China pledges to ‘work with all’ for results at Abu Dhabi WTO conference
Abu Dhabi, UAE--China is willing to work with all parties to achieve more pragmatic results at the 13th Ministerial Conference...Economy
WTO launches US$50m fund for women entrepreneurs in developing countries
ABU DHABI, UAE - The director general of the World Trade Organization, Ngozi Okonjo-Iweala, on Sunday launched a $50 million fund...Business Economy Geostrategy Global
Jordan PM launches women empowerment strategy
This strategy aims to eliminate all forms of gender-based discrimination.This strategy aims to eliminate all forms of gender-based discrimination
It also aims to enhance women's participation in the labor market
EU spent €11.8 billion on imports of non-plug-in hybrid cars in 2021
Exports of non-plug-in hybrid cars were valued at €22.9 billion, which was more than half of the total extra-EU exports...Exports of non-plug-in hybrid cars were valued at €22.9 billion, which was more than half of the total extra-EU exports of hybrid and electric cars (55 percent)
Electric cars are an important part of the energy transition and they are becoming increasingly popular, with international trade in hybrid and full electric cars on the rise
UAE secured 40% of Japan’s crude oil needs in October
94.7 percent of 84.58 million barrels imported by Japan originated from five Arab countries: UAE, Saudi Arabia, Kuwait, Qatar, Bahrain...94.7 percent of 84.58 million barrels imported by Japan originated from five Arab countries: UAE, Saudi Arabia, Kuwait, Qatar, Bahrain and Oman
Oil remains the most significant energy source in Japan, accounting for about 40 percent of the country’s total energy supply, according to the IEA
UN agency wants FIFA deal for World Cup labour rights role
Doha, Qatar— After fierce criticism of the Qatar World Cup, the head of the UN labour agency on Sunday pressed FIFA's...FIFA has faced increased pressure after years of criticism of labour rights in Qatar, ranging from controversy over deaths on mega construction projects to unpaid salaries
The 2026 World Cup will be held in the United States, Canada and Mexico
Moroccans protest price hikes and ‘repression’
Hit by the economic impact of the Covid-19 pandemic and inflation, poverty levels are back to where they were in...People converged from across Morocco for the protest, which was also called to highlight the cases of several jailed bloggers and journalists
Consumer price inflation was 7.1 percent year-on-year in October, due in large part to surging food prices triggered partly by an intense drought
EU head says bloc must act over US climate plan changes
EU chief Ursula von der Leyen said the bloc must act to address "distortions" created by Washington's $430-billion plan to...EU countries have poured criticism on Washington's landmark Inflation Reduction Act, seeing it as anti-competitive and a threat to European jobs
The act, designed to accelerate the US transition to a low-carbon economy, contains around $370 billion in subsidies for green energy as well as tax cuts
Jordan, India explore economic cooperation
AMMAN, JORDAN - Jordan's Minister of Investment Kholoud Saqqaf on Sunday received Indian ambassador in Amman Anwar Haleem for a...The minister briefed the envoy on the investment climate in the Kingdom and potential opportunities in various sectors.
She emphasized business-friendly legislation and simplified government service delivery.
Herzog becomes first Israeli president to visit Bahrain
Israeli President Isaac Herzog arrived in Bahrain, the first visit by an Israeli head of state to the small Gulf...Accompanied by an economic delegation, Herzog said he would discuss "ways to strengthen our economic cooperation".
Herzog said he would then travel to UAE's capital Abu Dhabi.
OPEC likely to hold oil output levels steady
Vienna, Austria— Major oil-producing countries led by Saudi Arabia and Russia look set to maintain their current output levels at a...OPEC is due to consult with 10 other oil-producing nations, including Russia, to review their decision in October to cut production by two million barrels per day
the EU, G7 and Australia agreed a $60-per-barrel price cap on Russian oil, which will come into effect on Monday or soon after
Morocco reaps windfall from fertiliser supply shock
Morocco is set to chalk up record revenues for a second year running as farmers worldwide scramble for phosphate, made...According to Morocco's state-owned phosphates firm OCP, the kingdom controls around 31 percent of the international trade in the substance
This year Morocco exported half a billion tons of fertilizer to various African countries, either for free, as aid or at preferential prices
