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...
Economy
Easing of restrictions triggers strong rebound in Middle East economies: ICAEW
ICAEW-commissioned report finds business confidence in the region has strengthened Higher oil revenues give Middle East governments more scope...
Delta variant of Covid found in Kuwait, authorities warn citizens to take precautions
Kuwait says that many people in the country have contracted the Indian variant The country's health department is conducting...
PricewaterhouseCoopers Middle East commits to creating 6000 jobs in 5 years
Creating an ESG Centre of Excellence in the region part of 'The New Equation' strategy Firm announces its commitment...
Hub71 launches new program with New York Firm Modus Capital to build, invest in startups
The program is expected to enable early-stage founders from around the world to develop successful and scalable startups from...
HSBC and Morgan Stanley believe Dubai property market will boom for years
HSBC and Morgan Stanley feel growth will be driven by strong demand for larger homes The rally, both feel,...
G7 leaders pledge 1b Covid vaccine doses to poor countries
Delivery of at least half of the doses pledged expected by the end of 2021 G7 countries will...
Emirates Group Security, India’s GMR Aviation Academy to foster aviation training
EGS has signed an MoU with India-based GMR Aviation Academy for aviation education The MoU will reportedly help EGS...
Improve employee wellbeing to advance your bottom line: Gallup
Higher life evaluations, wellbeing are positively associated with productivity, innovation, and safety 84 percent of MENA employees are not...
Pandemic delivers major blow to well-being in MENA
Unemployment, negative emotions rose in MENA region during COVID-19 Employees in the region have reported the world's highest rates...
Saudi-Chinese Business Council prepares a study to attract Chinese investments to Saudi Arabia
The Saudi-Chinese Business Council has showed the Chinese side Saudi Arabia’s plan to attract more Chinese investments into...
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Revenue from Saudi cinema may exceed $1bn by 2030KSA, UAE play well as e-gaming trends across GCCExclusive: Middle East’s retail sector rides on AR and hybrid shopping to become $600bn digital economyTECOM Group profit soars 13%UAE startups eye Saudi Arabia for growth, expansionSaudi Arabia leads GCC AI healthcare raceDisparity remains as Saudis, Emiratis see wealth gains
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Kuwait Fund and Central American Bank sign MoU
Marrakesh, Morocco-- Kuwait Fund for Arab Economic Development (KFAED) and the Central American Bank for Economic Integration (CABEI) have signed...
Business
UAE economy robust, bolstered by tourism and real estate: OPEC
Vienna, Austria--The UAE’s economy remains robust, with constant contributions from the non-oil sector, especially from tourism, leisure, and real estate,...
Economy
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...
Economy
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Business
Edge signs deal with Saha Istanbul
It will deepen cooperation between the UAE and Turkey.
- The event being held at the Ankara Congress Centre will also facilitate several introductory and exploratory meetings between Edge and Turkish companies
- Chairman of Edge said that the alliance with Saha Istanbul and its member firms will enable Edge to tap into Turkey's rich ecosystem and robust supply chain
Economy
Activists term IMF, World Bank ‘worst scam of the century’
Activists from developing nations belonging to a group called People's Alternative Global Tribunal organized themselves in the Moroccan city as...
- They blamed both the institutions for pursuing an economic model that favours political and financial elites
- The International Monetary Fund and World Bank are holding their first annual meeting in Africa in half a century
Economy
UAE and US aim to speed up cooperation in clean energy, technology
Abu Dhabi, UAE-- The UAE and US have reviewed ways to accelerate cooperation in priority sectors such as clean energy,...
- The talks between the two countries coincide with a jump in non-oil trade between the two nations, which reached US$21.63 billion in the first half of 2023, a 37% rise
- Al Zeyoudi emphasized that the US, apart from being a UAE trade partner, remains a key ally in advancing socioeconomic progress through global economic cooperation