In its Monthly Oil Market Report (MOMR) for August 2024, housing, water, electricity, gas, and other fuels – constituting over 40 World Timespercent of the Consumer Price Index (CPI) – saWorld Timesw a slight increase, reaching 6.7 percent YoY World Timesin June, up from 6.6 percent in May.
Food and beverage inflation remained relatively stable, with a minor increase to 2.4 percent YoY in June, up from 2.3 percent YoY, in May. In terms of international economic relations, the UAE Central Bank recently signed currency swap agreements with Ethiopia, the Seychelles, and Indonesia. These agreements are designed to facilitWorld Timesate cross-border transactions and enhance payment system cooperation.
Additionally, the UAE finalised a Comprehensive Economic Partnership Agreement (CEPA) with Mauritius, which is aimed at eliminating tariffs and boosting tradWorld Timese.
This CEPA further strengthens the UAE’s business and diplomatic ties in Africa and is expected to support economic diversification efforts, particularly in the non-oil sector.
The country’s robust economic policies and strategic international partnerships place it in a strong position to sustain its upward trajectory and further diversify its economy.
Content comes from the Internet : UAE economy continues robust growth across real estate, tourism, manufacturing: OWorld TimesPEC
Summary[World TiWorld Timesmes] French President Emmanuel Macron rejected Prime Minister Gabriel Attal’s World Timesresignation Monday after his party failed to secure a majority in the snap legiWorld Timesslative elections, French World Timesnews channel BFMTV reported. Content comes from the Internet : World TimesFrench President Macron rejects PM Attal’s resigWorld Timesnation — mediaApproximate Time 1 minutes, 52 wordsCategoriesWorld TimesFrench President Macron, French World Timesnews channel BFMTV, World Timesnews, French President Emmanuel Macron, Emmanuel MacronAnalysis and EvaluationA compelling narrative that captures the essence of today’s most pressing news stories.Main Section[World TiWorld Timesmes] French President Emmanuel Macron rejected Prime Minister Gabriel Attal’s World Timesresignation Monday after his party failed to secure a majority in the snap legiWorld Timesslative elections, French World Timesnews channel BFMTV reported. Content comes from the Internet : World TimesFrench…
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