The International Monetary Fund (IMF) has approved $148 million to help Guinea address the challenges posed by COVID-19.
The amount was approved under the Rapid Credit Facility (RCF).
"Worsening global conditions and a rapidly spreading local outbreak have deteriorated Guinea's short-term growth prospects and hindered mining exports and tax revenues," the IMF said in a statement.
UK's Jaguar Land Rover to cut 4,000 jobs over next two years
British luxury carmaker Jaguar Land Rover said on Monday it would cut around 4,000 jobs globally over the next two years as part of a broader plan to reduce costs and improve competitiveness.
Salik renews tolling technology deal for five years
Salik has renewed its tolling technology contract for Dubai's road toll system with US company TransCore for another five years, extending a partnership that dates back to 2006.
Volkswagen flags 50,000 job cuts across group
Volkswagen's supervisory board has approved a transformation plan on Thursday that will include cutting another 50,000 jobs in its attempt to counter painful tariffs, overcapacity, and aggressive Chinese rivals.
UAE tightens anti-fraud rules, sets 24-hour deadline to withdraw fake goods
The UAE Ministry of Economy and Tourism has outlined new regulations aimed at strengthening the fight against commercial fraud, protecting consumers and improving market oversight.
Apple facing $2.7 billion UK lawsuit over 'unfair' app tracking rules
Apple is facing a £2 billion ($2.7 billion) London lawsuit brought on behalf of app developers over its app tracking rules, with the iPhone maker accused of abusing its power to unfairly impose greater restrictions on third parties.
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UAE President Sheikh Mohamed Bin Zayed Al Nahyan’s visit to the US to boost economic and technology ties including AI.
Apple Inc. shares fell Monday after a closely followed analyst warned that demand for the firm’s new iPhone 16 Pro model has been lower than expected. Is this a sign that the AI software just isn’t ready?
Does working from home kill productivity or can it benefit staff by giving them more flexibility and a better work/life balance?
Dubai’s current population is more than double compared to almost twenty years ago, which now stands at 3.7 million. Lots of families are also moving to the UAE now. So what does it mean for the property market?
Glory Ehirim Nkiruka is Noon’s first ever female delivery driver. In her first ever interview, she explained why she loves her job, despite the heat!
