- Once it is signed by Brussels and London, it will create a framework for voluntary regulatory cooperation in the area...
The European Commission, the EU's executive arm, on Wednesday took the first step by adopting a draft agreement.
The EU said the agreement does not deal with the access of UK-based companies to the single market or vice versa.
- The Emirates' non-oil sector is projected to grow by 4.8 percent, driven by robust domestic demand, particularly in tourism, real...
The economies of the Gulf Cooperation Council (GCC) are projected to grow by 2.5 percent in 2023 and 3.2 percent in 2024.
A report released by the bank also said that the direct medical costs of seven major non-communicable diseases in GCC region was around $16.7 billion in 2019 alone.
- Dubai, UAE--DEWA and Huawei are looking to develop new technologies and solutions to boost efficiency and sustainability in the electricity...
The collaboration between the two entities has resulted in progress in digital transformation, exchanging the best international solutions, experiences and practices
Saeed Mohammed Al Tayer, MD & CEO of DEWA, noted the progress of the joint projects between the two sides, including Moro’s green data centres
- Manama, Bahrain - Beyon has announced a major investment of more than $250 million in state-of-the-art digital infrastructure in Bahrain...
Batelco, part of the Beyon group, has joined the Southeast Asia - Middle East - Western Europe consortium, which is building a 21,700 km-long undersea cable system
The new subsea cable will create a layer of network diversity and resilience for the heavily used routes connecting the Middle East with Southeast Asia and Western Europe
- Tehran, Iran-- Iran is looking to deepen energy ties with Russia as the latter is keen to explore and develop...
Russian Deputy Prime Minister Alexander Novak said that projects to develop oil fields in Iran are underway and new projects are being outlined, "where I expect progress soon"
Iranian Oil Minister Javad Owji said that the two sides also discussed the construction of nuclear power plants in Iran and other electrical power generation
- Abu Dhabi, UAE--Gross banks’ assets, including bankers’ acceptances, rose by 2.2 percent, from $999 billion at the end of January...
According to the central bank, gross credit shot up 1.2 percent from $510 billion at the end of January 2023 to $517 billion at the end of February 2023
It further added that total bank deposits climbed 0.4 percent, from $608 billion at the end of January 2023 to $610.48 billion at the end of February 2023
- Sharjah, UAE-- Sharjah Chamber of Commerce and Industry (SCCI) has reviewed the UAE efforts to achieve and maintain the food...
The meeting discussed avenues for boosting exports, and explored strategies to monitor international markets in order to support local production
The participants highlighted the country's advantageous position, its advanced logistics infrastructure, and strong international trade relations
- In the era of global mass production, Egypt's once expansive pool of skilled artisans has shrunk, with many young people...
Experts in the sector say the global appeal of Arab and Islamic designs from other countries shows Egypt could do more to promote its rich, millennia-old artistic heritage
Artists and artisans in Egypt, the Arab world's most populous country, draw from a history that spans ancient Pharaonic times, the Mamluk, Ottoman and modern eras
- Jeddah, Saudi Arabia--Saudi Arabia and Algeria have agreed to expand bilateral relations, boosting ties in all areas. In this regard,...
Presided over by the ministers, the two sides signed the agreement during the meeting of the fourth session of the Saudi-Algerian Political Consultations Committee
The two sides discussed enhancement of joint efforts on several issues in order to strengthen stability and prosperity for the two countries and their peoples
- The kingdom received about 7.8 million international tourists for all purposes during the first quarter of 2023, representing its highest...
The kingdom also became 13th globally, advancing by 12 places, as one of the top countries receiving international tourists in 2022
The number of international tourists who visited the kingdom, for all travel purposes, hit 16.6 million in 2022, WTO reported





















