Bitcoin hit a new peak at $124,514.59 in Asian trading, before cooling to around $121,500. The world's biggest cryptocurrency is...
President Donald Trump said Sunday that homeless people must be moved "far" from Washington, after days of musing about taking...
The International Federation for Red Cross and Red Crescent Societies has warned that the next 24 to 48 hours will...Countries such as Turkey, Switzerland, Belgium, Italy, Poland, and Israel have also offered assistance
A team of French volunteer firefighters has arrived in Morocco as US says it is ready to provide assistance
"Today, the Kingdom takes pride in its advanced technological sector, which has solidified its regional and global position as a...Saudi Arabia ranks second in digital competitiveness among G20 countries, fourth globally in the Digital Readiness Index, and garnered $446m in venture capital investments in H1
Women's participation in Saudi sectors rose from 7% to 33%, the Kingdom launched the world's largest virtual hospital, and introduced the first Arab and Muslim female astronaut
- Manama, Bahrain--GCC Secretary-General Jassim Al-Budaiwi has emphasized the crucial role of the private sector in ensuring a sustainable and resilient...
The secretary general was speaking at the the 62nd meeting of the Board of Directors of the Gulf Chambers, hosted by Bahrain
He pleaded for increased cooperation between the GCC and the Gulf private sector to tackle the myriad challenges facing the region
- Kuwait City - Kuwait has announced a comprehensive economic reform plan for 2023-2027 to address various challenges facing the country’s...
The program aims to upgrade Kuwait's monetary markets rating in FTSE Russell Indexes from emerging markets to advanced emerging markets
In the petrochemical and oil sector, the government aims to increase oil production to 3.15 million barrels a day and refinery capacity to 1.45 million barrels a day
NEW DELHI, INDIA – The Chief General Manager of the Reserve Bank of India's Department of Payment and Settlement Systems,...India and UAE have signed two MoUs to strengthen the use of national currencies for bilateral trade, link payment and financial messaging systems.
The RBI official said the two countries can work together to further develop digital payments and make them more efficient and convenient.
JEDDAH, SAUDI ARABIA - The Board of Executive Directors (BED) of the Islamic Development Bank (IsDB) approved to finance projects...The aid will contribute to ameliorate the socio-economic challenges faced by the people and will help in achieving significant SDG targets.
IsDB had made an emergency intervention to support the communities affected by the conflict in Sudan.
Annual inflation in Egypt hit 39.7 percent in August, official figures showed, an all-time high for the country as it...Food and drink prices in Egypt alone registered a 71.9 percent increase compared to August 2022, state statistics agency CAPMAS said.
Even before the current crisis, 30 percent of Egyptians were living below the poverty line, according to the World Bank.
- This TRENDS infographic dives into Saudi Arabia’s ambitious transformation to discover how the Kingdom is reshaping its future with high...
Saudi Arabia has allocated $250 billion in construction contracts since 2016 as part of its Vision 2030 strategy to diversify economy, attracting tourists and investments
In 2022, Saudi Arabia emerged as the fastest-growing G20 economy, fueled by a massive $1.25 trillion investment in real estate and infrastructure projects
- New Delhi, India-- Appealing to G20 members to lead by example in delivering on the promise of US$100 billion per...
Ahead of COP28, the IMF managing director said that target must be raised to reduce emissions to prevent grave risks to economic well-being
She urged countries to mobilize domestic resources to finance and manage the green transition through tax reforms, efficient public spending
Led by staples other than rice and sugar, the Food and Agriculture Organization of the United Nations revealed that its...Its Cereal Price Index dropped by 0.7% from July and International wheat prices dipped by 3.8% in August
But in contrast, the FAO All Rice Price Index climbed up by 9.8% from July to reach a 15-year nominal high
