- Riyadh, Saudi Arabia--Saudi Arabia and South Korea have signed two agreements on Tuesday for future mobility and roads in the...
The agreements between the two countries will boost cooperation in mobility and innovation in the transport and logistics services sectors
Both the countries will, in accordance with the spirit of the agreement, exchange experiences to solve challenges in adopting modern technologies
- Doha, Qatar: Qatar and Spain have launched the Qatar Spain Innovation Program (QASIP), a joint venture between the Qatar Research,...
The program aims to support collaborative research and development projects in energy, health, resource sustainability, and digital technology
The program is the first fruit of cooperation between the QRDI Council and CDTI, following a MoU signed by Qatar and Spain in 2022
- Muscat, Oman--The Central Bank of Oman (CBO) has raised $36.35 million by way of allotting treasury bills on Tuesday, the...
According to the central bank, the value of the allotted treasury bills amounted to $26 million, for a maturity period of 28 days
The bank added in a statement that the allotted treasury bills amounted to $10.38 million for a maturity period of 91 days
- Saudi Arabia remains the largest projects market in the GCC as the total value of contracts awarded increases by 54.7...
Saudi Arabia remains the largest projects market in the GCC as the total value of contracts awarded increases by 54.7 percent YoY during Q1-2023 to US$29.9bn, says a latest report
The GCC's construction sector is set to take the lion's share of project awards in 2023, even as water, petrochemical, and power sectors may also perform well, adds the report
- Seeking to widen its foreign trade and grow national economy, the UAE has signed Comprehensive Economic Partnership Agreement (CEPA) negotiations...
The UAE has signed four agreements with India, Israel, Indonesia and Turkey, with the first two having already come into force
The country is holding negotiations with many other nations in the neighborhood and beyond to arrive at similar agreements
- There are three reasons why the Fed should not increase interest rates further: First, the US financial system is still...
US inflation progress expected to stall despite robust labor market. Fed should avoid further rate hikes and focus on supporting the economy
The Bureau of Labor Statistics may report higher prices for core goods, driven by rising vehicle prices, counteracting cooling effect in other sectors
- MADRID, SPAIN - The World Tourism Barometer published its second report of the year, which showed that international tourism is...
During Q1 2023, twice as many people traveled internationally than in the same period of 2022, with 235 million estimated tourists.
The report revealed that international arrivals have reached 80 percent of pre-pandemic levels in the first quarter of 2023.





















