UAE to provide US$10m grant to support WTO initiatives, says foreign minister
ABU DHABI, UAE – Emirates Minister of Foreign Affairs Sheikh Abdullah bin Zayed Al Nahyan has announced that the UAE...Economy Geostrategy Global
Qatar Chamber and International Labour Organization look to boost ties
Doha, Qatar--The Qatar Chamber (QC) and the International Labor Organization (ILO) discussed bilateral cooperation relations in the fields of labor,...Economy
UAE economy expected to grow more than 6 percent in 2022: IMF
The country's inflation has risen with global trends and is expected to average just over 5 percent this year, while...The IMF statement came following discussions with UAE authorities from November 2 to 17, 2022. Ali Al-Eyd, who led the IMF staff team, the UAE has seen robust growth this year.
The outlook is, however, subject to significant external uncertainties, including the impacts of global economic and financial headwinds and geopolitical developments.
AD Ports Group, TotalEnergies partner to explore solar power opportunities
The agreement comes as Abu Dhabi accelerates its development of solar energy solutions to support the wider UAE net-zero emissions...The agreement comes as Abu Dhabi accelerates its development of solar energy solutions to support the wider UAE net-zero emissions by 2050 agenda
The emirate plans to install 5.6 gigawatts of solar PV capacity by 2026 and is currently developing the world’s largest solar plant with a capacity of 2GWs in the Al Dhafra
Jordan and Iraq to deepen political, economic ties
Amman, Jordan— Jordan and Iraq have renewed their commitment to deepen political and economic ties between the two neighboring countries....During bilateral talks King Abdullah expressed keenness to enhance the strong ties between the two countries
Discussions covered regional issues and crises, the Palestinian cause, and efforts to counter terrorism
China unveils plan to shore up industrial economy
Beijing will adopt industry, region and enterprise-specific measures to secure the sound development of key industries.Beijing will adopt industry, region and enterprise-specific measures to secure the sound development of key industries
Efforts will be made to tap into market potential to grow consumer demand, stabilise exports of industrial products
Search for buried survivors after Indonesia quake kills 162
The epicenter of the shallow 5.6-magnitude quake on Monday was near the town of Cianjur in Indonesia's most populous province...Indonesia's national disaster mitigation agency, or BNPB, said at least 25 people were still buried under the rubble in Cianjur as darkness fell on Monday
The devastation caused by the quake was made worse by a wave of 62 smaller aftershocks -- with magnitudes ranging from 1.8 to 4 -- that kept shaking Cianjur
Global economic woes take toll on GCC contracts
High inflation and the West's sanctions on Russia for its Ukraine invasion besides the supply chain disruptions caused by China's...The increase in benchmark rates by global and regional central banks to combat runaway inflation also affected project funding.
The UAE overtook Saudi Arabia as the largest projects market in the GCC during Q3-2022.
COP27 agrees to fund climate damages, no progress on emission cuts
A final COP27 statement covering the broad efforts to grapple with a warming planet held the line on the aspirational...Tired delegates applauded when the fund was adopted as the sun came up Sunday following two extra days of negotiations
UN chief Antonio Guterres said the talks had "taken an important step towards justice" with the loss and damage fund
AD Ports Group and Transmar launch new Pakistan Service
The new container shipping service links Karachi with the region’s major ports within UAE, KSA, Egypt, Jordan, Sudan and Djibouti.The new container shipping service links Karachi with the region’s major ports within UAE, KSA, Egypt, Jordan, Sudan and Djibouti
The new route will contribute to AD Ports Group’s strategic objectives of increasing regional and global connectivity
Sheikh Zayed Festival to air World Cup matches for fans
Abu Dhabi, UAE— The Sheikh Zayed Festival will provide a number of screens for the regular airing of the FIFA...According to the Higher Committee organizing the festival, the screens will be set up throughout different areas from the 20th November to 18th December 2022
Fans can enjoy an exciting array of events, before and after games that include concerts, entertainment, heritage and cultural shows
China’s natural gas output up 12.3% in October
The country produced 18.5 billion cubic metres of natural gas in October, up 12.3 percent from a year ago.The country produced 18.5 billion cubic metres of natural gas in October, up 12.3 percent from a year ago
In the first 10 months of this year, China's natural gas output rose 6 percent YoY to 178.5 billion cubic metres
