After a round of talks in Geneva last month, the United States and China will sit down at the negotiating...
Agentic AI, spatial intelligence and robotic advancements in manipulation and adaptive control are enabling autonomous systems to make intelligent decisions...
The coming months are likely to be "bumpy", warned UBS chief Sergio Ermotti on Friday, adding the integration will come...The merger of Switzerland's two biggest banks will be complex both technically and politically, resulting in a megabank unlike the Swiss have ever seen
"If the takeover by UBS hadn't succeeded, there would have been an international financial crisis", said Thomas Jordan, chairman of the Swiss National Bank
Riyadh, Saudi Arabia – Saudi Arabia’s environment ministry on Monday signed a memorandum of understanding (MoU) with the Beijing Institute...The two parties will discuss the possibility of establishing a national platform for research and development in genetics and biotechnology
The MoU aims to promote the use of advanced genomics technologies, the application of biotechnology solutions in agriculture and big data
Sharjah, UAE-- The Sharjah Electricity Water and Gas Authority (SEWA) has held talks with a US consulate-general delegation to explore...The meeting also touched upon SEWA's initiatives to bring down carbon emissions and fight climate change, besides discussing the upcoming COP28 conference
The two sides also explored potential partnerships between SEWA and American companies in innovation and sustainable development
- "The Kingdom will invest more than $800 billion during the next 10 years", added the minister, noting that tourists may...
Saudi Arabia's tourism sector, fueling a 4.45% GDP growth, is set for an $800 billion investment boost over the next decade.
Despite the global pandemic, Saudi Arabia welcomed over 93.5 million tourists in 2022, making it the fastest-growing tourism destination
- The Kingdom will invest more than $800 billion over the next ten years, the Saudi Minister of Tourism Ahmed bin...
Saudi Arabia’s tourism spending has surged 93 percent in 2022 to reach $49 billion, up from US$25.4 billion in 2021
The number of tourism-related jobs in 2022 reached 880,000, reflecting an increase of 15 percent compared to the previous year
- Abu Dhabi, UAE-- With the signing of the Comprehensive Economic Partnership Agreement (CEPA), the UAE exporters are expected to benefit...
The CEPA agreement between the two countries is expected to start a new era of ties, stimulating trade, increasing investment flow, and creating jobs
The non-oil bilateral trade is expected to increase to US$40 billion annually in five years, and at the same time create 25,000 new jobs by 2031
Members of the rate-setting Federal Open Market Committee remain divided going into the meeting on June 13-14, with a minority...Some officials may vote to hold the benchmark lending rate at the next meeting of the Fed's rate-setting committee, while leaving the door open to a hike in July if necessary.
The data points to a mixed economic picture, with slowing growth, a tight labor market, and inflation still well above the Fed's two percent target.
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
- 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
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
