The main international and US oil contracts briefly bounced off their lows as Israel and Iran accused each other of...
Fed Chair Jerome Powell told reporters the central bank would make better decisions if it waited a few months to...
Exhorting the Security Council to adopt what she called as innovative attempts to address the interplay between climate change, peace...The minister exhorted the council to approach conflicts through a climate-sensitive lens, strengthening the capacity of relevant peace operations
Chairing presidency of the UN Security Council for June, the UAE held the debate under the title "threats to international peace and security"
Riyadh, Saudi Arabia-- Saudi Arabia has recorded an 8.7 percent increase in gross domestic product (GDP) in 2022, as against...The kingdom's growth was driven by oil, which contributed 15.4 percent to the overall GDP growth, while non-oil activities also made a positive contribution of 5.4%
In 2023, stable commodity and food prices are expected to limit upward pressure on imported goods as the dollar continues to gain strength
Tehran, Iran--Qatar and Iran are looking to boost monetary and banking cooperation that would propel all-round development of trade between...The establishment of monetary and banking relations between Doha and Tehran will drive the volume of trade between the two countries significantly
Referring to Tehran-Doha joint cooperation, Qatar's central bank governor said that there are many opportunities to increase trade between Qatar and Iran
Dubai, UAE-- Dubai Airshow 2023 will show off the latest trends in the advanced aerial mobility (AAM) market as disruptive...The airshow in Dubai will lure global industry players and thought leaders from across aerospace, space and defense later this year to showcase the latest innovative solutions
Participants at the airshow will have the chance to look up a host of aerial transport solutions, including drones, UAVs, UAMs and eVTOLs, at the brand new AAM pavilion
Geneva, UAE - The private sector has increased its contribution to the UAE GDP to more than 70 percent, making...The UAE economy grew by 7.6 percent in 2022 and the total economic licences registered in the country reached over 1,014,000 licences
The country will discuss enhancing the resilience of the global economy to face crises and climate change at this COP28 later this year
"The shift to a clean energy economy is picking up pace, with a peak in global oil demand in sight...IEA forecast in its Oil 2023 medium-term market report that annual demand growth would slow sharply over the next five years
Energy prices soared last year after Russia, a major exporter of fossil fuels, invaded Ukraine and cut deliveries of natural gas to Europe
The new law seeks to provide a robust legal framework governing all contracts and transactions, instilling confidence in business sector...The new law seeks to provide a robust legal framework governing all contracts and transactions, instilling confidence in business sector and fostering growth across industries
To ensure fairness and transparency in business dealings, the Saudi law brings clarity and consistency to the legal landscape while increasing the ability to predict judgments
- Dubai, UAE - The UAE's precious metals market, which includes gold, jewelry, gold bars, and silver, is expected to reach...
The UAE leads the Middle East in gold consumption, with the country's jewelry sector playing a significant role in this achievement
In 2022, consumers in the country purchased a combined 46.9 tonnes of gold, representing a 38 percent increase from the previous year
Albany, New York-- The UAE has reiterated its resolve to strengthen economic and cultural ties with New York and the...UAE's Consul General in New York Amna Binzaal Almheiri reiterated the country's resolve to enhancing ties with the US and New York in trade and culture
In her discussions with trade and cultural bodies, focus was on the partnerships established between the two countries and ways to ramp up joint cooperation
Continuing with its crackdown against drug traffickers in the country, Iraq security forces on Tuesday said they had taken into...A few months back, Iraqi authorities impounded three million captagon tablets at the border with Syria, a big producer of the drug
In May, the country's security forces said they had seized 12 million benzhexol pills, a pharmaceutical drug also taken recreationally
