Month : November 2024

Business

Wage inequality declines globally in two-thirds of countries since 2000

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MENA Newswire News Desk: Wage inequality has declined in approximately two-thirds of countries since the turn of the century, according to a newly released report...
Business

UAE’s non-oil economy set for 4.7% growth in 2024, says UBS expert

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MENA Newswire News Desk: The UAE's non-oil economy is projected to grow by 4.7% in 2024, according to Michael Bolliger, Chief Investment Officer for Global...
News

Surge in European electricity prices adds pressure to fragile economy

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MENA Newswire News Desk: Wholesale electricity prices in Europe's major economies have surged to their highest levels in over a year, according to recent reports,...
Luxury

Luxury brands struggle as only a third project growth in 2024

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MENA Newswire News Desk: The personal luxury goods market, long seen as resilient against economic uncertainty, is witnessing a significant contraction for the first time...
News

Seven killed in residential fire in central China’s Hunan Province

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MENA Newswire News Desk: Seven individuals lost their lives in a residential fire in central China's Hunan Province on Saturday morning, as reported by Xinhua...
News

EU delays anti-deforestation law implementation to December 2025

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MENA Newswire News Desk: The European Union (EU) has postponed the enforcement of its anti-deforestation regulation by one year, shifting the start date to December...
Business

Dubai unveils first global maritime code to boost port infrastructure

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MENA Newswire News Desk: The Ports, Customs, and Free Zone Corporation (PCFC) has officially launched the “Dubai Code for Ports,” a global first in maritime...
News

Ishiba pledges major reforms in Japan following re-election by parliament

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MENA Newswire News Desk: Japan’s Prime Minister Shigeru Ishiba committed to advancing political reforms following his re-election by the Japanese parliament on Monday, reaffirming his...
News

Mukhtar Babayev emphasizes unity at COP29’s opening session in Baku

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MENA Newswire News Desk: Mukhtar Babayev, Azerbaijan's Minister of Ecology and Natural Resources and President of COP29, has reaffirmed his commitment to advancing the implementation...
Business

ADNOC Gas plans $5 billion Ruwais LNG stake acquisition by 2028

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MENA Newswire News Desk:  ADNOC Gas has announced plans to acquire ADNOC’s 60% ownership stake in the Ruwais Liquified Natural Gas (LNG) project, with the...