Saudi Arabia announced on Sunday humanitarian projects for Syria including the removal of wartime rubble around Damascus, weeks after inking...
- Gold climbed to a new record Tuesday as investors sought out safe havens, while Japan's Nikkei and the Hang Seng...
Qatar plans a 60% boost in liquefied gas production by 2027 through North Field expansion, tapping the world's most substantial...Qatar plans a 60% boost in liquefied gas production by 2027 through North Field expansion, tapping the world's most substantial gas reservoir with 50.97trn cubic meters
The project will raise global LNG by 48 million tons annually, supporting a GDP per capita over $84,000 from $132bn gas exports while producing 40% of new LNG by 2029
RIYADH, SAUDI ARABIA - The Public Investment Fund (PIF) on Thursday successfully priced its first dollar-denominated Shariah-compliant trust certificates (sukuk)....The issuance will be listed on the London Stock Exchange’s International Securities Market (ISM).
The sukuk issuance was more than seven times oversubscribed, with orders exceeding $25 billion,
- RIYADH, SAUDI ARABIA – The Saudi Standards, Metrology and Quality Organization (SASO) and Enterprise Singapore signed an MoU here, focusing...
The pact encompasses cooperation and the exchange of best practices and experiences in metrology, calibration and safety of consumer products.
The MoU includes provisions for training, capacity building and collaboration in the development of infrastructure for standards and quality.
With Benjamin Netanyahu building up a huge force ahead of an expected land incursion into Gaza, Iran has warned of...The prospect of an all-out war pushed oil prices up Wednesday, though Washington's decision to suspend some sanctions on Venezuelan output tempered the gains
Risk aversion among traders was increased by concerns the Federal Reserve would hike interest rates again, or at least keep them elevated for an extended period
Riyadh, Saudi Arabia - The Saudi Central Bank (SAMA) signed an agreement with the Monetary Authority of Singapore (MAS) on...The agreement seeks to facilitate activities of both organizations in international markets
It will also provide a framework for cooperation between their innovation departments
Beijing has been forced to hand out billions of dollars in bailout loans to BRI countries in recent years to...The Belt and Road is a central pillar of Xi's bid to expand China's clout overseas, with Beijing saying it has now inked over two trillion dollars in contracts around the world
Xi announced on Wednesday that key Belt and Road lenders the China Development Bank and the Export-Import Bank will now offer an additional $100 billion in loans
- Last year, the economy grew three percent, far from the official target of 5.5 percent, and one of the slowest...
The 4.9 percent expansion in July-September was helped by forecast-beating retail sales figures and follows a series of broadly positive readings
But authorities are still on edge over turmoil in the real-estate sector, which has long accounted for a quarter of the country's gross domestic product
- "The Gulf country is set to host the WTO's 13th Ministerial Conference in the first quarter of 2024 in Abu...
The UAE will host the WTO's 13th Ministerial Conference in the first quarter of 2024.
The conference in Abu Dhabi is among the most significant in WTO's recent history
ABU DHABI, UAE – Ahmet Burak Daglioglu, Head of the Investment Office of the Turkish Presidency, said that the cumulative...UAE currently stands as Turkey's 13th largest trade partner for exports and the 15th largest for imports.
From 2014 to 2022, the total foreign direct investment from Turkey to the UAE amounted to approximately $1.1 billion
- US and European stock markets mostly fell and oil prices rose as US President Joe Biden prepared for a trip...
Wall Street opened in the red, with the tech-heavy Nasdaq shedding more than one percent, while Frankfurt and Paris fell 0.6 percent afternoon deal.
"Understandably, not many people are in the mood to put their hard-earned cash at risk in these uncertain economic times," said an expert.
