China's Premier Li Qiang warned Saturday that artificial intelligence development must be weighed against the security risks, saying global consensus...
US President Donald Trump announced Tuesday a "massive" trade deal with Japan, cutting a threatened 25-percent tariff to 15 percent...
Sovereigns were the key issuers. Fitch said the pricing of most sukuk and comparable bonds continued to be similar and...Most Fitch-rated sukuk are senior unsecured obligations of the issuer and rank equally with other senior unsecured obligations, including bonds.
Most Fitch-rated sukuk continued to be investment-grade at 79%, with 12.6% of issuers having a Positive Outlook, and 77.5% having a Stable Outlook in Q2.
She adds that the Ministry’s participation in this workshop forms part of its commitment to fostering regional and international cooperation...The UAE has achieved the highest compliance levels in anti-money laundering, developing an advanced ecosystem in line with global best practices
The Gulf country seeks to foster regional and international cooperation with partners, contributing to establishing a sustainable AML ecosystem
Amman, Jordan-- Jordan and Cyprus are looking to boost cooperation in energy, trade, industry and tourism sectors in order to...Jordan's king and Cyprus president met at Al Husseiniya Palace, and discussed enhancing cooperation in various fields
The king underscored the need to strengthen bilateral relations and cooperation, especially in energy, trade, industry, tourism
- SARAJEVO, BOSNIA AND HERZEGOVINA - Saudi Fund for Development (SFD) Board of Directors Chairman Ahmed Al-Khateeb, laid the foundation stone...
The funding for construction and equipping of the library has been through a US$22 million grant provided by the Saudi Fund for Development.
The new library will act as a central hub to connect the university’s 28 sub-libraries and will contribute towards enhancing its educational capabilities.
- Roni Tohme, the Acting CEO, has been confirmed as the CEO.
Tohme brings over 21 years of experience in telecoms and finance to his new role, having previously served as Ooredoo Algeria’s Chief Financial Officer.
During his tenure as CFO, he played a vital role in shaping an agile and lean finance department, contributing to the company’s business transformation.
DUBAI, UAE – UAE Minister of Energy and Infrastructure Suhail bin Mohammed Al Mazrouei launched the National Program for Infrastructure...Salamah 365 aims to enhance public safety by leveraging innovative solutions and interactive warning systems to rectify identified accident blackspots.
It also aims to implement a locally tailored model of pedestrian crossings, predict floods before they happen by monitoring dams and valleys.
From BP to ExxonMobil to TotalEnergies, none of the oil and gas majors have repeated the exceptional profits posted in...Before it, the US giant ExxonMobil saw its second-quarter profits tumble 56 percent to $7.9 billion, while rival Chevron saw a similar fall to $6 billion.
Shell saw a 64 percent drop in net earnings to $3.1 billion, while TotalEnergies fared better with just a 28 percent slide to $4.1 billion.
Rise was driven by a jump in insurance revenue.The corresponding figure in the same period last year - H1 2022- was US$79.8 million.
The company reported a jump of US$74.9 million YoY in insurance services results.
- Amman, Jordan--Jordan’s economy has seen a 47.6 percent increase in investments in the first half of 2023, according to data...
According to data, Jordan's aggregate investments amounted to $844.8 million in the first six months of the year, up from $571 million
The results come close on the heels of the government's initiative to set up a plan to lure new funding streams and boost current ones
Its net profit fell 53.8% in H1 of 2023 to US$0.92m.Its earnings per share(EPS) declined to reach QR 0.059 as of 30th June 2023 versus EPS QR 0.128 for the same period in 2023
The company posted a 61.7% jump in net profit in 2022, reaching $2.69 million in comparison to a net profit of $1.67 million
