“Al Ain News” monitors the most prominent economic events in the framework of providing a distinguished service to the reader that covers important economic events at the regional and international levels.
The negotiations of the German airline “Lufthansa” with the Federation of United Services Unions (Verdi) regarding the wages of ground crews in light of the Corona crisis ended in complete failure, despite attempts that continued over 20 sessions to resolve the matter that turned into a nightmare that haunts the company’s management, especially after the government acquired 20 % Of its shares against the stimulus package.
On Thursday, the Central Bank of Egypt fixed key interest rates unchanged for the fifth month in a row, despite inflation falling to its lowest level in 8 months in July and the slowdown in economic growth due to the Coronavirus pandemic.
“The high-class brother-in-law does not have in the economy, he does not know anything about the poor, he is sleeping in honey.”
Day after day, Turkish President Recep Tayyip Erdogan’s ambitions for the fortunes of Libya are revealed, and the agreement to strengthen economic relations signed yesterday is nothing but an illegal cover to make the looting legal.
Temporarily, the port of Tripoli in northern Lebanon replaced the destroyed port of Beirut, despite its capacity being much less than the main facility in the capital, which was the main gateway for imports in a small country that secures most of its needs from abroad.
The war between the United States of America and Huawei expanded in the European arena, after Slovenia announced that it would join Washington and London in the campaign against the Chinese technology giant.
The Dubai Stock Exchange rose to its highest level in two months, at the end of Thursday’s session, supported by the rise in Emirates NBD shares, while the rest of the major markets in the region also advanced at the close.
After a disastrous explosion that rocked Lebanon last week, Beirut’s need for aid becomes urgent, but the Lebanese fear that state intervention will make matters worse with militia leaders dominating the country since the end of the civil war.
About 3 weeks after the collision of the oil and cargo tanker (M.V. Wakashio) in a reef off the southeast coast of the island in the Indian Ocean, and the worst environmental disaster in the history of Mauritius followed, the Japanese company responsible for the ship announced Thursday, It offers three steps to end the crisis.