AMMAN, JORDAN – Rising remittances from the Kingdom’s citizens working abroad has contributed to increasing demand for Jordanian dinar. Exchange...
Riyadh, Saudi Arabia - Saudi Arabia is considering transferring ownership of its national carrier, Saudia, to the sovereign wealth fund,...
The move marks a significant achievement for the GroupThe move marks a significant achievement in the Group’s transformation journey to a global technology and investment conglomerate
Metaverse technology is in the early incubation stages, given that it needs high-bandwidth and low-latency communications to work at scale
Vehicle owners have faced increasingly long waits to fill up after two weeks of strikes by workers demanding higher wages...It runs a network of around 3,500 filling stations in France, nearly a third of the total, and most of them are low on fuel or even empty for some types.
Currently three of Total's refineries are blocked, including its largest, in Normandy, as well as a fuel depot near Flandres in the north.
- Riyadh, Saudi Arabia - Remittances from expatriates in Saudi Arabia saw a 13 percent year-on-year (YoY) decline to SAR 11.92...
On a month-on-month (MoM) basis, remittances from expats in Saudi Arabia rose 3 percent, or SAR 323 million ($85.47m).
Remittances by Saudi nationals to other countries grew 10 percent YoY to SAR 6.33 billion ($1.68bn) in August.
Dubai, UAE--- Non-oil trade of Dubai Airport Free Zone (DAFZ), part of the Dubai Integrated Economic Zones Authority (DIEZ), rose...DAFZ contributed 10.7 percent to Dubai’s non-oil trade in 2021, exceeding expectations across all sectors.
Machinery, equipment, and appliances were the main contributor to DAFZ’s trade in 2021, making up 74.6 percent of exports.
Qatar plans to hike its imports of Jordanian food products during FIFA World Cup Qatar 2022 as demand is expected...Qatar relies heavily on Jordanian market for vegetables and fruits.
Volume of Jordan-Qatar trade during the past 10 years amounted to over US$3.17 billion.
- More than 15 countries and 670 companies in Asia have set (or are committed to setting) emission-reduction targets, thereby creating...
Around $3.1 trn will need to be spent per year on average on physical assets for energy and land-use systems from 2020 to 2050.
Vehicle electrification could contribute 10 to 15 percent of the abatement potential needed by 2050, lowering emissions by roughly six GtCO2e.
In a statement Sunday, Energean said that "following approval received from the Israeli Ministry of Energy to start certain testing...Israel has maintained that Karish falls entirely within its territory and is not a subject of negotiation with Lebanon.
Energean said the tests would take many weeks, and are "an important step" towards extracting gas from the Karish.
French Prime Minister Elisabeth Borne starts a visit to Algeria with a top-level delegation, pushing for better ties with the...Ties between the North African country and France had seen months of tensions after Macron last year questioned Algeria's existence as a nation before the French occupation.
The French PM is expected to sign deals on economic cooperation, including energy.
- Cairo, Egypt— Egypt has recorded a huge jump in arrival of tourists from many European countries and the US, as...
Tourists from Spain and France are leading an increase in visitors to Egypt from a number of European countries
Tourism toward Luxor and Aswan is predicted to be healthy from the second half of this month, with Japan, South Korea and India starting to operate flights to Luxor
- Logistics solutions will be developed for ADNEC events.
The agreement will focus on the development of integrated services including, shipping, transport and other logistics operations.
MICCO Logistics, which is part of AD Ports Group’s Logistics Cluster, claims a fleet of more than 400 vehicles and specialised storage facilities.
