Wall Street led a global markets bloodbath Thursday as countries around the world reeled from President Donald Trump's trade war,...
- Trump kept rivals and allies alike guessing about who would be targeted and by how much, but promised to be...
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.
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.
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
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
Abu Dhabi, UAE - Saving deposits in the UAE banking system, excluding interbank deposits, increased to AED245.867 billion ($67 billion)...Rise in savings deposits represents a YoY growth of $1.08 billion or 1.7 percent, from about $66 billion in November 2021
Demand deposits grew to $246 billion by the end of December last year, a YoY growth of 7 percent from $145 billion in 2021
Pushing aside their differences in relations strained by regional disputes, the oil-rich United Arab Emirates and Turkey signed a free...Turkey and the UAE have backed opposing sides in regional conflicts and have sparred over issues including gas exploration in the eastern Mediterranean
Early last year, Erdogan made his first visit to the UAE in nearly a decade and called on business leaders to invest in his country
The warrants do not name any of the officials, but according to the official, they are former finance minister Ali...An investigating judge in Baghdad has "issued arrest warrants for four senior officials of the former government."
The four men include a former finance minister and staff members of former prime minister Mustafa al-Kadhemi
The GCC countries are likely to benefit from the relative stability in their financial covers due to high oil prices...The GCC countries are likely to benefit from the relative stability in their financial covers due to high oil prices and strong energy exports in 2022, reports suggest
Inflation in the GCC averaged at around 4 percent mark and showed a downward trend for most countries in the region during the second half of 2022, they add
The proposed factory will be spread over 300 acres."Apple phones to be built in the state soon," Karnataka state chief minister Basavaraj S Bommai tweeted on Friday
"Apart from creating about 100,000 jobs, it will create a whole lot of opportunities for Karnataka," he added
- Firm booked profit despite supply chain disruptions.
German automaker Volkswagen on Friday said it booked a higher profit in 2022 despite supply chain disruptions and increased costs.
The group expects vehicle deliveries to rise to around 9.5 million this year, from 8.3 million in 2022.
