Qatar-Turkey business forum sparks new joint ventures
Emphasizing the importance of holding meetings and mutual visits, Sheikh Khalifa bin Jassim bin Mohamed Al-Thani notes this would bolster...
Economy
Moody’s downgrades Israel’s credit rating due to Hamas conflict
Fitch -- which is the last of the big three US ratings agencies -- placed Israel on negative watch over...
IMF’s Mideast chief calls for reform program in Lebanon
He pleaded with the international community to help in the effort The IMF’s dialogue with the Mediterranean country has been...
Iran mired in economic pain as presidential vote nears
Iran's 83 million people are suffering as jobs are scarce, prices are rising Economic crisis brought on by crippling sanctions...
US, UAE hold economic policy dialogue, resolve to expand engagement
The UAE maintains its position as the US' largest trading partner in the MENA region for the 12th year in...
Global trade poised for strong 2021 rebound
Global trade defied expectations to collapse by 13 to 32% last year 2021 rebound will be dependent on vaccine programmes,...
Dubai to cut administrative hurdles for businesses by 30%
The emirate to reduce government-related procedures within 3 months to lower the cost of doing business The private sector to...
Saudi Arabia tops startup investment sector in May
Saudi Arabia dominates startup investment sector during May In all nearly $110 million was raised across 35 deals over...
Coursera report ranks UAE 2nd globally for business skills
UAE government initiatives for promoting skills-based economy have a positive impact on the economy More women enroll for Science, Technology,...
Saudi’s PIF creates ME, NA investments division, 2 deputy governor roles
The Public Investment Fund (PIF), led by Governor Yasir al-Rumayyan, is at the heart of Saudi Arabia's plans to transform...
Air Cargo up 12% in April compared to pre-COVID levels
Middle Eastern carriers post a 15.3% rise in international cargo volumes in April 2021 versus April 2019 African airlines'...
Dubai FDI presents the Dubai advantage to investors across 6 countries
Dubai FDI sought investment from China, India, Australia, Spain, Italy and the US through webinars Investors invested to explore opportunities...
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Qatar-Turkey business forum sparks new joint ventures
Emphasizing the importance of holding meetings and mutual visits, Sheikh Khalifa bin Jassim bin Mohamed Al-Thani notes this would bolster...
Economy
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Accenture to cut 19,000 jobs
Business
Stock markets rise globally on cooling US inflation
Stock markets jumped after data showed US inflation slowed further in May, raising hopes the Federal Reserve will pause its...
Business
HUB71 reveals winners of The Outliers Program to address industry challenges
ABU DHABI, UAE - Hub71, Abu Dhabi's global tech ecosystem, on Tuesday announced the winners of The Outliers Program, which...
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Economy
UN working to renew Ukraine grain export deal
That crucial accord granting safe passage for Ukrainian grain to be exported via Black Sea ports despite Moscow's invasion was...
- Grain deal helped alleviate food shortages triggered by the Russian invasion of Ukraine, a major grain exporter, and its blockade of Ukrainian ports
- The resumption of Russia's ammonia exports through the pipeline is one of Moscow's conditions to continue with the grain export deal
Economy
UAE’s MoHRE extends deadline for companies to meet Emiratisation targets
Dubai, UAE-- The UAE'S Ministry of Human Resources and Emiratisation (MoHRE) has extended the deadline for private sector to hire...
- The ministry said the decision to give companies more time to reach their targets to hire Emiratis was taken by taking into account the Eid holidays
- MoHRE has warned companies in the private sector that non-compliance with the decision will invite a fine of AED42,000 for each Emirati not employed
Economy
10th Arab-China Business Conference ends with Riyadh Declaration
Riyadh, Saudi Arabia -- The 10th edition of the Arab-China Business Conference successfully concluded on Monday with the announcement of...
- The first day of the conference featured the signing of US$10 billion worth of investment agreements, spanning more than 30 deals across an array of sectors
- The conference featured 9 panels, 18 workshops, and several private meetings and hosted 150 speakers to explore, discuss Arab-Chinese economic cooperation