a critical gap in the Turkish media market by offering localized Turkish-language news services, providing unmatched solutions in news distribution....
Kingdom of Saudi Arabia achieves poultry production milestone in 2024
Saudi Arabia has achieved a milestone with 558 million kg of poultry production in H1 2024, a 9% increase from 2023. The growth is attributed...
Abu Dhabi and Dubai airports see passenger traffic surge in H1 2024
UAE airports saw a 14.2% increase in passenger traffic in H1 2024, handling over 71.7 million passengers, marking a strong recovery for the aviation sector...
UAE’s first AI accelerator launched by Meta and Dubai Future Foundation
Meta and Dubai Future Foundation launch the UAE’s first AI accelerator, aiming to connect startups with UAE corporates and drive innovation using Meta’s open-source AI...
UAE president meets top US tech leaders to discuss AI opportunities
UAE President Sheikh Mohamed met Microsoft, BlackRock, and Nvidia CEOs to discuss AI advancements and UAE-US collaboration in Washington....