Oil ministers in the V8 grouping -- comprising Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria and...
Paris, France - Apple will update software on iPhone 12 handsets across the EU to lower the power of their...
RIYADH, SAUDI ARABIA - The Saudi Authority for Industrial Cities and Technology Zones (Modon) has signed two memorandums of understanding...The MoU with the development authority entails exchange of expertise in industrial cities management and provision of logistic services and solutions.
Modon’s MoU with LCGPA aims to achieve integration of local content in industrial cities, exchange experience and practices in institutional innovation.
RIYADH, SAUDI ARABIA – The Kingdom’s Minister of Transport and Logistic Services Saleh bin Nasser Al-Jasser here launched a significant...The project will have a capacity to accommodate six million passengers annually.
It will operate through three international alliances in three concession areas.
- Qatar's Industrial Production index (IPI) reached 105.2 points in August 2023, a decline by 2.1 percent compared to the previous month (July...
The index of the manufacturing sector showed an increase by 2.2 percent in August 2023 compared to the previous month (July 2023).
Refined petroleum products fell by 0.5 percent. No change noticed in group of printing and reproduction of recorded media.
Amman, Jordan - Jordan and Egypt have signed an MoU to foster cooperation in economic and development policy formulation, as...The MoU emphasizes the importance of coordination and the development of bilateral relations in technical cooperation between planning institutions in the two countries
This encompasses the development of policies in the economic and development sectors, along with the mutual exchange of expertise, training, and capacity building
Dubai, UAE - The Middle East and North Africa (MENA) banking sector has witnessed a remarkable 30% year-on-year increase in...Digital transformation is reshaping the sector, with a focus on AI, sustainable finance, and enhanced customer experiences
The UAE's banking sector saw a remarkable 31% increase in net profits and total assets, driven by substantial investments in technology initiatives
- "Factors such as robust fiscal discipline supported by strong oil prices, debt reduction efforts by the Ministry of Finance, and...
Qatar readies for an energy transition, prioritizing savings for intergenerational equity and steering clear of pro-cyclical fiscal policies to ensure financial stability
Robust fiscal discipline backed by strong oil prices, debt reduction efforts , and improved macroeconomic indicators lead to positive sovereign credit ratings for Qatar
Dubai, United Arab Emirates – Considering opposing views, exchanging ideas and developing pathways for collaboration are essential to improving lives...UAE Minister of Cabinet Affairs Mohammad Abdullah Al Gergawi called for asking big questions to create a better future
Panelists in the opening plenary made the case for connecting the dots across industries and disciplines
- Israeli decision to suspend gas supply from Tamar field due to security concerns affects energy and gas sector, resulting in...
Israeli decision to suspend gas supply from Tamar field due to security concerns affects energy and gas sector, resulting in weekly losses of hundreds of millions of dollars
Chevron shifts gas exports as Israeli government declares market emergency, while local supply maintained with power plants ready with alternative fuels for energy stability
- RIYADH, SAUDI ARABIA - Red Sea Global (RSG), the multi-project developer behind the world’s most ambitious regenerative tourism destinations, Amaala...
The network includes more than 150 charging stations spread across phase one of The Red Sea destination area.
The stations are placed to keep RSG’s initial fleet of 80 electric Lucid and Mercedes vehicles charged and on the road.
- ABU DHABI, UAE - Chairman of the Abu Dhabi Department of Economic Development (ADDED) Ahmed Jasim Al Zaabi has said...
The UAE has successfully enticed a staggering US$23 billion in 2022, up 10 percent from 2021, to be ranked 16th globally in FDI attraction.
UAE is now the world's fourth-largest recipient of greenfield projects, with nearly a thousand ambitious ventures announced last year.
