Saudi Arabia’s trade surplus remains stable at $26bn
Riyadh, Saudi Arabia - Saudi Arabia's trade surplus remained stable at SR97 billion ($25.8 billion) in the fourth quarter of...Economy
Over 6,000 F&B companies join Dubai Chamber of Commerce in 2023
DUBAI, UAE – President and CEO of Dubai Chambers Mohammad Ali Rashed Lootah has revealed that 6,478 new Food and...Business Economy
World population at 8 billion humans — and still growing
Given the increase in life expectancy as well as the number of people of childbearing age, the UN projects the...After a peak in the early 1960s, the world's population growth rate has decelerated dramatically
Annual growth has fallen from a high of 2.1 percent between 1962 and 1965 to below 1 percent in 2020
Global warming rising at alarming rate, says UN
Greenhouse gases accounting for over 95 percent of warming are at record levels, with methane showing the largest one-year jump...Earth has warmed more than 1.1 degrees Celsius since the late 19th century, with roughly half of that increase occurring in the past 30 years.
Driven by melting ice sheets and glaciers, the pace of sea level rise doubled in the past 30 years, threatening millions in low-lying coastal areas.
‘UAE to reveal implementation map of Net Zero 2050 at COP27’
Minister of Climate Change and the Environment Mariam bint Mohammed Almheiri said the UAE’s participation in the 27th session of...A UAE minister said the COP27 focuses on financing and ensuring equitable participation of developing countries in climate action efforts.
She said the UAE will invite the world to participate in the efforts to spread and use renewable energy.
UAE, Jordan ministers discuss global, regional issues
Jordan's Deputy Prime Minister and Minister of Foreign Affairs and Expatriates Ayman Safadi met with UAE Minister of Foreign Affairs...The meeting between the two ministers was held on the sidelines of the Sir Bani Yas Forum in Abu Dhabi.
The ministers highlighted the progress on joint projects and cooperation programs adopted by UAE and Jordan.
COP27 summit in Egypt reckons with gravest threat to humanity
The already daunting task of decarbonizing the global economy in a few years has been made even harder by a...Current trends would see carbon pollution increase 10 percent by the end of the decade and Earth's surface heat up 2.8C, according to findings unveiled last week
The already daunting task of decarbonizing the global economy in a few years has been made even harder by a global energy crunch and rapid inflation
Gulf nations secure future with Asian investments
GCC, which has been investing heavily in Asia with an eye on protecting its petrochemicals and oil exports, is engaging...GCC, which has been investing heavily in Asia with an eye on protecting its petrochemicals and oil exports, is engaging in growth industries like fintech and logistics
GCC's exports to Asia are mainly constituted from commodities with predominantly oil products and their derivatives, as well as natural gas, in the case of Qatar
Saudi, Australian ministers discuss trade, bilateral ties
Saudi Minister of Industry and Mineral Resources Bandar bin Ibrahim Al-Khorayef met the Australian Assistant Minister of Industry for Manufacturing...The Saudi delegation’s visit to Australia also included participating in the International Mining and Resources Conference + EXPO (IMARC).
The Saudi delegation highlighted initiatives to develop the industrial sector.
US backs two-state solution in call to Palestinian leader
US Secretary of State Anthony Blinken reaffirmed Washington's commitment to a two-state solution to the Israeli-Palestinian conflict in a phone...The election result in the Jewish state came against the backdrop of soaring violence between Israel and the Palestinians.
US Secretary of State Anthony Blinken in a phone call with Palestinian President Mahmoud Abbas also discussed efforts to improve the quality of life for the Palestinian people.
Iranians stage new protest actions despite crackdown
Iranian students protested and shopkeepers went on strike despite a widening crackdown, according to reports on social media, as demonstrations...As the working week got underway, security forces adopted new measures to halt protests at universities in Tehran.
An official in Kerman province admitted the authorities were having trouble quelling the protests that erupted after Amini's death on September 16.
Iran admits it had sent drones to Russia before the war
Iran admitted for the first time that it has sent drones to Russia, but insisted they were supplied to its...Ukraine and its Western allies have accused Russia of using Iranian-made drones in recent weeks to carry out attacks.
The European Union and UK have imposed sanctions on three Iranian generals and an arms firm accused of supplying Russia with drones.
