KSA beats economic challenges with non-oil revenue
Anticipated growth in non-oil sectors, including tourism, manufacturing, and financial services, is set to drive future economic expansion, says a...Economy
WTO ministers struggle to forge deals as talks go into overtime
ABU DHABI, UAE – World trade ministers were locked in disagreement Thursday on fisheries subsidies, agriculture and digital customs duties as...Business Economy Geostrategy Global
 Jordanian expats in Qatar sent home $440m in 2022
According to data recently released by the CBJ, Jordanian expatriates' remittances in the first ten months of 2022 increased by...According to data recently released by the CBJ, Jordanian expatriates' remittances in the first ten months of 2022 increased by 0.6 percent
The Qatari exchangers said that remittances by Jordanian expatriates in 2022 may be the highest in several years
Two World Bank entities provide US$75bn in financing last year
Washington, United States--Two World Bank entities provided a record $75 billion in financing last year, said a letter by its president,...The aid comes as countries emerging from the Covid-19 pandemic were hit by fallout from war in Ukraine and surging inflation, while climate change brought further devastation
The World Bank delivered $31.7 billion in climate finance last year and channeled another $18 billion towards Ukraine since the start of the war
Qatar recycles 80% of waste collected during World Cup
Doha, Qatar-- Qatar has recycled some 80 percent of waste collected from stadiums during the FIFA World Cup games.According to...Nearly 54 percent of the waste has been converted into compost, 22 percent into plastic, 14 percent into paper and cardboard, and 8 percent into glass
She said the climate change issues and the optimal utilization of natural resources are among the top priorities of the Sustainability Department at the SC
Abu Dhabi to host Green Hydrogen Summit in year of climate action for UAE
The summit is being held in partnership with the Hydrogen Council, Atlantic Council, International Renewable Energy Agency and Dii Desert...The summit is being held in partnership with the Hydrogen Council, Atlantic Council, International Renewable Energy Agency and Dii Desert Energy
The summit will feature high-level discussions on the UAE hydrogen economy, the role of government and regulation, and panel sessions on sustainable finance
Egyptians fret over soaring food prices as economy slows down
Cairo, Egypt--Public anger has been growing for months in Egypt over a severe dollar crunch and soaring food prices. But for...Egypt's economy was hit hard after Russia's invasion of Ukraine last February unsettled global investors and led them to pull billions out of the North African country
The country's economy has long been dominated by powerful state and military-led enterprises
Major 2022 events that shaped world economies
TRENDS looks back at the events that grabbed attention worldwide. From Russia-Ukraine war to Saudi summits to Argentina's marvelous World-cup...The year 2022 is over. Yet 2023 offers a unique opportunity to reflect on the previous year with hope and optimism
TRENDS looks back at the events that grabbed attention worldwide. From Russia-Ukraine war to Saudi summits to Argentina's marvelous World-cup victory, 2022 had seen it all
Tunisia unveils economic plan betting heavily on private investment
Tunisian authorities are hoping to secure a nearly $2-billion bailout from the International Monetary Fund they hope will unlock other...The cash-strapped North African country is battling 10 percent inflation alongside slow growth
The 2023-2025 plan "puts forward a new model of development" to reset Tunisia's economy and battle poverty
Sustainability key for next-gen data center models
At present, the data center industry as a whole uses approximately 150 billion kilowatt-hours of electricity annually, which is about...At present, the data center industry as a whole uses approximately 150 billion kilowatt-hours of electricity annually, which is about 3 percent of the world’s electricity usage
Data centers must operate as efficiently and sustainably as possible to eliminate any potential harm to the environment.
Ducab partners with Vestas
Ducab's supplying medium voltage and earthing cable.Ducab Group is one of the UAE’s largest industrial manufacturing businesses.
The move reinforces the strong industrial partnership between the UAE and Egypt.
Sharjah EC discusses impact of commercial boards on urban appearance
SHARJAH, UAE - The Sharjah Executive Council (SEC) discussed on Tuesday a report on commercial boards made for economic institutions...The discussion covered a range of general government issues that would strengthen various sectors in Sharjah and their legal frameworks.
Issues that advance public services and which would increase the competitiveness of the Emirate of Sharjah were also discussed in the meeting.
