Saudi Arabia extends online services to help foreign firms set up regional hqrs in kingdom
Riyadh, Saudi Arabia - Saudi Arabia's Ministry of Commerce has announced the provision of online services for foreign companies looking...
Economy
Energy transition led Saudi Arabia to halt oil expansion, says official
RIYADH, SAUDI ARABIA – The Kingdom's surprise decision to halt a planned expansion of its oil production capacity reflects ambitions to...
Business
Dubai to lower, waive off fees on govt services to boost growth
In order to give a fillip to economic activity in Dubai, its government will lower and in some cases completely...
Key to growth seizing $3trn tech opportunities: Saudi minister
Al-Ibrahim says Saudi Centre for the Fourth Industrial Revolution will lead the country’s endeavors in providing solutions to global challenges.
Saudi Arabia to reopen to vaccinated tourists from Aug 1
The move comes after a 17-month closure due to the coronavirus pandemic. However, Riyadh did not announce any lifting of...
Kuwait records realty deals worth $1.3 billion in June
Al Ahmadi Governorate accounted for 67.7 percent of the 1,271 deals, followed by Hawalli and Jahra governorates.
- Al Ahmadi Governorate accounted for 67.7 percent of the 1,271 deals followed by Hawalli.
- The value of real estate transactions in June 2020 was only KD77 million.
Fully-vaccinated Saudi citizens can fly abroad from Aug 9
Also eligible for travel are citizens who recovered from virus six months ago and those who were infected six months...
- Also eligible for travel are citizens who recovered from virus six months ago and those who were infected six months earlier and vaccinated with single dose
- Passengers below age of 12 need to present an insurance document approved by the Saudi Central Bank
From grey to green: world cities uprooting the urban jungle
The reforestation is part of an $11-billion green initiative that also includes creating 3,000 parks in the Saudi capital.
Muscat plans light rail metro network
The network, which will link the cities of Ruwi and Muttrah to the airport and Seeb, is part of the...
India, UAE agree on extending energy relations
India's new Minister for Petroleum and Natural Gas, Hardeep Singh Puri, makes courtesy calls to his counterparts in major oil...
Sharjah survey to measure sector-wise growth in emirate
Department of Statistics and Community Development said the impact of government policies on the economy is reflected in the survey...
Saudi tourism fund adopts cloud computing to help investors
Tourism Development Fund, which was set up in June, says use of Oracle Cloud applications will enhance data integration, increase...
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Saudi Arabia extends online services to help foreign firms set up regional hqrs in kingdom
Riyadh, Saudi Arabia - Saudi Arabia's Ministry of Commerce has announced the provision of online services for foreign companies looking...
Economy
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38 million passengers used services of SRTA in 2022, say reports
SHARJAH, UAE - The Sharjah Roads and Transport Authority (SRTA) said it transported about 38 million passengers, throughout the year...
Business
ZATCA sets criteria for target firms to apply phase II of e-invoicing
RIYADH, SAUDI ARABIA - The Zakat, Tax and Customs Authority (ZATCA) has set the criterion for selecting target establishments in...
Economy
Qatar Industrial Production index up 2.8 percent in April
DOHA, QATAR- The Industrial Production index (IPI) of Qatar for April 2023 reached 106.4 points which is an increase of...
Economy
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Economy
Iraq-UK economic ties strengthen on back of uptick in trade
London, UK--Volume of trade exchanges between the UK and Iraq has exceeded one billion dollars and imports and exports between...
- The Iraqi-British trade exchange saw huge growth, with the commerce volume crossing one billion sterling pounds, and British exports to Iraq surging by 40 percent
- The cooperation between Iraqi and British universities has grown in recent years even as the UK has made investments in the social sector and education in Iraq
Business
More than dozen private joint-stock companies list in UAE in 2022
Abu Dhabi, UAE-- The number of private joint-stock companies which listed in the UAE's capital markets during 2022 went up...
- According to SCA, twelve companies listed on the Abu Dhabi Securities Exchange and one company listed on the Dubai Financial Market
- The listing of private joint-stock companies enable them to access a large capital base, besides opening the way to raise a company's brand value
Business
In spite of US sanctions, Iran’s crude oil exports break five-year record
Tehran, Iran-- In spite of the US sanctions against the Islamic Republic, Iran has seen a huge surge in the...
- China, the world's major importer of energy, has received a big chunk of Iran's crude oil, apart from Germany, Spain and Bulgaria
- According to the report, the Iranian crude oil shipments have nearly doubled since last autumn to touch 1.6 million barrels a day