- Washington, United States-- The World Bank and International Monetary Fund's spring meetings get underway later this week with an ambitious reform...
The IMF estimates globlal growth to drop below three percent this year, and to remain at close to three percent for the five years
Although Asia's emerging markets might witness a big rise in economic output, nearly 90 percent of world's large economies will see slow growth this year
- Dubai, UAE--Dubai Customs has discussed with the Global Innovation Institute (GInI) how they can further enhance their customs services and...
Dr. Hussam Jumaa said Dubai Customs' strove to achieve the best results in creativity and innovation, stating that innovation has become a solid corporate culture for them
By obtaining the Innovative Organization certification, Dubai Customs has become the first customs institution in the UAE and the Middle East to obtain the recognition
- Dubai, UAE – Saudi Arabia has achieved 60 percent self-sufficiency in the production of mangoes in the kingdom, producing more...
The kingdom produced more than 88000 tons of mangoes on more than 6880 hectares of land, the Ministry of Environment, Water and Agriculture said.
More than 20 varieties of mango are produced during the growing season from April to August, which include Tommy Atkins, Kate, Kent, Alphonso.
- MUSCAT, OMAN - Oman Ministry of Commerce, Industry and Investment Promotion on Sunday issued an order to regulate the activities...
The order aims at promoting Omani products, establishing new supply chains, supporting national industries.
The ministry pointed out that consumer cooperatives operate under a legal framework to sell goods.
- Ras Al Khaimah, UAE--Ras Al Khaimah Economic Zone (RAKEZ) brought in 1,839 new companies in the first quarter of 2023,...
RAKEZ CEO said the reason companies choose the zone was because of its innovative business solutions and aiding enterprises of diverse types
The economic zone also posted high growth in sectors like services, e-commerce, and media companies, highlighting its diverse business landscape
- Creating an environment conducive to growth for women is no longer a nice-to-have but simply good business sense, says Sahar...
Sahar Haidar, Director of Global Operations at Amana, highlights the competence of women leaders in male-dominated fields.
Haidar emphasizes the importance of mentorship and creating supportive environments for women in the workforce.
- Dubai, UAE -- The Saudi Fund for Development (SFD) has signed a US$240 million loan agreement to support Pakistan's Mohmand...
The project is co-financed by the Saudi Fund for Development, OPEC, Islamic Development Bank, and the Kuwait Fund for Arab Economic Development.
By using renewable energy sources, the project will generate 800 MW of electricity production capacity.
- Dubai, UAE – A plot of land that sold for AED456.25 million ($124.23 million) in Business Bay was the most...
The Dubai Land Department said in its weekly report that 222 plots were sold for AED1.8 billion and 2,086 apartments and villas were sold for AED4.56 billion.
Al Hebiah Fifth recorded the most transactions for this week with 93 sales transactions worth AED246.61 million.
- US job gains eased in March for a second straight month, government data showed, adding to signs that the economy...
The figures could bring some relief to policymakers who have been battling to rein in stubborn inflation.
To ease demand, the Federal Reserve has lifted the benchmark lending rate nine times since early last year.





















