The Annual Meeting on Cybersecurity, held jointly with the Global Future Councils, focused on strengthening global cooperation to enhance digital...
China said on Tuesday it was ready to "fight to the end" in a trade war with the United States...
Dubai, UAE--The IMF announced Friday that it will revise its economic outlook for the Middle East and North Africa region...The IMF staff wrote in a blog post that Israel-Hamas conflict will have wide-ranging consequences for "both people and economies" in the region
The IMF officials said countries like Lebanon that are heavily dependent on tourism saw hotel occupancy rates drop by 45 percentage points in October compared to a year ago
The firms have jointly launched a climate investment platform.The platform will make investments in businesses where they have matured past many of the risks that face earlier stage ventures.
They must manage and minimize the execution risks associated with expansion in middle-market investments.
ABU DHABI, UAE - CEO and Co-Founder of Astra Tech Abdallah Abu-Sheikh said that the company will launch its first...The CEO said that Astra Tech plans to enter new financial sectors and make acquisitions in South Asia, including India.
He said that the company is looking to expand into Saudi Arabia to enhance its services in this vital market.
Abu Dhabi, UAE - The UAE and Philippines signed an agreement to create a framework for investment in the digital...As physical facilities that organizations use to store critical data and run applications, data centers are vital parts of the digital economy infrastructure
Recognized as one of the emerging data center markets worldwide, the Philippines offers a robust, rapidly growing ecosystem in this sector
“COP28 is attracting significant interest from various participating countries and will serve as an important forum for climate enthusiasts. This...Palau President commends the UAE's leadership in renewable energy, especially solar, for global climate goals.
COP28 garners significant international interest as a pivotal event for climate change action and sustainability.
- In the heart of the GCC, a transformative shift towards 'Green Mobility' is underway, driven by a commitment to environmental...
In the heart of the GCC, a transformative shift towards 'Green Mobility' is underway, driven by a commitment to environmental sustainability and reducing carbon footprints.
This shift, led by nations like the UAE and companies like Aramex, is redefining the future of transportation, blending innovation, economic growth, and ecological stewardship.
SAN FRANCISCO, US - Microsoft, the tech titan that has invested billions of dollars in ChatGPT creator OpenAI, has been given...The nomination was shared in a memo to OpenAI staff that was later posted to the company's blog.
Microsoft will join former US Treasury Secretary and political power broker Larry Summers, who was added last week.
ABU DHABI, UAE - The Central Bank of the United Arab Emirates (CBUAE) hosted several events with Islamic finance infrastructure...Participants in the events included officials and experts from international organizations, financial institutions and Islamic financial bodies.
They aimed to support and advance sustainable Islamic finance while expanding the reach of sustainable finance globally.
Saudi Arabia will extend its voluntary cut of 1 million barrels per day. The latest Saudi cut is in addition...Russia meanwhile said on Thursday it would deepen its voluntary oil supply cut to 500,000 barrels per day (bpd) and extend it until the end of the first quarter of 2024.
Along with its OPEC+ oil partners, Russia has been holding back its oil output and exports in a bid to boost global prices.
Washington, United States - A key inflation measure used by the US Federal Reserve to set interest rates eased further last...The annual personal consumption expenditures (PCE) price index rose 3.0 percent in October, down 0.4 percentage points from a month earlier
On a monthly basis, PCE inflation was virtually flat in October, while core PCE rose by 0.2 percent from September, the Commerce Department said Thursday
