Geneva, Switzerland - US President Donald Trump hailed a "total reset" in US-China trade relations, ahead of a second day...
Rome, Italy -- The Food and Agriculture Organization of the United Nations (FAO) released a new Cereal Supply and Demand...
Tehran, Iran--Iran and the European Union traded $847 million worth of goods during the first two months of 2023, registering...Eurostat data shows Germany was the top trading partner of Iran in the EU region during the period, as the two countries exchanged $279 million worth of goods
The Islamic Republic exports to the EU jumped to $1.08 billion in 2022 as against $904 million in the same period of last year
"Projections indicate that AI solutions are set to contribute an estimated $13 trillion to the global GDP by 2030, optimizing...Key research projects at MBZUAI focus on sustainable environment, infrastructure, healthcare, education, and large language models, says an official
AI has the potential to contribute to the UAE's net-zero strategic initiative by reducing greenhouse gas emissions and advancing climate progress
AMMAN, JORDAN - Value of Jordanian exports to European Union countries increased during January-February period of 2023, by 108.5 percent...Jordan's imports from the EU nations in January, February 2023 rose to reach US$671 million.
Trade exchange between Jordan and EU countries in January, February 2023 amounted to about US$758 million.
Amman, Jordan--The volume of trade exchange between Jordan and the US shot up in January and February 2023 to $745...The Department of Statistics said in a statement that the vaule of exports from Jordan to the US shot up to $392 million in the first two months of 2023, a 28.2 percent jump
Imports from the US to Jordan also increased during the first two months of the year to $353 million, a 38.2 percent jump, as against $255 million for the same period of last year
His remarks came after the IEA Executive Director, Fatih Birol, criticized OPEC+ for their unexpected decision to reduce oil output...OPEC Secretary General Haitham Al Ghais has cautioned IEA against discouraging oil investments crucial for global economic growth
Russia's Deputy PM Alexander Novak says the OPEC+ group, comprising leading oil producers, sees no need for further output cuts
European investigators probing Lebanese central bank chief Riad Salameh's wealth will question officials from two international firms previously tasked with...Visiting European investigators plan to question officials from the Lebanon offices of Deloitte, Ernst and Young, and a local firm.
The European investigators arrived in Beirut this week on their third trip to Lebanon in connection with the probe.
The US Federal Reserve called for greater banking oversight while admitting to its own failures in a report published into...Silicon Valley Bank's management failed to adequately manage risk prior to the bank's swift collapse.
Federal Reserve supervisors failed to take forceful action after they had identified issues at the bank.
JEDDAH, SAUDI ARABIA - Islamic Development Bank (IsDB) President and Group Chairman Dr. Muhammad Al-Jasser and Uzbekistan Minister of Investments,...Under the agreement, IsDB will provide US$260 million in financing for the Integrated Rural Development Project.
The project will empower local communities, improve their access to quality and resilient infrastructure.
Pact involves investment of over US$272 million.The agreement will mark the first phase of Al Ghurair Foods division’s investments in KEZAD.
The highest standards of food safety in line with International biosecurity standards will be followed.
BERN, SWITZERLAND - Switzerland's central bank said Friday that the country's banking regulations needed toughening up after the implosion of Credit...Credit Suisse's share price plunged on March 15, causing the central bank to step in with a $54-billion lifeline for the second-biggest bank in Switzerland.
The Swiss government, Swiss National Bank and the financial market regulator strongarmed UBS into a $3.25-billion takeover on March 19.
