The 25-page "America's AI Action Plan" outlines three aims: accelerating innovation, building infrastructure, and leading internationally on AI. Overall, the...
- The statement came after months of escalating attacks by US President Donald Trump on Federal Reserve boss Jerome Powell. The...
There will be a process to select the best proposal.Al Ajban Solar PV is EWEC’s third world-leading solar power project.
Abu Dhabi is home to world’s three largest single-site solar power plants.
Lower oil prices and volumes attributed to the estimated deficit, according to a newspaper report. MP Osama Al-Zaid said the...Al-Zaid said non-oil revenues were estimated at 2.2 billion dinars, an increase of 10 percent over the previous budget.
He said these were only estimates, not real deficit, and Kuwait "will be able to avoid it by maximizing state revenues, controlling expenditures, and preventing financial waste".
ABU DHABI, UAE - The UAE ranked seventh in the world in terms of per capita national income, according to...According to the Atlas method, the per capita national income in the UAE, in current US dollars, increased to US$48,950 in 2022.
The expression of Gross National Income (GNI) in US dollars is done using the Atlas method, which was introduced in its current form in 1989.
Funds will be used to finance working capital for projects.The agreement is worth US$293 million (SAR 1.1 billion).
A promissory note of $306 million was provided to guarantee the credit facility.
A TRENDS exclusive report takes a hard look at how tens of thousands of white-collar workers in Middle East are...It is estimated that businesses in the Middle East suffer a loss of $100 billion every year on account of mental health challenges due to lost working hours
It has also been found that only 15 percent of white-collar workers across the MENA region have access to professional mental health resources
The Egyptian pound has lost half its value against the dollar since early last year, shooting prices upward and adding...The previous record of 34.2 percent in July 2017 came, as it does now, following a sharp currency devaluation connected to a bailout loan from the International Monetary Fund
Official data had shown skyrocketing inflation appearing to ease in the past few months, before food and drink prices alone registered a 64.9 percent increase compared to June 2022
A TRENDS exclusive report takes a hard look at how tens of thousands of white-collar workers in Middle East are...It is estimated that businesses in the Middle East suffer a loss of $100 billion every year on account of mental health challenges due to lost working hours
It has also been found that only 15 percent of white-collar workers across the MENA region have access to professional mental health resources
Dubai, UAE-- Dubai's Roads and Transport Authority (RTA) has reported a 10 percent increase in revenues for 2022 to $953...RTA reported 814 million digital transactions up from 676 million in 2021, a 20 percent growth rate, in addition to a 30 percent jump in the number of registered users
Mattar Al Tayer, Director-General of RTA, said that the company was going ahead with its digitization projects in order to increase its global competitiveness
The European Union and New Zealand signed a free trade agreement which Brussels says can lift exchanges between the two...New Zealand Prime Minister Chris Hipkins said it "will generate substantive new economic opportunities. It's of huge benefit to both partners."
"New Zealand is a key partner for us in the Indo-Pacific region, and this free trade agreement will bring us even closer together," the EU chief said from Brussels.
BAGHDAD, IRAQ - A powerful alliance of pro-Iran factions in Iraq called on Sunday on Baghdad to pressure the United States...Iraq, ravaged by decades of conflict and international sanctions, relies on gas imported from its eastern neighbor for a third of its energy needs.
To reduce their dependence on Iranian gas, Iraq has been exploring several possibilities including imports from Gulf countries like Qatar.
