According to central bank governor Riad Salameh, Lebanon will adopt a new official exchange rate of 15,000 pounds per U.S. dollar on Feb. 1. This represents a 90% reduction from the current official rate which has remained unchanged for 25…
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Lebanon devalues its currency by 90 percent, market rate is much lower
According to central bank governor Riad Salameh, Lebanon will adopt a new official exchange rate of 15,000 pounds per U.S. dollar on Feb. 1. This represents a 90% reduction from the current official rate which has remained unchanged for 25…
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Outstanding operational performance by Etihad Cargo in 2022
Etihad Cargo, Etihad Aviation Group's cargo and logistics arm, exceeded its operational performance targets in 2022. In freighter departures, the carrier achieved 80.5 percent on-time performance (OTP) and in freighter arrivals, it reached…
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Indian FM presents $550 billion progressive and inclusive Union Budget
Indian Finance Minister Nirmala Sitharaman presented a $550 billion progressive and inclusive Union Budget for 2023-24 today. According to her, Indian economics are heading in the right direction despite challenging times globally. Economic…
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Vietnam-India bilateral trade reached record levels in 2022
There was a 13.6% yearly increase in two-way trade between Vietnam and India in 2022, according to statistics from the General Department of Customs, which were quoted by the Vietnam News Agency (VNA). The value of Vietnam's exports to…
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Djokovic tops ATP rankings, Sabalenka No. 2
The Australian Open championship returned Novak Djokovic to the top of the ATP rankings on Monday. During the 50-year history of computerized rankings for men's tennis, his rise from No. 5 to No. 1 is the largest jump from No. 5 to No. 1.…
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