economy - Asian News from UK

WAR: African Economies to Pay the Price

Mr Zemedeneh Negatu, chairman of Fairfax Africa Fund, says Russia-Ukraine conflict affects Africa’s wheat, oil importing countries most The impact of the Russia-Ukraine conflict is felt internationally, but it affects wheat and

April 19, 2022

-Top News·AFRICA NEWS·Economy

Lebanon’s bakeries suspends business amid flour shortage

More bakeries in southern Lebanon suspended business on Tuesday amid shortage of flour, the Head of the Bakery Owners Syndicate in South Lebanon said…reports Asian Lite News “A big number of bakeries

April 14, 2022

Arab News·Economy·News

Russia increases spending fund to ensure economic stability

The government’s reserve fund is a cash cushion to be used for unexpected spending that was not projected in the state budget. Last year, it was used for one-off social payments and

April 11, 2022

-Top News·Asia News

Political turmoil wrecks Pak economy

The political unrest has also led to freezing of petroleum product rates and increasing the subsidies in different forms…reports Asian Lite News Pakistans political turmoil is having a major impact on the

April 10, 2022

Business·Pakistan

‘UAE economy is rising’

Breaking international economic expectations the United Arab Emirates’ economy achieved a growth rate of 3.8 percent in 2021, reports Asian Lite Newsdesk The UAE’s Gross Domestic Product (GDP) for 2021 has broken

April 8, 2022

-Top News·Economy·UAE News

Iran’s economic crucible unsolved as nuke talks stalled

As one year of nuclear negotiations has yet to lift sanctions on Iran, the administration of Iranian President Ebrahim Raisi has been facing multiple challenges in improving lagging economic indicators…reports Asian Lite

April 6, 2022

Arab News·Economy·News

Fuel Crisis Rocks Kenya

Kenya has been hit hard by an unprecedented fuel shortage that is threatening to grind the country’s economy to a halt…reports Asian Lite News The crisis has seen a number of oil

April 5, 2022

AFRICA NEWS·News

$12 billion growth in India’s startup fundraise

India emerged as the third largest startup ecosystem in the world this year, after the US and China, as per Hurun Research Institute…reports Asian Lite News Domestic startups have raised over $12

April 3, 2022

STARTUPS News

‘Sword of Damocles’ hangs over global economy’

The index that measures changes in the international prices of a basket of food commodities hit 140.7 in February, an all-time high in real terms since 1961…reports Asian Lite News UN Secretary-General

March 15, 2022

Economy

Egypt Plans Reforms in Economy

Egypt seeks to boost economy with 2021-2022 budget… A special report by Marwa Yahya/Xinhua. The country is targeting a budget deficit of 6.6 percent in the fiscal year 2021-2022 and to cut

March 14, 2022

Arab News·News·World

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