• Wealthy Qataris to spend more on real-estate deals this year: survey

    Doha, Qatar-- Rich Qataris are pouring millions of dollars into the country's luxury real-estate market, with residential sector and office sector being their main investment target. The conclusion was drawn in a report "Destination Qatar" prepared by leading global property consultancy, Knight Frank. With Qatar boasting the fourth highest GDP...

  • Ukraine welcomes Russian oil price cap agreed by EU, G7

    Ukraine welcomed a US$60 price cap on Russian oil agreed by the EU, G7 and Australia, saying it would "destroy" Russia's economy. The price cap, previously negotiated on a political level between the G7 group and the European Union, will come into effect with an EU embargo on Russian crude...

  • Climate damages are key flashpoint as UN COP talks go overtime

    Sharm el Sheikh, Egypt—Climate negotiators were grappling for an agreement Saturday at the UN COP27 in Egypt after high stakes talks went deep into the night with key sticking points over funding for countries wracked by climate disasters and ambition in tackling global warming. The meeting at the Red Sea resort of...

  • UN chief warns pandemic not over, decries vaccine inequality

    The pandemic’s most tragic toll has been on the health and lives of millions, with more than 446 million cases worldwide, more than six million deaths confirmed, and countless more grappling with worsening mental health, said UN chief Antonio Guterres.