SHARJAH, UAE - The Financial, Economic and Industrial Affairs Committee of Sharjah Consultative Council (SCC) held a meeting to discuss...
ABU DHABI, UAE - Saudi Arabia’s holdings of US Treasuries reached US$131.9 billion in December 2023, up $3.8 billion month-on-month,...
The Saudi Central Bank (SAMA) has issued controls the banks need to consider while issuing banking documents, Saudi media reports...The controls oblige banks to provide e-verification services of banking documents issued electronically or on paper.
These controls included the minimum limit of banking documents necessary for being electronically issued.
The Saudi Arabian oil company Aramco, the world’s largest integrated energy and chemicals company, is expanding its global downstream presence...The investments will widen Aramco’s presence in the European downstream sector and further expand its crude imports into Poland
Another MoU was signed by Aramco and PKN Orlen which focuses on exploring potential opportunities for research and development
Qatar Tourism has invited residential property owners to invest in hospitality while generating extra income from their unused units by...Qatar Tourism has introduced a helpline and a simplified process to get licenses issued within a week
Property owners renting to vacationers without licenses would be jailed for two years or/and fined QAR200,000
The meeting was held via video conference technology, with spread of the Omicron variant of Covid-19 having stopped almost all...Qatar Chamber Chairman Sheikh Khalifa bin Jassim Al-Thani presided over the meeting
It reportedly discussed the estimated budget of the federation for the current year
The business environment in the region will experience a transformation that will have a far-reaching impact on economic trends and...The GCC’s non-oil sectors will continue to dominate the economy, creating future opportunities
The region’s economy may benefit greatly from ecommerce, logistics, and delivery services
The coronavirus pandemic has helped shrink the distance between virtual and real by pushing many designers to create in three...The clamor over virtual goods comes amid feverish predictions that the metaverse will eventually replace the web of today
A growing number of brands have been trying to establish a presence on buzzed-about platforms, anticipating a major tech and societal shift
India’s Minister of Commerce and Industry, Piyush Goyal, on Wednesday told the heads of top business and industry associations in...Piyush Goyal urged industry leaders to be proactive in giving inputs to the government on matters like FTA negotiations
He expressed confidence of growth in services exports, in spite of travel and tourism restrictions caused by the pandemic
- The meeting was hosted at the UAE Ministry of Finance’s headquarters in Abu Dhabi.
The Minister of State for Financial Affairs Mohamed Hadi Al Hussaini met on Tuesday with Johannes Hahn, European Commissioner for Budget and Administration
This discussion is a part of the UAE’s Finance Ministry efforts to strengthen its relations with various countries and regional and international financial institutions.
- The festival is organized by the Cultural Program and Heritage Festivals Committee, and will run till January 22.
The festival features 313 camel runs and this new edition of the event includes the launch of the Bairaq Al Emarat Award for Asayel and Majahim camel breeds
Coinciding with the UAE’ Golden Jubilee Celebrations, the Festival's activities now run from 28th October, 2021, to 22nd January, 2022
The World Bank’s Global Economic Prospect reported on Tuesday that Morocco’s GDP is expected to grow by 3.2 percent in...Output in 2023 is projected to remain about 5 percent smaller than expected before the pandemic, the World Bank notes.
The agricultural output returns to historical averages after the extraordinary performance of the primary sector in 2021, a WB report said.
