Pointing to the still paltry share of renewable energy in global supply, the head of Saudi Aramco described the current...
Hong Kong, China - Asian markets mostly rose Monday following US gains and ahead of a Chinese legislative session where Beijing's...
The UAE received 41 percent share of the entire foreign direct investment projects all Arab countries attracted between 2003 and...The UAE received 41 percent share of the entire foreign direct investment projects all Arab countries attracted between 2003 and 2021
As per the Arab Investment Export Credit Guarantee Corporation Arab countries received a total capex of US$1.3trn over the last 19 years
EIG will supply gas to Q Properties' Reem Hills project.EIG will provide the Q Properties with services like feasibility, commercial, technical, conceptual designs and engineering.
EIG will also support the project during engineering phases for gas-related work on the Reem Hills luxury development.
Jordan has the highest transition rates to renewable energy sources and electric vehicles, says the Secretary-General of the Arab Renewable...Jordan has the highest transition rates to renewable energy sources and electric vehicles, says the Secretary-General of the Arab Renewable Energy Commission
The Secretary-General called upon Arab nations to develop their own renewable energy industries rather than importing foreign technology
Saudi Arabia's Minister of Finance Mohammed bin Abdullah Al-Jadaan said energy security is very important for the economic growth and...Saudi Arabia's finance minister says energy security is important for the economic growth and prosperity of the world
The finance minister says energy supplies, economic development and climate change vital aspects of the world
The UAE government has announced it will issue a dual-tranche US dollar benchmark size bonds with a 10-year tranche and...The bonds are a 10-year tranche and a 30-year Formosa tranche.
The 10-year tranche will be listed on London Stock Exchange and Nasdaq Dubai, and the 30-year tranche will be listed on LSE, Taipei Exchange and Nasdaq Dubai.
Listed public joint stock companies have approved AED 34.4 billion ($9.36 billion) cash dividends for 2021, according to the Securities...While AED34 billion earnings were distributed in cash, AED396 million were in form of stock dividends.
Banks are the largest distributors of profits, AED15.79 billion, followed by the telecommunications (AED11.7 billion) and the realty sectors (AED1.85 billion).
The firm got top rating with a stable outlook from Moody's.Saudi Re said that the ratings confirm its strong brand and market position in Saudi Arabia as the sole Saudi professional reinsurer
Saudi Re has initiated the process of increasing its capital by up to SAR 445.5 million ($119 million) to strengthen its capital base
- The Gulf Cooperation Council (GCC) and the UK began negotiations in Riyadh to boost trade, which stands at $34 billion.
GCC Secretary-General Nayef Falah M. Al-Hajjraf met UK Trade Secretary Anne-Marie Trevelyan to launch the trade talks
The UK is the third-largest export market for the GCC, and the new trade negotiations are expected to benefit exporters from both jurisdictions
The deal will foster industrial cooperation between the two.Both the parties have agreed to cooperate in developing a framework for advancing the industrial and technology sectors in line with the directives of the UAE’s leadership
Some of the projects currently being explored include Non-Recyclable Plastics to Liquid and Secondary Lead Smelter & Refinery through Recycling of Used Lead Acid Batteries
Oil prices fell Wednesday on worries over weakening demand in the slowing global economy as Federal Reserve Chief Jerome Powell...The S&P 500 finished just 0.1 percent lower, meaning it maintained most of the gains from Tuesday's heady session
Oil prices were feeling the heat from recessionary fears, with both main contracts tanking more than six percent at one point
