For years, Egyptian jasmine picker Wael al-Sayed has collected blossoms by night in the Nile Delta, supplying top global perfume...
Last year, the Fed chair used his keynote speech at the Jackson Hole Economic Policy Symposium to indicate the time...
Riyadh, Saudi Arabia-- Saudi Arabia's economy is in a state of prosperity and growth, and that the kingdom's fiscal position...According to an IMF statement, Saudi Arabia is the fastest-growing economy among G20 countries, recording an overall growth rate of 8.7 percent
The kingdom's non-oil GDP witnessed a growth of 4.8 percent in 2022 driven by robust private consumption and investments in various sectors
The Asian Development Bank survey found that rising interest rates, flagging economic prospects, inflation, and geopolitical volatility reduced the capacity...With data collected from 137 banks, the survey is the world's leading barometer of trade finance health
The Russian invasion of Ukraine was seen impacting trade finance portfolios by some 60 percent banks
Tianjin, China - The digital economy in China surged by $4.1 trillion from 2016 to 2022, which works out as...By 2022, the scale of China's digital economy had reached an impressive $6.99 trillion, constituting a substantial 41.5% of the nation's GDP
China has established over 1,700 digital workshops and smart factories and more than 240 industrial internet platforms
Doha, Qatar--Qatar's non-energy private sector witnessed strong expansion in August on the back of new orders in the manufacturing and...According to the QFC's latest purchasing managers' index (PMI) survey, the expansion rate was the third strongest so far in the current year
QFC CEO Yousuf Mohamed al-Jaida said PMI has held steady over the past six months at a level consistent with solid economic growth
Osama Nofal, of the Gaza economic ministry, put the value of Gaza exports to Israel and the occupied West Bank...Israel's army chief on Monday ordered a halt to commercial deliveries from Gaza to Israel after an alleged attempt to smuggle explosives
The Gaza Strip has been under a crippling Israeli blockade since the Islamist group Hamas seized power in the Palestinian territory in 2007
The group invests in information, communications and technology sectors.The group's growth strategy has resulted in investments in the Information, Communication and Technology sectors inside Saudi Arabia and globally
The most recent investment being the acquisition by Tawal, a subsidiary of stc Group, of United Group’s telecommunications tower assets in Bulgaria, Croatia and Slovenia
Doha, Qatar--Sustained investment in healthcare infrastructure in Qatar has seen a rapid transformation in the sector as promotion of health...A study carried out by IPA Qatar shows that health promotion and disease prevention underpin its commitment to ensuring the well-being of its citizens
In the next 10 years, digital infrastructure, virtual care, remote patient monitoring and AI will account for some 30% of hospital investments in the region
The Saudi production cut of one million barrels per day which first took effect in July will continue "for another...Brent crude rose above $90 per barrel on the news for the first time since November, while West Texas Intermediate, the main US futures contract, jumped 1.9 percent to $87.16.
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.
- 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
