Stockholm, Sweden - The Nobel economics prize wraps up the 2025 season when it is announced on Monday, as experts...
- The WTO raised its forecast for trade volume growth in 2025 to 2.4 percent -- up from 0.9 percent in...
Dubai, UAE--In order to reduce food loss and waste by 50 percent, the UAE has launched Ne’ma Food Loss and...The initiative was unveiled at the fourth national dialogue on Food Security organized by the Ministry of Climate Change and Environment with ne’ma
The minister said the roadmap will be a collective effort to bring down food waste by setting up new social norms, policies across the food ecosystem
War with Palestinians disrupts Israel's gas exports, causing economic losses and altering energy strategies.The accounting and consulting firm BDO Israel estimated the economic losses of the closure of the Tamar field at about US$ 201 million a month
The gas field supplied 8.7 billion cubic meters of gas to the Israeli market in 2022 while exporting another 1.57 billion cubic meters to Egypt and Jordan
DUBAI, UAE - Fitch Ratings has affirmed the critical role that COP28 will play in raising awareness of sustainability issues...Fitch Ratings has affirmed the critical role that COP28 will play in raising awareness of sustainability issues in the region.
Environmental, social and governance bonds in UAE constitute over 19 percent of the global ESG bond market.
DUBAI, UAE – Dubai Customs has experienced a robust 13 percent increase with 21.6 million transactions during the first nine...The upswing aligns with the targets of Dubai’s economic agenda D33, which seeks to double foreign trade.
By the end of the third quarter of 2023, Dubai Customs had processed approximately 18.8 million customs declarations.
NEW YORK, US - The US transition to electric cars has hit a speed bump, with concerns about vehicle range and...Automakers in recent weeks have pushed back EV sales targets and delayed capital projects as they seek to reduce inventories of unsold EVs at dealerships.
The network of EV charging stations in the US remains dodgy, with many areas either lacking infrastructure or equipped with unreliable machines
Dubai, UAE-- With its financing packages for the renewables sector to support the transition to clean and sustainable energy sources,...EDB CEO Ahmed Mohamed Al Naqbi said the bank through its financing can help businesses switch to solar-power to reduce emissions
The bank can offer up to 100% financing with a maximum tenure of 15 years and a two-year grace period for investments in renewable energy
Manama, Bahrain-- Bahrain and Thailand have held discussions to enhance economic cooperation in a meeting between top officials of the...The two officials took a review of the progress made in the political and economic cooperation between the two kingdoms
They underscored the resolve of the two countries to consolidate security and peace, and also support sustainable development goals
A report by S&P Global Ratings forecasts improved fiscal positions due to higher oil prices, fiscal consolidation and a robust...The report projects a nearly $11 billion deficit on average over 2023-2026 which is 0.5 percent of average GCC GDP over this period
Prudent fiscal policy and the relatively higher oil price environment have resulted in some governments repaying part of their debt stock
- KHAN YUNIS, PALESTINIAN TERRITORIES - One of the last grain warehouses in the Gaza Strip has been damaged by Israeli strikes...
Of the five flour mills in the densely populated Palestinian territory, at least two have been hit since the war began on October 7.
Humanitarian aid arriving via Egypt has done little to remedy the shortages, made worse by power cuts and a lack of fuel for generators.
Pausing of rate hikes by global central banks amid fluctuating inflation rates influences global markets, with specific impacts in the...Pausing of rate hikes by global central banks amid fluctuating inflation rates influences global markets, with specific impacts in the MENA region, says a new report.
The latest Kamco report offers an insightful analysis of economic trends in key Gulf countries, shedding light on their unique inflationary challenges and strategies.
