In an executive order, the White House reiterated its position that there are "large and persistent annual US goods trade...
The US president unveiled the levy at the White House on Wednesday ahead of the imposition of sweeping tariffs on...
Speaking at a landmark climate summit hosted by Kenya, Sultan Al Jaber, who heads the government-owned renewable energy firm Masdar,...The minister said the investment in Africa is aimed to develop 15 GW of clean power by 2030
As of 2022, the continent's renewable generation capacity was 56 gigawatts, according to the IREA
According to the research published by Ember, an energy thinktank that pushes for renewable power, per capita G20 coal emissions...Countries such as Britain, Germany and the United States were able to significantly decrease per capita emissions
But at the same time, other countries, including G20 host India, Indonesia and China, all saw their emissions rise
Islamabad, Pakistan - Pakistan's caretaker Prime Minister, Anwaar-ul-Haq Kakar, announced on Monday that Saudi Arabia plans to invest up to...The investment is part of a concerted effort to boost foreign direct investment in the South Asian nation
Pakistan is believed to possess untapped mineral deposits conservatively valued at around $6 trillion
New Delhi, India - The share of the BRICS (Brazil, Russia, India, China, South Africa) group in the global Gross...Currently, China is the largest contributor to the aggregate GDP of BRICS, with a staggering 70% share, followed by India at 13%, Russia at 8%, Brazil at 7%, and South Africa at 2%
One of the most significant impacts of the new members joining BRICS will be on global oil production, which is expected to increase from 18% to 40%
Jeddah, Saudi Arabia--Saudi Arabia’s Crown Prince Mohammed bin Salman has announced the establishment of Global Water Organization in order to...The body will seek to exchange knowledge, expertise, the advance of water technology, innovation, and share research and development experiences
It will also press for the funding of high-priority projects to ensure the long-term sustainability of water resources while ensuring access to water for all
- The growth may increase to 4% in 2024. Arab Monetary Fund Director-General Dr. Abdul Rahman bin Abdullah Al Humaidi stressed...
He also underscored the importance of intensifying efforts to develop the financial and banking sector in Arab countries and increasing access to financing and financial services
The Arab banking system has become more prepared to absorb and withstand financial and economic shocks and risks due to its improved liquidity and solvency levels, he said.
Dubai, UAE - The United Arab Emirates (UAE) has established a federal entity responsible for regulating gaming activities within the...Ras Al Khaimah, one of the UAE's seven emirates, is planning to open a Wynn Resort valued at around $3.9 billion, which will include a casino
The decision to allow gambling comes amid heightened economic competition in the Gulf, particularly with neighboring Saudi Arabia
- Tehran, Iran-- Iran's President Ebrahim Raisi expects cooperation between his country and Turkey to grow during the "new term" of...
Iran's president met with the foreign minister of Turkey and other officials and hoped for an enhancement in ties between the two countries
The Turkish foreign minister believes that the bilateral trade between Ankara and Tehran can reach US$30 billion as the overall relations grow
campaign pledges and a massive reconstruction effort launched after a major earthquake claimed more than 50,000 lives in Turkey's southeast....The state statistic agency said prices rose by 58.9 percent over 12 months ending in August compared to 47.8 percent in July
The latests data will test the limits of how much leeway Erdogan's new market-friendly team has to raise borrowing costs
Dubai, UAE - Middle East needs a ‘New Deal’ to deliver for its 600 million people more jobs, better education,...MENA countries are urged to move away from state-dominated economic activities, particularly those with high debt burdens and youth unemployment rates
Governments are advised to improve digital infrastructure, enhance digital literacy, and develop workforce skills to promote digital adoption
