Riyadh, Saudi Arabia - The National Housing Company (NHC) has signed a series of agreements, deals, and memoranda of understanding...
In its latest annual inequality report, “Takers Not Makers”, Oxfam explores how most billionaire wealth is taken, not earned. At least five...
The world, according to the latest World Bank report, may be edging toward a global recession this year. Here is...The world may be edging toward a global recession in 2023 and a string of financial crises in emerging market and developing economies, according to the World Bank.
The head of the IMF, Kristalina Georgieva, also talked of a tougher 12 months ahead and expects a third of the world to experience a recession.
DUBAI, UAE - DEWA has completed 76.8 percent work on the water reservoir project in Hatta. The project has a...The project is being built at a cost of approximately US$23 million and is expected to be completed in April 2023.
The structural foundation works for all facilities and reservoirs are 100 percent complete,
Doha, Qatar--Qatar Central Bank's (QCB) international reserves and foreign currencies liquidity increased last December by 9.6 percent on an annual...The figures issued by QBC showed an increase in the bank's official international reserves standing at $44.31 billion by the end of last December
QCB's official international reserves recorded a growth of 3.6 percent, compared to that of November 2022, which at that time amounted to $42.77 billion
Beijing, China--China's foreign exchange reserves rose to US$3.1277 trillion at the end of December 2022, up 0.33 percent from a...The foreign exchange regulator attributed the increase in foreign exchange reserves to the combined impact of currency translation and asset price changes
Beijing will adopt industry, region and enterprise-specific measures to secure the sound development of key industries and boost coordinated regional development
- Cairo, Egypt--The Engineering Export Council (EEC) of Egypt has announced that the sector’s exports increased by 10% to $3.32bn from...
Exports of the electrical and electronic sectors climbed by 2%, while exports of transportation equipment increased by 14%, metal forming saw an impressive gain of 96%
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
Reduction in hunger, provision of food security and improved nutrition, and promotion of sustainable agriculture contribute to sustainable development in...Reduction in hunger, provision of food security and improved nutrition, and promotion of sustainable agriculture contribute to sustainable development in the region, says an expert
Thevolume of investment in the food industry in the Kingdom has exceeded SAR 88.191 billion through more than 1183 factories. the country's official data highlights
DUBAI, UAE - A total of 2,173 real estate transactions worth over US$2.72 billion (AED 10 billion) were conducted during...A total of 2,173 real estate transactions were conducted during the week ending January 6, 2023.
A total of 270 plots were sold for US$612 million, 1,903 apartments and villas were sold for US$1.33 billion.
The project is underpinned by a central green spine that runs the length of the community, featuring parks, lakes, and...The project is underpinned by a central green spine that runs the length of the community, featuring parks, lakes, and biodomes
Available for buyers of all nationalities, Yas Island will feature condominiums and townhouses located in 10 intimate clusters
- The company revealed its plan to raise the Emiratisation percentage to 73 percent of the total engineering jobs by the...
The company revealed its plan to raise the Emiratisation percentage to 73 percent of the total engineering jobs by the end of 2023
It plans to employ 170 jobseekers from the emirate, including 130 national engineers, and 40 for administrative positions
- Basra, Iraq--Iraq on Friday welcomed football teams from across the region for the Gulf Cup, ending nearly three decades of...
The tournament in the southern city of Basra brings together eight teams, with Friday's opening match seeing the host nation take on Oman
Tournament organizers have undertaken major infrastructure projects to help Iraqis forget their years in the football wilderness
