Qatar Central Bank head calls for enhanced GCC action to tackle challenges
Doha, Qatar--Governor of Qatar Central Bank Sheikh Bandar bin Mohammed bin Saoud Al-Thani has called for strengthening joint action among...Economy
Vision 2030 empowers women in Saudi legal sector
"The progressive momentum generated in the past decade fills us with positivity and reassurance in the Kingdom, where we have...Economy Opinion
UAE launches project to establish centralized database of industrial companies
ABU DHABI, UAE - UAE Ministry of Industry and Advanced Technology (MoIAT) Monday launched the Industrial Census project, in collaboration...The project aims to create a comprehensive database of all establishments that practice industrial activities.
The project will help create new investment opportunities for manufacturers, investors and owners of industrial companies.
Oil falls ahead of OPEC+, US Federal Reserve meetings
Brent crude futures were down 74 cents, or 0.8 percent, to $85.92 a barrel at 0710 GMT, while West Texas...Brent crude futures were down 74 cents, or 0.8 percent, to $85.92 a barrel at 0710 GMT, while West Texas Intermediate crude was down 61 cents
The US central bank is expected to raise interest rates by at least 25 basis points in its policy meeting on January 31-February1
More than 2,000 contestants to take part in Spinneys Dubai 92 Cycle Challenge
Dubai, UAE-- Over 2,000 cyclists from the UAE and overseas are expected to participate in the 13th edition of the...The cycling event will be organized on 19th February 2023 with the support of the Dubai Sports Council and the UAE Cycling Federation
The Spinneys Dubai 92 Cycling Challenge comprises an outrider race for amateurs with a short distance of 40 km
ECB to hike rates again, but outlook brightens
Most analysts expect a 50-basis point hike in March but, with inflation starting to ease, there are already signs of...ECB president Christine Lagarde has repeatedly stressed rates will continue to rise at a steady pace, and the bank is expected to agree on a 50-basis point hike Thursday
ECB board member Fabio Panetta, known for his dovish stance, said the bank should not commit to any particular hike beyond the forthcoming meeting
European Union provides US$70m in financing to Jordan
Amman, Jordan-- The European Union (EU) has signed two agreements with Jordan to provide it with a $70 million in...Jordan's Minister of Planning Zeina Toukan said these grants come at an important time to support the development and reform efforts in Jordan
The EU’s "Food and Resilience Facility" aims to support specific interventions designed according to the domestic context and needs
UAE unveils ‘Emirates Health’ at medical conference in Dubai
Dubai, UAE--The UAE has launched several innovative health projects in the 48th edition of Arab Health 2023, which began today...The three entities have jointly developed projects on display as part of a unique national initiative to provide curative and digital health services
During the four-day event at the Dubai World Trade Centre, the Emirates Health Platform will witness the launch of an innovative health services package
Lebanon’s offshore exploration agreement supports the country’s economic development, says Qatar’s minister
"This very important commitment gives us the opportunity to support Lebanon’s economic development, at this critical juncture. And I want...Qatar had entered a consortium to explore for offshore gas in waters near Israel, following a historic border deal last year between the two rivals
The agreement green-lights Lebanon's exploration of its southern Qana, or Sidon, reservoir following the signing of the landmark accord last October
Saudi Arabia explores space to secure solar energy
The Kingdom is studying the feasibility of investing in the futuistic UK project, which if materialized may play an important...The Kingdom is studying the feasibility of investing in the futuistic UK project, which if materialized may play an important role in combating climate change
The project's cost is likely to exceed tens of billions of dollars amid expectations that the space solar energy project will be completed by 2040, reports suggest
UAE’s EHS to showcase innovative health projects during Arab Health 2023
DUBAI, UAE - The Emirates Health Services (EHS) will showcase its 19 innovative healthcare projects during Arab Health Exhibition 2023,...Arab Health Exhibition is one of the largest forums that hosts major corporations, authorities and companies from all over the world.
The forum provides an opportunity to achieve the goals of national strategies and projects that seek to turn the UAE into a global hub for health care.
UAE launches ‘Tax Support’ program to promote compliance with laws
Dubai, UAE - UAE's Federal Tax Authority (FTA) started the ‘Tax Support’ initiative to raise tax awareness among UAE’s business...The step is likely to help the businesses in enhancing compliance with tax laws and regulations.
As a result, the first workshop for 2023 under the initiative was held on 24th and 25th January in Oud Metha, Dubai.
