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UAE, Ireland keen to boost investment exchanges

by Newsdesk-Top NewsEuropeUAE NewsFebruary 2, 2023February 2, 2023

The two sides agreed on strengthening cooperation in sectors of the future economy and creating opportunities in the knowledge economy by supporting innovative SMEs…reports Asian Lite News UAE minister of…

UAE, Gulf banks raise interest rates

by Newsdesk-Top NewsArab NewsUAE NewsFebruary 2, 2023February 2, 2023

This decision was taken following the US Federal Reserve Board’s decision to increase the Interest on Reserve Balances (IORB) by 25 basis points…reports Asian Lite News The Central Bank of…

Dubai records 5.5% growth in energy demand

by Newsdesk-Top NewsDubaiUAE NewsFebruary 2, 2023February 2, 2023

The increase reflects the robust performance of Dubai’s economy, population growth, and expansion across all key activities…reports Asian Lite News Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity…

Eurozone inflation slows to 8.5% in Jan

by Newsdesk-Top NewsEuropeFebruary 2, 2023February 2, 2023

The central bank, led by Christine Lagarde, is widely tipped to approve another hike in a bid to make spending more expensive…reports Asian Lite News Inflation in the euro zone…

OPEC+ set to stay the course on oil output

by Newsdesk-Top NewsArab NewsSaudi ArabiaFebruary 2, 2023February 2, 2023

The EIA said that ongoing concerns about global economic conditions as well as the easing Covid-19 restrictions in China raised the uncertainty of the outcomes of its demand forecasts….reports Asian…

NRIs Welcome 2023 Budget

by Newsdesk-Top NewsIndia NewsUAE NewsFebruary 2, 2023February 2, 2023

Azad Moopen of Aster DM Healthcare hoped that government would put more focus on public-private partnerships (PPP) to address the issues in the healthcare delivery sector…reports Asian Lite News Non-Resident…

Concerns grow over China’s growing n-arsenal

by Newsdesk-Top NewsAsia NewsChinaFebruary 2, 2023February 2, 2023

For the first time, the USA is facing the strategic challenge of two nuclear-armed peer competitors. Washington DC is in a unique position with two potential adversaries, since Russia and…

Rakhine natural gas worth $1.43 billion sold to China

by Newsdesk-Top NewsAsia NewsChinaFebruary 2, 2023February 2, 2023

The Junta exported and sold billions worth of natural gas from Rakhine to China in 2022….reports Asian Lite News Myanmar’s military junta is selling Rakhine’s natural gas to China and…

Myanmar junta extends state of emergency

by Newsdesk-Top NewsASEAN NewsAsia NewsFebruary 2, 2023February 2, 2023

Regarding the election, the junta chief said that the country was still not ready for that as they don’t have an ‘accurate’ voter list and ‘free’ polls…reports Asian Lite News…

Balochistan’s financial crisis getting worse

by Newsdesk-Top NewsAsia NewsFebruary 2, 2023February 2, 2023

Thousands of people were left homeless by last year’s floods in 28 of the province’s 35 districts..reports Asian Lite News Balochistan’s economic crisis only tends to get worse with every…