Mediators from Qatar, Egypt and the United States have been waiting for Hamas to respond to a proposal that, according...
The S&P 500 dropped for a fourth consecutive session on Wednesday, as Nvidia and other struggling technology names put downward...
Riyadh, Saudi Arabia - Saudi bank loans granted to public and private sectors grew 15 percent by the end of...Private-sector lending also increased by 15 percent year-on-year to SAR 2.241 trillion ($600 billion).
Loans granted to public non-financial institutions increased 26 percent YoY to SAR 117.1 billion ($31.14 billion).
Abu Dhabi, UAE - The non-oil trade between the UAE and China increased by 78.5 percent from 2012 to 2021,...The trade increased by 78.5 percent from 2012 to 2021 to $60.85 billion by the end of 2021 compared to $34 billion in 2012.
FCSC also showed that the non-oil trade exchange between the two in the first half of 2022 totaled AED118.4 billion $32.24 billion.
The Sharjah Chamber of Commerce and Industry (SCCI) has organized a forum to discuss ways to boost economic ties and...The forum witnessed bilateral meetings between business owners from Sharjah and Russia.
The chamber briefed the Russian trade mission on Sharjah’s business advantages and facilities.
Riyadh, Saudi Arabia---Saudi Ports Authority (Mawani) and the Saudi Information Exchange Company (Tabadul) signed an MoU to develop new port...The MoU aims to achieve the expansion of services provided in Saudi ports and doubling their number from 46 to 150 besides.
It also aims at enabling modern and emerging technologies in accordance with international best practices.
- As the countdown to the start of the World Cug gets underway, Qatar has accelerated efforts to ready luxury hotels...
The wealthiest will pay thousands of dollars a night for rooms with marble wine cellars and a lobby with one of the world's biggest chandeliers
Some Qatari landlords are trying to cash in on the World Cup, demanding $4,000-plus a night for Doha apartments
RWE is one of Germany's main energy providers, with production historically linked to coal, which placed it among the country's...RWE said the transaction almost doubles the company's renewables portfolio in the United States and, once completed, will make it the number 4 renewable energy company
Con Edison's clean energy division is a leading operator and developer of renewable energy plants in the United State with about three gigawatts (GW) of operating capacity
- GCC markets had a mixed week as Saudi stocks powered by the banking and commodities retail sectors posted gains, while...
The banking and commodities retail sectors, Saudi equities finished the week's trading higher, increasing the general index by 2.11 percent and adding 235 points
The UAE equities on DFM declined by two percent, and the Abu Dhabi index dropped by 0.7 percent
The kingdom will need an investment of $35.6bn for nearly 20,000 new hospital beds by 2030, according to Colliers. High...The cost of land in Riyadh has almost doubled in the last two to three years, according to Mansoor Ahmed, Colliers Executive Director Middle East & Africa.
REIT funds in the kingdom can unlock around $59 - $63.4 billion property value, playing a key role in growth in the healthcare sector.
- The Nord Stream 2 pipeline is no longer leaking under the Baltic Sea because an equilibrium has been reached between...
While the pipelines are not currently in operation, they both still contained gas before they fell victim to apparent sabotage, producing four leaks.
All the leaks are in the Baltic Sea off the Danish island of Bornholm.
SOFIA, BULGARIA - Russia's Gazprom has suspended gas deliveries to Italy's Eni, blaming a transport problem in Austria, the Italian...Most of Russian gas delivered to Italy passes via Ukraine through Trans Austria Gas Pipeline (TAG), to Tarvisio in northern Italy
Before the war in Ukraine, Italy imported 95 percent of the gas it consumes -- about 45 percent of which came from Russia.
