- Emphasizing that the oil and gas industry was vital in the fight against climate change, Dr. Sultan bin Ahmed Al...
He called for quick decarbonization, and the need for creating the energy system of the future
The minister noted the financing gap between the world’s climate ambitions and the climate goals
- Western nations gave out more than $185 billion in grants and cheap loans in 2021, according to the OECD. Official...
The UN Development Program (UNDP) has estimated that 52 countries were either suffering debt stress or close to it and in danger of default
China, now the biggest single creditor nation, has recently indicated a willingness to work with the IMF and other institutions to organize debt relief
- The United States wants to see a hike in oil production, including from OPEC countries, said a senior State Department...
OPEC+ decided in early October to cut production by two million barrels per day and has not changed its output level since
The US president has regularly called in the last year for an increase in the OPEC+ output, but the cartel has not raised its quotas
- ABU DHABI, UAE - UAE Ministry of Culture and Youth (MCY) participated in the First G20 Culture Working Group (CWG)...
G20 members, invited countries and international organizations attended the meetings of the Culture Working Group.
The meeting discussed the challenges and opportunities in the cultural ecosystem on a global scale.
- Ahmed Al Khateeb, the Saudi tourism minister and board chairman of the Saudi Fund for Development, signed an agreement with...
The decision, which will shore up Turkey's foreign reserves and help it combat inflation, was made on the order of King Salman and Crown Prince Mohammed bin Salman.
Turkey was already suffering from skyrocketing inflation and a weakening currency before last month's massive 7.8-magnitude earthquake.
- Lebanon opened its probe following a request for assistance from Switzerland's public prosecutor probing more than $300 million in fund...
The 72-year-old central bank governor is the subject of several domestic and international investigations over suspicions of money laundering.
The governor denies all accusations against him and has rarely appeared before the judiciary, despite numerous complaints and summonses.
- Young women in the MENA region are more likely to be in the workforce, while the GCC countries — particularly...
A PwC survey last year found that a large group of younger women are more likely to go to work and remain in employment to fulfil their ambitions in MENA region.
Saudi Arabia has witnessed a 35.6 percent increase in the women's economic participation. Still, the gender gap in leadership roles is huge.
- DUBAI, UAE - The Dubai Land Department (DLD) has launched the Instant Sale feature, which utilizes smart evaluation technology in...
The aim of the new feature is to streamline procedures and improve the experience of DLD's customers.
The feature requires all parties to be present at the real estate registration trustee office to sign contracts.
- Dubai, UAE-- The UAE and Oman have signed an agreement to enhance cooperation in order to preserve environment and encourage...
Mariam bint Mohammed Almheiri, Minister of Climate Change and the Environment, paid a visit to Oman to enhance cooperation in fish farming and achieving net-zero targets
Almheiri said that the UAE seeks to encourage the implementation of eco-friendly solutions to address environmental challenges
- Cairo, Egypt - Egypt’s foreign exchange reserves rose $127.9 million by the end of February to $34.352 billion, compared to...
Foreign currencies in Egypt’s foreign reserves include the US dollar, euro, Australian dollar, Japanese yen and Chinese yuan
Egypt's economy has come under pressure over the past year, with the Egyptian pound tumbling and foreign currency drying up





















