Tue, 21-Oct-2025

South Africa most unequal country in world: report

south africa

JOHANNESBURG: South Africa is the most unequal country in the world, with race playing a determining factor in a society where 10 per cent of the population owns more than 80 per cent of the wealth, a World Bank report said on Wednesday. “South Africa… is the most unequal country in the world, ranking first … Read more

How omicron is affecting Middle East markets

omicron

DUBAI: The new Covid-19 variant, omicron, has prompted global economic concerns, as fears of its spread begin to affect stock markets and oil prices, Arab News reported. Saudi Arabia’s main market, the Tadawul All Share Index, opened 5.3 per cent lower on Sunday, trading near 10,700 points. The Dubai Financial Market was down 8.49 per cent in … Read more