The Federal Reserve kept interest rates at the current target range of 4.25 percent to 4.50 percent after its January meeting, according...
Davos Switzerland - The rapid adoption of AI and automation is redefining labor markets, reshaping industries, and transforming skills globally,...
Abu Dhabi, UAE--The Environment Agency of Abu Dhabi (EAD) has planted one million mangrove seeds using drones as part of...The Abu Dhabi Mangrove Initiative was announced in February 2021 during Prince William's visit to the UAE
EAD and its key stakeholders during the past ten years have planted more than 15 million mangroves along the coast of Abu Dhabi
Brent crude rose 50 cents, or 0.6%, to $83.17 per barrel by 0135 GMT, while US West Texas Intermediate crude...Brent crude rose 50 cents, or 0.6%, to $83.17 per barrel by 0135 GMT, while US West Texas Intermediate crude also rose 50 cents, or 0.7%, to $77.91 per barrel
Previous oil prices witnessed a decline after the release of data revealing an unexpected increase in US crude and fuel inventories, which raised concerns about fuel demand
Dubai, United Arab Emirates--The head of the United Arab Emirates' national oil company was named as president of this year's COP28...The UAE's official new agency said that Sultan Ahmed al-Jaber, head of Abu Dhabi National Oil Company (ADNOC), will be the first CEO to take the role at the UN summit
The next edition of climate talks will take place in Dubai, the UAE's business, trade and tourism hub, in November and December
The year 2022 witnessed several deals involving Gulf nations and leading natural gas consumer countries that seek to secure their...The year 2022 witnessed several deals involving Gulf nations and leading natural gas consumer countries that seek to secure their LNG supplies in both near and distant future.
In November-2022, Qatar and China signed one of the largest ever LNG deals inking a USD 60 Bn LNG supply deal for 27 years.
- It aims to enhance global cooperation and design joint solutions to today’s geopolitical, social, economic, and human development challenges. Saudi’s...
Prince Faisal bin Farhan Al Saud, Minister of Foreign Affairs of the Kingdom will head the Saudi delegation.
During their participation at WEF23, the delegation will outline progress achieved under Saudi Vision 2030.
Doha, Qatar-- Qatar's quarterly gross domestic product (GDP) at constant prices increased by 4.3 percent year on year in the...When compared to Q2 of 2022 revised estimate, the quarterly GDP recorded an increase of 3.6 percent at QR 168.879 billion, QNA said.
The nominal gross value added (GVA) estimate of Mining and Quarrying activities is estimated at QR 105.896 billion in Q3 2022.
The guidance, which comes into effect immediately, will assist LFIs’ understanding of risks and effective implementation of their statutory AML/CFT...The new guidelines set by the Central Bank of the UAE apply to banks, finance companies, exchange houses and insurance companies, agents and brokers
The apex bank's guidance discusses the use of digital ID systems by licensed financial institutions to address their customer due diligence obligations
- The increases will vary across staff categories, with newly arrived employees likely to see a bump of less than 20...
The salary bump will apply to around 8,400 full-time employees out of the 56,000 working for parent company Fast Retailing in Japan
The move comes with Japanese inflation at 3.7 percent in November, the highest figure since 1981, and follows calls from PM Fumio Kishida for higher wages
- United Nations, United States--An estimated five million children under the age of five died in 2021, the United Nations said Tuesday,...
Nearly 2.3 million deaths in 2021 occurred in the children's first month, mostly due to being premature or from complications related to childbirth
The global under-five mortality rate fell 50 percent since 2000, while mortality rates in older children and youth dropped 36 per cent
Global business leaders, CEOs, and innovators from around the world will gather in Davos next week to discuss what World...The annual summit of the non-profit World Economic Forum (WEF) will begin on January 16 and go on until January 20, 2023
WEF President Børge Brende said the focus would be on sustaining economic growth "where our natural environment is not compromised"
