Mumbai, India -- Indian Prime Minister Narendra Modi's push to slash consumption taxes on everyday goods could deliver billions of...
- Google will provide its Gemini artificial intelligence tools to US federal agencies practically free, the government announced Thursday.
Tehran, Iran - Iran has reported a 15% surge in its gasoline output this year compared to last year. The...The Persian Gulf Star Oil Refinery is supplying 4 million liters per day of gasoline derivatives to other refineries to help meet the rising demand
Iran's daily average demand for gasoline exceeds 120 million liters, and on peak travel days, consumption reaches nearly 150 million liters
Doha, Qatar – The Qatari economy has reported a growth rate of 2.7 percent during the first quarter of 2023...When compared to the revised estimates for the fourth quarter of 2022, which were $48.61 billion, there was a 3.9 percent decrease in the GDP
The nominal gross value added tax estimates for mining and quarrying activities at current prices in the first quarter of 2023 reached $22.09 billion
Dubai, UAE - Brokerage firms in the Dubai Financial Market (DFM) witnessed a substantial influx of New Investor Numbers (NIN),...The number of newly registered investor accounts exceeded 51 percent during the first eight months of the year
29 brokerage firms listed on the DFM conducted over 2.57 million deals on 80 billion shares worth $37.1 billion
Singapore-- Saudi Arabia and Singapore have pledged to enhance economic cooperation between the two countries and also reviewed the challenges...The two sidies reviewed the state of their economic relations and also discussed the progress of Saudi Vision 2030 and its key programs
The Saudi finance minister met with an array of private sector players and Singaporean government agencies and discussed financial cooperation
"A top-tier, industry-specific enterprise resource planning (ERP) solution is vital for efficiently delivering these value-added services. Distributors grapple with supply...The Middle East and African freight and logistics market is predicted to record a compound annual growth rate of about 6% between 2023 and 2028
To tap into growth opportunities in the region and for better results, distributors must consider incorporating value-added services into their strategies
- MOSCOW, RUSSIA - Russian President Vladimir Putin will host his Turkish counterpart Recep Tayyip Erdogan on Monday, the Kremlin said, amid...
Russia pulled out from the UN-backed grain agreement that Turkey helped broker in July, effectively revoking safe navigation for civilian ships sailing through the Black Sea.
Turkey's foreign minister Hakan Fidan said on a visit to Moscow on Thursday that reviving the deal to ship Ukrainian grain across the Black Sea was "critical" for food security.
TEHRAN, IRAN – Iran’s export of non-oil products to the Economic Cooperation Organization (ECO) member states in the first four...In the four-month period, Iran exported 8.161 million tons of non-oil commodities to ECO member states.
In the same period, Iran imported 1.394 million tons of goods, valued at $2.445 billion, from the ECO states.
DOHA, QATAR - The Ministry of Finance announced that the budget of Qatar for the second quarter of the year...The surplus would be directed towards reducing public debt, raising the reserves of the Qatar Central Bank.
It would be used for enhancing the savings of future generations through the Qatar Investment Authority.
RIYADH, SAUDI ARABIA - Agri-Nutrients SABIC, in cooperation with the American companies ADM and BiOWiSH has helped farmers achieve high...Through these collaborative efforts SABIC aims to help reduce the carbon footprint in the agricultural supply chain.
Farmers will use SABIC's bio-fortified urea for the 2023 agri-nutrient season and enroll in ADM's Re:Generations program.
DUBAI, UAE – Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade discussed deeper economic collaboration,...The UAE and New Zealand already share a productive trade relationship, with non-oil trade reaching US$805 million in 2022.
UAE is New Zealand's leading trading partner in the Arab World, accounting for 2.5 percent of Wellington’s total foreign trade.
