Baghdad, Tehran in talks to import gas from Turkmenistan
Tehran, Iran - Baghdad and Tehran are currently engaged in negotiations to facilitate the import of gas from Turkmenistan, with...Economy Energy
UAE construction market soars to $94bn in 2023
Abu Dhabi, UAE--The UAE construction market size was $94 billion in 2023 and the market will achieve an AAGR of...Business Economy
Saudi ranks first in technical, vocational education enrollment
Riyadh, Saudi Arabia-- Saudi Arabia ranked first globally on the Global Knowledge Index 2022 in the percentage of students enrolled...The Index is issued by Mohammed bin Rashid Al Maktoum Knowledge Foundation in collaboration with United Nations Development Program.
It provides reliable data to help countries and decision makers to understand and face the real transformations and challenges.
UAE keen on new technologies, says minister at Raisina Dialogue 2023
NEW DELHI, INDIA - UAE Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications Omar Sultan Al...Representatives from over 100 countries, including ministers, military commanders, captains of the Industry, participated in Raisina Dialogue 2023.
The UAE is keen on sharing knowledge, experience and success stories by participating in international conferences.
After 15 years of talks, UN states agree on deal to protect high seas
The deal described by many as historic is seen as key to conserving 30 percent of the world's land and...Greenpeace's Laura Meller called it a historic day for conservation and a sign that in a divided world, protecting nature and people can triumph over geopolitics
The treaty will also oblige countries to conduct environmental impact assessments of proposed activities on the high seas
UAE positioned itself as key player in global value chain: Al Zeyoudi
Abu Dhabi, UAE-- Stating that the global reshuffling of economic gravity is providing an opportunity for the UAE, Dr. Thani...Al Zeyoudi said the UAE achieved a remarkable 17 percent growth in trade figures, reaching a total of $630 billion
The minister affirmed his confidence in the UAE's ability to continue attracting investments and achieving strong trade growth in the coming year
Iraq customs orders enforcement of alcohol import ban
In spite of divisions over the legislation, Iraq's customs department has given orders to begin enforcing a ban on alcohol...The new legislation approved by parliament in 2016 only became law after its publication in the official gazette on February 20
It has drawn sharp criticism from rights activists and lawmakers representing Iraq's dwindling non-Muslim communities
Iran announces discovery of large lithium deposit
TEHRAN, IRAN - Iran has announced the discovery of a large deposit of lithium, a key component of batteries for electric...This reserve is believed to hold "8.5 million tonnes" of lithium, according to a senior Iranian official.
This white metal is an essential component of rechargeable batteries used in cell phones and other electronic devices.
UAE, Italy enhance bilateral relations to Strategic Partnership level
ABU DHABI, UAE - The United Arab Emirates and Italy on Saturday announced the enhancement of their  bilateral relations to...A pact for cooperation on energy projects and sustainability initiatives between Abu Dhabi National Oil Company and the Italian energy group Eni was signed.
The MoU aims to strengthen cooperation in the field of emissions reduction, new energy technologies and low-carbon solutions.
Earthquake caused direct damage of $5.1bn in Syria, says World Bank
A massive earthquake and aftershocks in February caused an estimated US$5.1 billion in direct physical damage in Syria, said the...The earthquake hit Turkey and Syria, devastated scores of cities and killed over 50,000 people in both countries.
World Bank said that its report does not cover broader economic impacts and losses for Syria, such as production or business interruption.
Ocean conference participants pledge US$19bn
Panama City, Panama - Delegates to a global conference on saving the world's oceans pledged US$19 billion, the host country Panama...European Union announced it would dedicate $865 million to ocean-related projects this year
The total included a $6 billion from the United States, announced by White House climate envoy John Kerry
PPI of industrial sector in Qatar declines by 1.75% in January
Doha, Qatar - The Producer Price Index (PPI) of Qatar’s industrial sector declined by 1.75 percent in January 2023 when...The PPI for January 2023 was 129.59 points, down 4.71 percent from December 2022
For manufacturing sector, a PPI increase of 0.08 percent was recorded in January 2023
