Turkey's central bank on Thursday cut its policy interest rate for a second meeting in a row as the country's...
A steep downward revision to US job creation cemented expectations that the Federal Reserve would begin lowering its benchmark rate...
The Gulf country "remains commitment to international strategies and plans targeting financial crime. In 2023, FATF completed its evaluation of...Qatar has achieved top compliance levels in combating financial crimes, as recognized by the Financial Action Task Force
In 2023, the FATF completed its evaluation of Qatar's anti-money laundering and counter-terrorism financing system
Al-Haddadiya, Syria - At his farm in Syria's northeast, Abdullah al-Mohammed adjusts a large solar panel, one of hundreds that have...Solar energy has offered a lifeline for the farmers amid drought and power shortages, but some warn the boom also has environmental costs in the once-fertile region
"We are trying to revive our land," despite dwindling groundwater reserves, said Mohammed, 38, as he oriented the panel towards the sun near his cotton fields.
The Kingdom's production in the coming months November and December will be approximately 9 million barrels per day, the country's...Riyadh, the world's biggest crude exporter, first announced its cut after a June meeting of the 23-nation OPEC+ alliance, which also includes Russia.
That decision riled the United States, which at the time accused Saudi Arabia, a security partner, of siding with Russia in the war in Ukraine.
Dubai, UAE - Vice President and Prime Minister of the United Arab Emirates Sheikh Mohammed bin Rashid Al Maktoum has...The board will be chaired by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai
Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, will serve as a Vice Chairman of the Board
Amman, Jordan-- Jordan has taken measures to hedge against the impact of international crises on food security and lower its...The kingdom's agriculture minister said the measures directly contributed to improving the resilience and sustainability of food security in Jordan
He noted that the kingdom, through a national strategy, established the food security council and launched an initiative to stop the wastage of food
- Shortly after her dismissal by the internationally recognized government in Tripoli, Amel Jerary, whose detention was ordered by the country's...
The government in western Libya had earlier announced Jerary's dismissal without giving an explanation
The corruption scandal erupted after an audio recording attributed to Jerary was posted on social media
Washington, US - Growing geopolitical fragmentation since the invasion of Ukraine has hit commodity markets, threatening to slow the transition to...IMF economists said trade disruptions could lower investment in renewable energy and electric vehicles by almost 30 percent till 2030
It said further geopolitical fragmentation could lead to "turmoil" in the commodity markets, causing long-term economic losses
- The focus has been on US Treasury bond yields that have surged to levels not seen in over a decade,...
Asian indices also ended mostly lower with Hong Kong leading the decline, falling nearly 2.7 percent as the market reopened after a holiday weekend
Russia's currency meanwhile continued to weaken on signs the country's economy is facing slower growth and higher inflation as the Ukraine war drags on
ABU DHABI, UAE – ADNOC and Fertiglobe on Tuesday announced the pilot deployment of the world’s first cost-effective modular CycloneCC...The CycloneCC technology is designed to improve the economics of point-source carbon capture within industrial facilities.
Traditional point source carbon capture technology relies on feeding gas through large absorption and stripping towers.
JAZAN, SAUDI ARABIA - The Jazan City for Primary and Downstream Industries has marked a significant milestone with the departure...The ship is laden with 37,000 tons of iron steel foundry product, representing the first-ever production of this commodity within the Kingdom.
The city's port has extensive capabilities and advanced logistical transportation services, making it a hub for trade exchanges in Saudi Arabia.
