Ramadan drives MENA online shopping boom, UAE takes the lead
As Eid Al-Fitr approaches, online shopping is expected to reach new heights, with anticipated growth in categories like flowers, cakes,...Economy
Dubai, Abu Dhabi real estate market thrives in Q1 2024
“2024 has opened up to an interesting and promising phase of growth within our sector. As proptech leaders, we can...Economy Opinion
UK retail lenders withdraw fixed home-loan products, rattling market
HSBC joined the fray on Thursday, suspending certain home loans as it also sought to cope with significant new demand...The total number of available mortgage products has meanwhile fallen by about five percent in just under one month
Hargreaves Lansdown estimates 16 percent of Britons are already struggling to meet monthly mortgage repayments
Desperate Syrians recycle plastic waste to make living
Recycling, in rebel-controlled Syria, is rather a grim lifeline than environmental impulse for desperate residents searching for work or items...In northern Idlib province, workers at a factory making mats and rugs churn out brightly coloured recycled plastic
The mats made from recycled plastic cost between $5 and $15, while traditional Persian-style rugs are around $100
Arab-China summit will bolster bilateral economic ties
The event is aimed at bolstering trade and economic alliances between Arab and Chinese business communities and to explore a...The 10th Arab-China Business Conference is aimed at strengthening trade and economic alliances between the Arab and Chinese business communities
Technology, renewable energy, agriculture, real estate, minerals, and supply chains remain the prime focus of the conference being held in Riyadh
Saudi NIDLP publishes report highlighting ‘achievements’ in four key sectors
Riyadh, Saudi Arabia-- In order to ensure compliance with the goals of Saudi Arabia's Vision 2030, the National Industrial Development...According to NIDLP, the program continues to work diligently to achieve the desired results under the plans emerging from the Saudi Vision 2030
The program looks to maximize and diversify the economic impact in the four sectors, achieving sustainability and creating attractive investment environment
Qatar Finance and Business Academy signs MoU with Morgan International
Doha, Qatar-- Qatar Finance and Business Academy and Morgan International have signed a memorandum of understanding (MoU) to provide training...The agreement between the two will provide individuals and organizations with training and upskilling solutions to enable them to operate within the country's financial market
Qatar Finance and Business Academy looks to support the process of localization in Qatar through its programs by providing the labor market with professional leaders
Saudi Arabia and UK hold discussions to boost economic partnership
London, UK-- Saudi Arabia and the UK have held discussions to boost trade and economic partnership between the two countries.The...Saudi Commerce Minister Dr. Majid Al-Qasabi met with several British ministers and leaders of major companies in London to discuss expansion of business ties
The Saudi delegation presented the programs of the kingdom's Vision 2030 to expand business opportunities and investments between the two countries
UAE-Turkey non-oil intra-trade crosses US$103 billion in last 10 years
Abu Dhabi, UAE-- The UAE and Turkey economic ties have witnessed a great leap in the last decade with non-oil...Raw gold topped the list of the five most key commodities imported by the UAE from Turkey in 2022, with a value of $4.35 billion
The UAE and Turkey inked an agreement in March this year, which looks to scale up trade between the two countries to US$40 billion in five years
UAE, Turkish presidents discuss bilateral, economic relations in Istanbul
ISTANBUL, TURKEY - UAE President Sheikh Mohamed bin Zayed Al Nahyan arrived here on Saturday for a working visit and...The UAE and Turkish presidents discussed their shared interest in advancing sustainable economic growth and social development.
Both the leaders applauded the recent progress witnessed in UAE- Turkey relations and discussed the benefits of CEPA.
SPC Free Zone to provide licenses within 45 minutes
SHARJAH, UAE - Sharjah Publishing City Free Zone (SPC Free Zone) has announced an expedited business setup process, allowing businesses...SPC Free Zone has also unveiled a limited-time package aimed at reducing business licensing and set-up costs.
It empowers smaller businesses and aspiring entrepreneurs to establish or expand their operations in the emirate.
45 governments endorse doubling energy efficiency by 2030
PARIS, FRANCE - Forty-five governments have endorsed doubling the average global rate of energy efficiency improvements by the end of...The meeting stressed as to how energy efficiency can help accelerate clean energy transition toward reaching net zero emissions by 2050.
The meeting underscored that effective policies must be fully leveraged to encourage behavior change among consumers and businesses.
