Saudi Arabia to launch 35 renewable energy projects in 2024: Minister
Riyadh, Saudi Arabia -- Saudi Ministry of Industry and Mineral Resources is set to launch nearly 35 renewable energy projects...Business
OPEC sees oil demand growing over next two decades
The cartel's world oil outlook goes against the vision of the International Energy Agency, which warned in May that demand...Developing countries will fuel demand while it will begin to fall in wealthier nations from 2023, said OPEC.
The OPEC report comes as Brent crude oil prices jumped above $80 per barrel for the first time in almost three years.
Saudi Arabia digitizes 50m realty papers under National Transformation Program
Saudi Arabia has managed to digitize some 50 million real estate documents under the Real Estate Title Digitization Initiative. It...The central digitization labs work around the clock and are the largest of their kind in the MENA region
The digitization process goes through several steps: listing and collection of documents, entry and revision, transfer to digitization labs, sterilization and restoration
Meetings with Syria should translate into projects: Jordan PM
He said the projects should benefit the two countries and cement a historical brotherhood bonding them.A Syrian delegation in Jordan has held a series of meetings with its Jordanian counterparts over the course of two days
It reviewed the outcome of discussions with the Jordanian ministers in the areas of transport, intra-trade, water, agriculture and energy
Ukraine looks to bolster investment cooperation with GCC, especially Kuwait
Ukraine is looking to bolster investment cooperation with the Gulf Cooperation Council (GCC) countries, especially Kuwait.Ukrainian Deputy Foreign Minister Dmytro Kuleba said that the Ukrainian government has recently enacted many pieces of legislation targeting holistic economic reforms
The Ukrainian official hoped that Kuwaiti companies would join the execution of these strategically significant projects in Ukraine
Kuwait, China keen on institutional framework
The Consul General of Kuwait in Shanghai, Mishal Al-Shamali, during a meeting with Shanghai Deputy Mayor Zhong Ming, said that...The framework is needed to start implementing the agreements concluded between the two countries
This will help develop and strengthen bilateral ties between Kuwait and China in the upcoming years
Jordan to resume flights to Damascus, 10 years after Syrian civil war broke out
The Jordanian government has agreed to resume flights to the Syrian capital Damascus as of 3 October after a 10-year hiatus...The Ministry of Interior said, in a press statement today, that this decision comes to allow the activation of trade and tourism between the two countries
Travelers coming from Syria will be required to present a negative PCR test from accredited Syrian laboratories taken no more than 72 hours before their flight
Kuwait plans customs virtual corridor with Abu Dhabi
The customs departments of Kuwait and Abu Dhabi are planning to form a virtual corridor.The move is expected to bolster bilateral trade ties
A deal over the matter may be sealed shortly
Dubai’s trade with Saudi Arabia leaps up 26 percent to AED30.5bn in H1
Trade between Dubai and Saudi Arabia grew 26 percent to AED30.5 billion in the first half of 2021, making the...Overall, the non-oil foreign trade of Dubai grew 31 percent year-on-year in the first half 2021 to AED722.3 billion
China, however, remains the emirate’s biggest trading partner in the world in terms of value - increasing by 30.7 percent to AED86 billion in the six months to July
Jordan to fully reopen Syria crossing this week
The crossing was closed nearly two months ago due to fighting in Syria’s southern province of Daraa.The Jaber-Nasib crossing is Jordan’s main gateway for goods from Lebanon and Syria to the Arab Gulf countries
It is expected to operate at full capacity as of Wednesday, September 28
Oman to start gabbro mining in October
The quarry will start with a production capacity of 2.4 million tons of gabbro.Gabbro is a coarse-grained igneous rock that is used, among other things, to make kitchen countertops
Sometimes, gabbro deposits may also contain chromium, nickel, cobalt, gold, silver, platinum, and copper sulfides
