China says will fight to ‘bitter end’ if US pushes trade war
Pressure from Trump could motivate Beijing to strengthen the kinds of support for the economy seen last year -- interest...
Economy
Asian stocks rise as Powell rate warning taken in stride
Equities rose in Asia on Wednesday as traders took in their stride a warning from Federal Reserve boss Jerome Powell...
Business
SEDD discusses cooperation with Matajer
SHARJAH, UAE - Sharjah Economic Development Department (SEDD) received a delegation from Matajer - one of the most important commercial...
- SEDD contributes to planning and leading the economic development of the emirate.
- The department contributes to strengthen the partnership between government and private sector.
Economy
Passion for football catapults housebound Jordanian to stardom
Abu Nawas grew up spending much of his time watching football matches, analysing the teams and playing football video games.
- Abu Nawas's videos usually feature him wearing a football jersey, excitedly commenting on matches and news from the world of football
- He lamented that in Jordan "nobody cares" about people with diseases like his, and said he wished he had had the opportunity to attend school
Economy
Dams fulfill GCC’s water needs, boost economies
More dams are being built in the region to shield the residents against floods, offer a lifeline during drought and...
- More dams are being built in the region to shield the residents against floods, offer a lifeline during drought and work towards food sufficiency by enhancing agriculture output
- Seen as a major step towards green transition, dams in the Gulf countries are also helping in conserving water resources, feed or recharge the aquifers and natural springs
Economy
‘UAE is committed to achieving sustainability’
ABU DHABI, UAE - Ruler's Representative in Al Dhafra Region and Chairman of the Board of Directors of the Environment...
- Abu Dhabi attaches high priority to protect the environment and preserve natural resources.
- Sheikh Hamdan also highlighted the emirate and the EAD's journey in promoting sustainability and preserving the environment.
Geostrategy
Iraq is a key trade partner of Jordan, says Kingdom’s Commerce Chamber head
AMMAN, JORDAN - Chairman of the Jordan Chamber of Commerce (JCC), Khalil Haj Tawfiq said Iraq is an "important" trade...
- Jordanian-Iraqi economic relations have witnessed development due to the joint trade agreements and projects signed between the two countries.
- There is a need to increase joint trade exchange and overcome obstacles to entry of the two countries' products and commodities in both the countries markets.
Geostrategy
UAE participates in G20’s sustainable finance working group meeting for 2023
ABU DHABI, UAE - The UAE recently participated in the first Sustainable Finance Working Group (SFWG) meeting within the G20...
- The meeting, held at Guwahati, India, sought to discuss and agree on the group’s main points for 2023 in line with the priorities of the Indian Presidency.
- G20 members, invited countries, sustainable finance working group country members, international organization like IMF also attended the meeting.
Economy
Downward slide in global food prices continues: FAO
Vegetable oil prices fell 2.9 percent, stemming from subdued global import demand for palm and soy oils and ample export...
- Vegetable oil prices fell 2.9 percent, stemming from subdued global import demand for palm and soy oils and ample export availabilities of sunflower seed and rapeseed oils
- The UN organization expects international trade in cereals in the 2022-23 period to decline by 1.7 percent from the previous year’s record level of 474 million tons
Economy
Investing in Israel faces growing risks, warns JP Morgan
The reforms would tighten political control over judicial appointments and limit the Supreme Court's ability to overrule government rulings or...
- The reforms would tighten political control over judicial appointments and limit the Supreme Court's ability to overrule government rulings
- Leading Israeli economists have warned that the proposed reforms will do "long-term harm" to the Israeli economy.
Business
Events keep hotel occupancy high in Saudi Arabia
Over the next decade, the Kingdom's tourism industry is projected to develop at an annual rate of 11 percent, making...
- Over the next decade, the Kingdom's tourism industry is projected to develop at an annual rate of 11 percent, making it the region's fastest-growing tourism market
- More hotels are being built at full speed, and extensive infrastructure works and upgrades are being carried out in the central business hubs of Riyadh, Jeddah, and other cities
Geostrategy
UAE, France foreign ministers discuss strategic partnership
ABU DHABI, UAE - UAE Minister of Foreign Affairs and International Cooperation Sheikh Abdullah bin Zayed Al Nahyan received French...
- The UAE and French ministers discussed bilateral relations and available opportunities for expanding cooperation between the two countries.
- The two sides stressed their keenness to continue consultations and coordination on issues of mutual concern.
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Revenue from Saudi cinema may exceed $1bn by 2030KSA, UAE play well as e-gaming trends across GCCExclusive: Middle East’s retail sector rides on AR and hybrid shopping to become $600bn digital economyTECOM Group profit soars 13%UAE startups eye Saudi Arabia for growth, expansionSaudi Arabia leads GCC AI healthcare raceDisparity remains as Saudis, Emiratis see wealth gains
China says will fight to ‘bitter end’ if US pushes trade war
Pressure from Trump could motivate Beijing to strengthen the kinds of support for the economy seen last year -- interest...
Economy
Company News
Latest News
COP28 last chance to keep 1.5C target alive: John Kerry
US climate envoy issued the warning after COP28 president Sultan Al Jaber proposed a draft deal that did not include...
COP28 UAE
PIF sets up agri and ecotourism firm Dan Company
RIYADH, SAUDI ARABIA - The Public Investment Fund (PIF) announced on Monday the establishment of Dan Company, specializing in agritourism...
Business
Russia, Saudi say sovereign Palestine state vital for regional peace
RIYADH, SAUDI ARABIA – Russia and Saudi Arabia expressed concern on the present situation in Gaza and said that a...
Geostrategy
Most Read
COP28 UAE
Global health crisis looms amid climate change: WEF
Global coalition and trillions of dollars are required to prevent escalating human deaths due to climate change, Dr. Shyam Bishen...
- Global coalition and trillions of dollars are required to prevent escalating human deaths due to climate change, Dr. Shyam Bishen of the World Economic Forum tells TRENDS.
- He emphasizes a strong link between climate change and human health, underscoring the critical role of private sector engagement in combating related health issues.
Business
UAE green bonds and sukuk issuances touch US$4.20bn
According to Mohamed Ali Al Shorafa, Chairman of the SCA Board, the issuance of green bonds and Sukuk is one...
- The chairman of the SCA board applauded the UAE for its commitment to sustainability
- He highlighted the SCA's decision to exempt companies wishing to list from registration fees
COP28 UAE
ITFC looks to ramp up green financing to 30% of its portfolio
Dubai, UAE-- The International Islamic Trade Finance Corporation (ITFC) is looking to ramp up its sustainable and green financing to...
- Sonbol anticipates a big boost in green financing within their portfolios and significant acceleration in this trend in the years to come
- He noted the significance of helping farmers with innovative financial solutions and new technologies so that food security can be ensured