Born in 1964, Souaid officially takes over after embattled former chief Riad Salameh's term expired in July 2023 with no...
"We are navigating troubled waters," said the OECD's chief economist Alvaro Santos Pereira as he summed up the world's economic...
Israel's inflation rate hit a 14-year high of 5.4 percent in January, prompting the central bank to raise interest rates...Israel's inflation rate hit a 14-year high of 5.4 percent in January, prompting the central bank to raise interest rates by half a percentage point
On Monday, foreign minister Cohen slammed the central bank for raising its benchmark interest rate again at a time when inflation was moderating
- AMMAN, JORDAN - A Jordanian ministerial delegation met with a number of Algerian ministers in the North African country on...
Jordan and Algeria reached an agreement on a roadmap to advance economic, trade, and investment cooperation for the years 2023–2025.
The road map highlights key cooperation projects with the objective of expanding trade exchanges, inter-investment volume.
London, United Kingdom--UK government finances recorded a stronger surplus than expected last month, official data showed Tuesday, news that analysts said...UK borrowing soared over the year on support schemes to help the country cope with rocketing energy bills
The country is facing the biggest industrial action by public and private sector staff in more than a decade as they seek pay rises in line with sky-high inflation
Lawmakers voted by 63 to 47 to give more weight to the government in the committee that selects judges, and...Lawmakers voted by 63 to 47 to give more weight to the government in the committee that selects judges, and to deny courts the right to rule on legislation
Opposition leader Yair Lapid accused the coalition of pushing Israel towards civil war, saying if "you care about Israel and its people" then "you'll halt legislation today"
Riyadh, Saudi Arabia--The Arab Gulf Program for Development (AGFUND) will support UNICEF with funding in order to contain the spread...An agreement was signed in Riyadh by Prince Abdulaziz bin Talal bin Abdulaziz, Chairman of the Board of Directors of AGFUND, and UNICEF Regional Director Adele Khodr
The new cooperation includes the establishment of the Center of Excellence for Early Childhood Development, based in Riyadh
The Government also prepaid an additional US$300 million of Sukuk through an early redemption, almost four years ahead of its...The Government also prepaid an additional US$300 million of Sukuk through an early redemption, almost four years ahead of its maturity in November 2026
The Public Debt Management Office said that the Government has fully redeemed the Sukuk through the settlement of payable amounts, including accrued profits, to the investors
Riyadh, Saudi Arabia-- Saudi Arabia and Costa Rica have signed agreements to increase the volume of trade and investment between...Saudi Chambers and the Costa Rican Export Authority signed two agreements in the field of economic cooperation and the establishment of a joint business council
Saudi Chambers Vice President Badr bin Suleiman Al-Ruzaiza said there has been a steep growth of 59% in the volume of trade exchange between the two countries
TRENDS tries to look at where Arab countries stand in terms of politics, governance and economies, in the latest the...TRENDS tries to look at where Arab countries stand in terms of politics, governance and economies, in the latest the Bertelsmann Stiftung’s Transformation Index
In past 10 years, the quality of democracy has declined in nearly one in five democracies, including in regionally important and once-stable democracies, the index points out
DUBAI, UAE - PwC Middle East and Microsoft have strengthened their global partnership at LEAP event in Riyadh, to support...The collaboration will focus on cloud transformation, business process automation and technology consulting.
The partnership aims to strengthen businesses by providing access to cloud services that are scalable and secure.
DUBAI, UAE - Dubai International Financial Center (DIFC) continued to grow at a record-breaking pace in 2022 with the number...New companies registered in DIFC in 2022 surpassed the annual milestone of 1,000 for the first time in the Center's history.
In 2022, DIFC’s combined revenue exceeded US$272 million for the first time.
