The WTO raised its forecast for trade volume growth in 2025 to 2.4 percent -- up from 0.9 percent in...
- Turin, Italy - Artificial intelligence technology is in an "industrial bubble," Amazon founder Jeff Bezos told a tech conference in...
Dubai, UAE – Dubai government on Thursday approved several initiatives to stimulate the industrial sector in the emirate besides announcing...The initiatives to boost industrial sector is in line with the goals of the Dubai Economic Agenda D33 and aims to increase manufacturing value added (MAV) by 15.79 billion
The Executive Council has extended its single-use bags reduction policy to encompass more plastic materials as part of the phasing out of single-use plastics by 2026
- Middle East tensions likely to spur a mild global recession, with oil potentially hitting $120-$150 per barrel, says a latest...
Middle East tensions likely to spur a mild global recession, with oil potentially hitting $120-$150 per barrel, says a latest report by Oxford Economics.
The report predicts a quick rebound in equity markets post-conflict dip, while urging policymakers to ready economic safeguards and call for peace.
The operating income of the group rose to US$234 million.Al Ansari received shareholders’ approval for the proposed interim dividend payment of $81 million.
The second payment of the dividend of an equivalent amount will be disbursed in April 2024.
RIYADH, SAUDI ARABIA – The Kingdom of Saudi Arabia’s Industrial Production Index (IPI) fell by 11.2 percent year-on-year (YoY) in...The IPI measures the relative change and reflects the production quantities of materials and goods.
Data issued by the General Authority for Statistics showed that Saudi IPI fell to 122.99 points in September.
The final orderbook of the green sukuk closed at $2.6 billion.The issuance was met with exceptional demand, attracting interest from over 100 global and regional investors.
ADIB intends to allocate an amount equal to the net proceeds of this issuance to fund eligible green projects.
sraeli Prime Minister Benjamin Netanyahu has said there will be no fuel delivered to Gaza and no ceasefire with Hamas...Thursday's aid conference has been put together in a hurry on the sidelines of the annual Paris Peace Forum on November 10-11
Few Arab nations are expected to send delegates, although the Palestinian Authority will send its prime minister and Egypt a ministerial delegation
Tashkent will host the Iranian and Turkish presidents, as well as Pakistani Prime Minister Anwaar-ul-Haq Kakar and Central Asian leaders....The talks in Tashkent summit are expected to focus on trade, humanitarian cooperation and transport
Turkish president Recep Tayyip Erdogan is likely to bring the Gaza issue to the table
Global firms looking to hire space for offices and demand from govt, local dwellers have turbocharged the sector, driving property...Demand for office space in Abu Dhabi was primarily fueled by government and semi-government institutions, which remain the city's primary tenants
To cope with the high demand, Dubai will supply the market with an extra 72,000 square meters of office space by the end of the fourth quarter
- Brent crude, the main international contract, briefly dropped more than 2 percent to hit $79.80, before bouncing back above $80...
Crude had already plunged about four percent the previous day on news that China's exports fell at a faster pace than predicted in October.
The drop in oil prices provided some support to stocks, but they still struggled. After opening with modest gains, Wall Street's main indices slipped into the red.
Amman, Jordan - Jordan's government has signed two deals with the German KfW Development Bank to secure a financial package...Jordan's Petra News Agency reported that the initial tranche of financing encompasses a $84 million soft loan
A subsequent $56 million soft loan will spearhead a program dedicated to curtailing water losses and diminishing the rates of unbilled water
