• SCCI and Thailand look to boost economic cooperation

    Sharjah, UAE--The Sharjah Chamber of Commerce and Industry and Thailand have explored ways to boost trade and economic cooperation. In this connection, the SCCI has engaged in high-level discussions with a Thai diplomatic delegation, exploring avenues for enhancing economic cooperation and boosting the trade exchange volume between the two countries....
  • UAE and Egypt presidents hold discussions in Cairo to boost ties

    Cairo, Egypt-- UAE's President Sheikh Mohamed bin Zayed Al Nahyan and his counterpart from Egypt Abdel Fattah El-Sisi met in Cairo to discuss the close bonds between the two countries and ways to expand them further. The two leaders explored opportunities for further collaboration within the framework of the strategic...
  • Dubai approves rise in energy, water efficiency programs

    DUBAI, UAE – Chairman of the Dubai Supreme Council of Energy Sheikh Ahmed bin Saeed Al Maktoum chaired the 81st meeting of DSCE, which was held virtually. The Council reviewed updates of the demand side management strategy for 2030 and 2050, which set well-studied goals to reduce water and electricity...
  • Qatar Central Bank head calls for enhanced GCC action to tackle challenges

    Doha, Qatar--Governor of Qatar Central Bank Sheikh Bandar bin Mohammed bin Saoud Al-Thani has called for strengthening joint action among the Arab Gulf states, especially in light of the economic and financial challenges that the world is experiencing in relation with growth, sustainable development, financial stability, and interest rate policies,...
  • UAE and Russia look to deepen parliamentary cooperation

    Abu Dhabi, UAE-- The UAE and Russia have held talks to enhance the parliamentary cooperation between the two countries. In this connection, a remote meeting was held between Dr. Ali Rashid Al Nuaimi, Chairman of the Defence, Interior and Foreign Affairs Committee of the Federal National Council (FNC), and Grigory...
  • Split over Gaza and Ukraine, G20 meeting ends in discord

    Brazil's Finance Minister Fernando Haddad told a news conference in Sao Paulo that it was "impossible" to reach a final joint statement. The minister said the impasse was over the ongoing conflicts without explicitly mentioning Russia's invasion of Ukraine or Israel's ongoing military campaign in the besieged Gaza Strip.
  • BP to pour US$1.5bn into Egypt oil exploration

    It plans to hike investments in the country to US$5 billion.
  • SCC committee discusses issues related to Sharjah’s economy and tourism

    SHARJAH, UAE - The Financial, Economic and Industrial Affairs Committee of Sharjah Consultative Council (SCC) held a meeting to discuss points to be raised on the policy of Sharjah Commerce and Tourism Development Authority (SCTDA), during the next session. A number of key issues related to stimulating economic growth and...
  • In Egypt, Brazil’s president denounces Israel’s Gaza war

    Speaking before an Arab League meeting in Cairo, President Luiz Inacio Lula da Silva, on his second trip to Egypt and his first during his current term, condemned Israel's war in the Gaza Strip, saying that there must be and end to "this inhumanity and cowardice" in the besieged enclave...
  • Iraq resumes talks with US on coalition forces exit

    According to the military spokesman for Iraq's prime minister, the discussions aim to schedule a timeline for a pullout of coalition forces from Iraq, leading to the end of its mission. He said the meetings will take place on a regular basis in order to achieve the commission's works as...
  • UAE and Jordan leaders discuss boosting economic, investment ties

    Amman, Jordan-- The UAE and Jordan have explored opportunities for collaboration in the fields of economy, investment, food security, renewable energy and sustainability in a meeting between the UAE President Sheikh Mohamed bin Zayed and Jordan's King Abdullah in Amman. The meeting between the two leaders, which took place at...
  • GCC ministers hold discussion on food security in the region

    Riyadh, Saudi Arabia--Jasem Mohamed Albudaiwi, Secretary General of the Gulf Cooperation Council (GCC), held a virtual meeting with ministers from the region to discuss a strategy for food security in the Middle East. Ministers responsible for agriculture and food security from the GCC countries attended the meeting. The meeting discussed...
  • Middle East needs strong Saudi Arabia, says kingdom’s finance minister

    Dubai, UAE-- Saudi Arabia's Finance Minister Mohammed Al-Jadaan said the Middle East needs a strong Saudi Arabia to contribute and that the future outlook looked positive despite recent shocks. The minister was speaking at Davos in a session titled "Saudi Arabia: Continuing Efforts towards a More Sustainable Economy". Al-Jadaan said...
  • Saudi Arabia to highlight role in dealing with global challenges at WEF meet

    RIYADH, SAUDI ARABIA – Minister of Industry and Mineral Resources Bandar Ibrahim Alkhorayef said that the Kingdom’s participation in the World Economic Forum (WEF) annual meeting 2024 in Davos, Switzerland, showcases its vital role in addressing global challenges, particularly in supply chains and capacity building. In remarks to the Saudi...
  • UAE and Azerbaijan presidents pledge to boost ties

    Baku, Azerbaijan-- The UAE and Azerbaijan have discussed ways to enhance cooperation in renewable energy, environmental protection, culture, education, and other areas that contribute to sustainable development. The discussion on the deepening of ties took place in a meeting between Shaikh Mohamed bin Zayed Al Nahyan, President of the United...
  • GCC head and EU top diplomat review relations in Riyadh

    Riyadh, Saudi Arabia--Jasem Mohamed Al Budaiwi, Secretary General of the Gulf Cooperation Council (GCC), and Josep Borrell, High Representative of the European Union (EU) for Foreign Affairs and Security Policy, have reviewed relations in a meeting in Riyadh. The meeting discussed the latest developments and updates in both the regional...
  • UAE participates in UN Peacekeeping Ministerial Meeting in Ghana

    ACCRA, GHANA - A United Arab Emirates delegation led by Dr. Rashed Ali Al Kaabi, Assistant Minister of Foreign Affairs for Security and Military Affairs, participated in the United Nations’ Peacekeeping Ministerial Meeting here. The ministerial meeting was the first to be held in Africa with previous sessions taking place...
  • Arab Union for International Exhibitions & Conferences approves 2024 plan

    Sharjah, UAE--The board of directors of the Arab Union for International Exhibitions Conferences (AUIEC), operating under the Council of Arab Economic Unity of the League of Arab States, has approved its budget and the Union's action plan for 2024. The plan, endorsed during the second periodic meeting for 2023 held...
  • UAE and Turkmenistan pledge to ramp up ties ‘in all fields’

    Dubai, UAE-- The UAE and Turkmenistan have agreed to enhance bilateral ties in all fields, particularly in the development sectors, in the "interests of the two friendly countries and peoples." The resolve to boost ties was expressed during a meeting between UAE's vice president Sheikh Mansour bin Zayed and Turkmenistan...
  • China FM to visit New York for UN talks on Israel-Hamas conflict

    Beijing, China--China's top diplomat Wang Yi will visit New York this week to hold a United Nations Security Council meeting on the Israel-Hamas conflict, Beijing's foreign ministry said on Monday. "As it holds the rotating presidency of the United Nations Security Council this month, China will hold a high-level meeting on...
  • Iran and Russia to speed up railway project along Caspian Sea

    Tehran, Iran--Iran will begin construction work on joint railway projects with Russia as part of the International North-South Transport Corridor (INSTC). "The preliminary steps and obtaining the necessary permits for the construction of the Rasht-Astara railway have been carried out by the Iranian side, and we hope that with the...
  • Palestinian state best guarantee of Israel security: EU’s Borrell

    The European Union's top diplomat Josep Borrell drew this conclusion from his discussions with a range of leaders on his tour of the Middle East. He maintained that Israel should not occupy Gaza after the current conflict ends and that the Palestinian Authority should control the besieged enclave.
  • Bahrain and Thailand seek to boost economic cooperation

    Manama, Bahrain-- Bahrain and Thailand have held discussions to enhance economic cooperation in a meeting between top officials of the two countries. In this regard, Dr. Shaikh Abdulla bin Ahmed Al Khalifa, Political Affairs Undersecretary at the Ministry of Foreign Affairs, today met Worawoot Pongprapapant, Director-General, Department of South Asian,...
  • Saudi Arabia boosts ‘investment relations’ with African countries

    Riyadh, Saudi Arabia-- Saudi Arabia's Ministry of Investment has held a number of roundtable meetings with several African countries on the sidelines of the Saudi-African summit in order to enhance business ties with them. The Saudi-Chadian roundtable meeting was held yesterday, in the presence of the President of the Republic...
  • UAE and China urge UN Security Council meeting on Gaza

    Dubai, UAE-- The United Arab Emirates (UAE) and China have called for a closed-door meeting of the UN Security Council on the Palestinian-Israeli conflict for Monday. The UN Security Council will discuss, in particular, the strikes on the Palestinian refugee camp Jabalia in the north of the Gaza Strip and...
  • FGCC Chambers to hold GCC-Egyptian Business Forum in Saudi Arabia

    AL-KHOBAR, SAUDI ARABIA - The Federation of Egyptian Chambers of Commerce (FEDCOC) is scheduled to host the first Gulf-Egyptian Business Forum on November 22-23. Held under the theme "Business - Investment - Partnership," the event is organized by the Federation of Gulf Cooperation Council (FGCC) chambers in cooperation with FEDCOC,...
  • Iran ramps up oil production to 3.4m bpd, up from 2.9m bpd

    Tehran, Iran-- Iran has ramped up its oil production to 3.4 million barrels per day (bpd), up from about 2.9 bpd. This was stated by Iranian Oil Minister, Javad Owji, according to whom it is part of the government strategy to boost production. The minister made the remarks on the sidelines...
  • UAE and Belgium urge accelerated efforts to ‘restore regional stability’

    Abu Dhabi, UAE-- The UAE and Belgium have stressed the importance of coordinating regional and international efforts to protect civilians and intensify efforts to restore regional security and stability. The sentiments were expressed in a meeting between Sheikh Abdullah bin Zayed Al Nahyan, UAE's Minister of Foreign Affairs and Hadja...
  • US, China agree to work towards Biden-Xi meeting next month

    With the Israel-Hamas conflict raging in the Middle East, Biden also "underscored that the United States and China must work together to address global challenges," it added in a statement. US officials had "expressed our deep concern with the situation (in the Middle East) and pressed China to take a...
  • UN General Assembly to discuss Israel-Hamas war on Thursday

    Many states including Jordan on behalf of an Arab group of nations, Russia, Syria, Bangladesh, Vietnam and Combodia formally requested General Assembly president to schedule the meeting. The UN Security Council, regularly divided on the Israeli-Palestinian issue, rejected a Russian draft resolution last week calling for a "humanitarian pause."
  • UAE and Canada review bilateral ties at first joint-committee meeting

    Abu Dhabi, UAE-- The UAE and Canada have reviewed bilateral ties at the first joint committee meeting in Abu Dhabi on Monday. The meeting was co-chaired by Reem Al Hashimy, UAE's Minister of State for International Cooperation, and Mélanie Joly, the Minister of Foreign Affairs of Canada. During the meeting,...
  • Hamas says one of top commanders killed in Israel strike

    Hamas attacked Israel on October 7 and left over 1,400 people dead and triggered Israeli retaliatory strikes on Gaza where around 3,000 people have been killed, according to officials on both sides. "Ayman Nofal, 'Abu Ahmad', a member of the general military council , was killed" in an Israeli strike
  • UAE allots US$200m to boost growth in low-income countries

    Marrakech, Morocco-- The UAE has allotted $200 million to the Poverty Reduction and Growth Trust (PRGT) to expand concessional financing for low-income countries. This aligns with the UAE’s unwavering efforts to realize the United Nations’ Sustainable Development Goal 1 (SDG 1) – no poverty – alongside other challenges that the...
  • GCC keen to address economic problems: Albudaiwi

    Marrakesh, Morocco-- The Gulf Cooperation Council (GCC) attaches great importance to finding solutions to economic problems such as the eradication of poverty and enhancing food security, according to the GCC Secretary General Jassem Mohamed Albudaiwi. He made the remarks in connection with the participation of the council member states in...
  • Hotels in UAE generate revenues of US$7bn in first seven months, says minister

    ABU DHABI, UAE - In the first seven months of the year, hotel establishments in the UAE generated revenues of US$7 billion (AED 26 billion), said Abdullah bin Touq Al Marri, Minister of Economy and Head of the Emirates Tourism Council. The hotels witnessed a growth of up to 24...
  • UAE and Kyrgyzstan to boost renewable energy, transportation ties

    Bishkek, Kyrgyzstan--The UAE and Kyrgyzstan have discussed mechanisms to enhance joint cooperation in various fields, especially renewable energy, transportation, and logistics services in a meeting between Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure and Sadyr Japarov, President of the Kyrgyz Republic. The minister led a high-level UAE...
  • UAE president and US senator discuss bilateral strategic alliance

    Abu Dhabi, UAE--UAE President Sheikh Mohamed bin Zayed discussed how to deepen strategic alliance with the US in a meeting with US Senator Joni Ernst of Iowa in Abu Dhabi on Friday. During the meeting at Qasr Al Shati, the two sides exchanged views on a number of regional and...
  • Jordan takes measures to cut effect of global crises on food security

    Amman, Jordan-- Jordan has taken measures to hedge against the impact of international crises on food security and lower its impact on families, local communities and the national economy of the kingdom. This was revealed by the kingdom's Minister of Agriculture Khaled Hneifat while speaking the 6th General Assembly meetings...
  • Saudi Arabia participates in global meet to bridge digital divide

    RIYADH, SAUDI ARABIA – The Kingdom’s Governor of the Communications, Space and Technology Commission (CST) Dr. Mohammed Saud Al-Tamimi participated in the Broadband Commission for Sustainable Development annual meeting in New York. The meeting was held on the sidelines of the 78th session of the United Nations General Assembly. The...
  • President Putin and Kim Jong Un discuss sending North Korean into space

    Moscow, Russia--Vladimir Putin and Kim Jong Un discussed the possibility of sending a North Korean into space, Russian news agencies quoted Putin's spokesman as saying. President Putin and the North Korean leader held talks on Wednesday at a spaceport in Russia's far east. "We talked about the fact that if the...
  • Agthia okays H1’23 interim dividend

    The interim dividend reflects the firm’s robust balance sheet.
  • Five-member Israeli delegation makes first open visit to Saudi Arabia

    An Israeli delegation attended a UNESCO meeting in Riyadh, marking the country's first publicly announced visit to Saudi Arabia as speculation grows about a potential normalization of ties. The five-member delegation arrived, an Israeli official told AFP, for the meeting to update UNESCO's world heritage list of cultural and historic...
  • Libyan FM ‘suspended’ over talks with Israeli counterpart

    Prime Minister Abdulhamid Dbeibah said that Najla al-Mangoush, the foreign minister, has been temporarily suspended and will be subject to an administrative investigation by a commission chaired by the justice minister. The decision was made after the Israeli foreign minister announced that he had held talks with her last week...
  • Japan prepares to hold foreign ministers meet with GCC nations in Sept

    Tokyo, Japan -- Japan is preparing to hold a foreign ministers' meeting with the six member states of the Gulf Cooperation Council in Saudi Arabia in early September, a report said. Japan's Kyodo News said the meeting comes as Japan aims to strengthen relations with oil-producing countries in the Middle...
  • Hungarian companies want to expand work in Russia, says PM Orban

    BUDAPEST, HUNGARY – Hungarian Prime Minister Viktor Orban said that companies from his country plan to expand their activities in Russia despite sanctions and political difficulties. Orban made the statement at a meeting with the head of Russia’s Tatarstan region Rustam Minnikhanov in Budapest, TASS news agency reported. "It has...
  • Saudi economic support vital for progress in various sectors: Yemen PM

    Aden, Yemen--Yemeni Prime Minister Maeen Abdulmalik affirmed that the economic support Saudi Arabia provides to Yemen represents a vital factor for achieving progress in various service and development sectors. During a cabinet meeting today in Aden, Abdulmalik pointed out that the kingdom's economic support backs the efforts of the Yemeni...
  • GSA discusses cooperation with IIHF, ISU to boost winter sports in UAE

    Dubai, UAE-- The UAE's General Sports Authority (GSA) and the International Skating Union (ISU) and International Ice Hockey Federation (IIHF) have discussed opportunities for cooperation and partnership to boost winter sports, such as skating and ice hockey in the UAE. In this regard, Sheikh Suhail bin Butti Al Maktoum, Executive...
  • In favor of Iran joining BRICS, says South Africa

    TEHRAN, IRAN – Pretoria fully supports Tehran joining BRICS, South African President Cyril Ramaphosa said at a meeting with Iranian Foreign Minister Hossein Amir Abdollahian. "South Africa is interested in Iran being accepted as a friendly country by the BRICS," Ramaphosa said as quoted by Mehr News. The South African...
  • Sharjah Chamber and FDI Office discuss ways to promote real estate sector

    Sharjah, UAE--The Real Estates Sector Business Group has discussed with the Sharjah FDI Office (Invest in Sharjah) ways to promote lucrative real estate investment projects in Sharjah and invigorate the local real estate sector. The meeting looked into ways to benefit from the Sharjah FDI Office's expertise to promote real...
  • Saudi-hosted talks on Ukraine war end with resolve to continue efforts for peace

    Jeddah, Saudi Arabia-- More than 40 representatives of countries from around the world gathered in Jeddah, pledging to continue holding consultations that could pave the way for peace in Ukraine and end the deadly war. A meeting was held in Jeddah for national security advisors and representatives from over 40...
  • UAE and Egypt to boost cooperation in higher education, scientific research

    Cairo, Egypt-- The UAE and Egypt are looking to ramp up cooperation in the fields of higher education and scientific research. In this connection, Sheikh Dr. Ammar bin Nasser Al Mualla, attaché of education and technology sciences of the UAE in Egypt, discussed with Mohamed Ayman Ashour, Minister of Higher...