Social media platform X, formerly Twitter, will shutter its local operations in Brazil following a bitter legal tussle over the...
The next steps include official visits by FIFA and a comprehensive evaluation of the bid.
More than a year after it took power, Taliban has failed to curb opium poppy cultivation in the country as...According to the Vienna-based UNODC, the 2022 poppy crop was also "the most profitable in years"
The income made by farmers from opium sales more than tripled from $425 million in 2021 to $1.4 billion in 2022, the report said
- Riyadh, Saudi Arabia— Egypt's Sovereign Fund has accumulated assets worth $621-660 million as it seeks to double it by the...
The CEO of the fund said that the issued capital of the fund has been fully covered at $5 billion
The army-owned companies Safi and Wataniya would not be seeking stock exchange listings this year, according to the CEO
The UAE is China’s most important trade partner in the Arab world and responsible for 28 per cent of total...It re-exports more than 60 percent of Chinese exports to the region, where the value of trade exchange between the two countries has exceeded $70 billion.
Ali Obaid Al Dhaheri, UAE Ambassador to China, said early this month that UAE and China ties were a "successful model" for international bilateral relations.
The war raging in Ukraine and other overlapping crises are taking a toll on labor markets worldwide, the UN said,...In a fresh report, the International Labor Organization cautioned that the outlook for global labor markets has deteriorated in recent months.
It also warned that excessive policy tightening could cause "undue damage to jobs and incomes in both advanced and developing countries."
- Saudi government policies like 15 percent VAT exemption on real estate deals and affordable housing programs are boosting residential real...
Rents and prices for residential real estate in Riyadh and other major cities such as Jeddah is growing, according to JLL.
The Saudi real estate market is expected to register a CAGR of more than 9.74 percent during 2022 - 2027, according to Mordor Intelligence.
Saudi Arabia and the United Arab Emirates said the world needs to keep investing in oil production, just days before...Sultan Al Jaber, the head of UAE oil giant ADNOC, warned that under-investment could cause a shock to the world economy
Saudi Arabia's Energy Minister Prince Abdulaziz bin Salman said the Gulf countries were both increasing production capacity.
ABU DHABI, UAE - President Sheikh Mohamed bin Zayed Al Nahyan Monday received President of the Kyrgyz Republic Sadyr Japarov,...UAE and Kyrgyzstan affirmed their common interest in enhancing bilateral relations.
The meeting explored various opportunities of the UAE- Kyrgyz friendship and affirmed to further cooperation in economy, trade.
DUBAI, UAE - MD and CEO of Dubai Electricity and Water Authority Saeed Mohammed Al Tayer said DEWA had added...Mohammed bin Rashid Al Maktoum Solar Park will have a production capacity of 5,000 megawatts (MW) by 2030.
The fifth phase is currently underway, with a total capacity of 900MW and investments estimated at $560 million.
The bank’s profit for the nine-month period peaked at $719m.The hike in profit was driven by boost in total operating income, partially offset by an increase in total operating expenses by 20.18 percent.
The bank said the increase in total operating income was driven by higher net special commission income, exchange income, net as well as other operating income.
5G network will help Nedaa provide better services.With the introduction of 5G, Nedaa will be able to support enhanced services for public safety and management of vital operations.
The MoU sets a framework for upgrading the existing network capabilities and introducing agile and advanced services.
