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As the 60th Damascus International Fair approaches, preparations are drawing to a close amid intensive efforts and continuous pace of work with the participation of 48 countries and 1700 local, Arab and international companies and a number of businessmen from abroad
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SINGAPORE - Gold’s decade-long Bull Run could continue in the next four years, though at a slower pace, with positive inflation risks partially cooled by a shift toward more normal economic conditions ...
CEO of Saudi Telecom Company Saud al-Duwaish disclosed that his company had received a letter stating that the auction for the 3rd mobile network operating license has been postponed without specifying another date ...
TOKYO - Japan’s exports fell for the first time in 16 months in March, hit by the fallout from last month’s massive earthquake and tsunami, which destroyed factories and damaged ports.
Auto exports especially took a beating as the twin disasters ...
BEIJING - China has provided a total of 256.29 billion yuan ($39 billion) in aid to foreign countries by the end of 2009, a white paper on foreign aid says.
According the white paper issued by the Information Office of the State Council ...
SHANGHAI - High oil prices have hurt demand in top consumers China and the US, and OPEC needs to raise output around June to stem further price rises, the International Energy Agency’s executive director said ...
Singapore - Spot gold prices breached $1,500 for the first time and silver hit a 31-year high on Wednesday, supported by a weak dollar and concerns over a sovereign debt crisis in the euro zone. ...
Damascus – The SYP/ USD exchange rate continues stable at 47,69 for the third week in a row, while the Euro started off the week's trading at 68,74 and closed at 69,18, recording a 0,64 % increase.
According to the Central Bank of Syria (CBS) weekly report ...
Tokyo - The Japanese economy could grow slower than earlier projections as the nuclear crisis following the March 11 earthquake and tsunami has unfolded, the chief economist at the Asian Development Bank said in a recent interview ...
WASHINGTON — Anoop Singh, the director of the International Monetary Fund's Asia-Pacific Department, said power losses in Japan following the nation's worst earthquake threaten to disrupt growth in the region's ...
WASHINGTON — Global finance chiefs have warned that rising food prices, unanswered joblessness and weak finances in advanced economies could still derail economic recovery.
“We are one shock away from a full-blown crisis,” ...
LONDON - Gold held near record highs on Monday as worries over the outlook for the euro lifted interest in the metal as a haven from risk and as a fresh hike in China’s reserve requirements highlighted concerns over inflation ...
Aleppo, Northern Syria - Members of Aleppo Chamber of Commerce on Sunday called for achieving coordination between the Ministry of Economy and Trade and various bodies at the chambers of commerce and industry, in addition to allowing these bodies to participate ...
BEIJING - China's central bank announced Sunday it would raise the required reserve ratio of the country's lenders by 50 basis points from Thursday, the fourth time this year ...
SAN FRANCISCO - IBM on Wednesday announced a collaborative project to develop an intelligent transportation system that is expected to help commuters avoid traffic jam and enable transportation agencies to better understand, predict and manage traffic flow ...
WASHINGTON - Finance ministers and central bank governors from the world's 20 dominant economies have completed the first step to address global economic imbalances, French Finance Minister Christine Lagarde said here on Friday
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Damascus – In its closing session on Wednesday, participants in the 6th Damascus Insurance Forum recommended preserving the independence of supervision and monitoring bodies to reach a developed legislation environment. They called for improving management methods and increasing ...
Leaders of the world’s major emerging powers are set to meet on Thursday in China at a summit expected to tackle the conflict in Libya and reform of the international financial system.
The summit of the five-member BRICS bloc -Brazil, Russia, India, China and South Africa- ...
Damascus - The Women Empowerment Project continues activities in Afrin town and Mount Simeon, northwest of Aleppo, targeting 7 villages.
The project is sponsored by the Ministry of Social Affairs and Labour in cooperation with the UNDP ...
LONDON - Surging inflation pressures and the natural disasters that ravaged Japan last month look unlikely to stall an ascendant global economy, a Reuters poll of around 350 economists showed on Thursday ...
Geneva -The World Trade Organisation’s chief has triggered a race to rescue stalled global trade talks, setting a date for delivery of the crucial “texts” that could make or break the process by the end of April ...
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