London, United Kingdom -- A British woman suffering from motor neuron disease who lost her ability to speak is once...
- "I'll be setting tariffs next week and the week after, on steel and, I would say, chips. Chips and semiconductors,...
TEHRAN, IRAN - Some 56 million tons of non-oil goods, valued at US$19.3 billion, were exported in the first five...Also 14.4 million tons of non-oil goods, valued at US$24.2 billion were imported into the country from March 21, 2023 to July 22, 2023.
In this period, China, Iraq, the United Arab Emirates (UAE), Turkey and India were Iran’s main export markets respectively.
- TEHRAN, IRAN – Iran President Ebrahim Raisi on Tuesday said that the country’s money is only blocked in South Korea...
Iran has forged strong relations with Islamic and other like-minded countries.
The country is keen on membership in regional and extra-regional alliances.
Doha, Qatar -- Qatar's foreign merchandise trade balance, which represents the difference between total exports and imports, showed a surplus...Imports of goods in July 2023 amounted to around QR 9.4 billion, showing a decrease of 1.6 percent compared to July 2022.
China was the leading country of origin of Qatar's imports with about QR 1.6 billion, a share of 16.7 percent of the imports.
Despite a decline in FDI inflows in the past few years, GCC countries remain optimistic as they expect strong economic...The GCC countries are generally stable and have a good track record of protecting foreign investments.
The Gulf nations have abundant natural resources, such as oil and gas, which attract foreign investors in the energy sector.
- In non-OECD countries, just the saving over the lifetime of new capacity additions in 2022 will reduce costs by up...
In addition to these direct cost savings, there would be substantial economic benefits from reducing CO2 emissions and local air pollutants.
IRENA’s Director-General Francesco La Camera said the world must add 1,000 GW of renewable power annually on average every year until 2030 to keep 1.5°C within reach.
Riyadh, Saudi Arabia-- Banks in Saudi Arabia have reported a 9.6 percent increase in aggregate profit to $1.71 billion in...The central bank said the aggregate assets of the banks jumped 8.84 percent year-on-year in July to $1.02 trillion
The bank also revealed that loans disbursed to the private sector increased 9.97 percent year-on-year in July to $648 billion
- Sharjah, UAE--Sharjah will host the first-ever Gulf-Iraq Business Forum on 26th and 27th September to boost economic ties between the...
The business forum will look into boosting investment and trade ties between the GCC countries and business groups within Iraq
Iraq has been an old business and trading partner for the countries in the GCC region and the forum will seek to consolidate the cooperation
The two countries signed a memorandum of understanding (MoU to boost mining cooperation in critical minerals needed in new technologies...The two countries desire to ramp up mutual investments in the manufacturing sector
Turkish companies would attempt to obtain more shares of Saudi Arabia's projects
GCC countries consistently maintain inflation rates below the global average, with the Food and Beverages CPI subcategory showing moderate growth...GCC countries consistently maintain inflation rates below the global average, with the Food and Beverages CPI subcategory showing moderate growth across the region
Saudi Arabia's CPI is being driven by housing and food, the UAE experiences a sharp CPI drop due to transport costs, while Qatar sees its lowest inflation since July 2021
- TABUK, SAUDI ARABIA – NEOM has announced plans to establish a world-class education, research and innovation (ERI) center, following last...
NEOM’s ERI center will enable access to a world-class education, research and innovation ecosystem at any stage of the life of a learner.
The curricula deployed across NEOM’s ERI pillars will prepare a digitally fluent workforce, equipping students with real-life skill sets.
