- Ukraine welcomed a US$60 price cap on Russian oil agreed by the EU, G7 and Australia, saying it would "destroy"...
Poland had refused to back the price cap plan over concerns the ceiling was too high.
The embargo will prevent shipments of Russian crude by tanker vessel to the EU, which account for two thirds of imports.
- Amman, Jordan— The commercial sector across Jordan will go to the polls on Saturday to choose representatives in the boards...
The number of voters entitled to participate in the voting process is 27,982 merchants
Twenty-three others will run for the elections of the ten commercial sectors that will join the Jordan Chamber of Commerce board of directors
- Riyadh, Saudi Arabia— Saudi Arabia has submitted its bid to host the AFC Women’s Asian Cup 2026, a key moment...
Saudi Arabia’s move to bid for the upcoming AFC Women’s Asian Cup builds on its expression of interest earlier this year
The kingdom has embraced transformation at pace, and growing women’s leadership in sport is a crucial element
- PARIS, FRANCE - Russia's invasion of Ukraine has driven countries across the world to boost energy efficiency, creating "huge potential"...
Governments have scaled up fossil fuel subsidies to cushion the impact of rising energy costs on households in the wake of the Ukraine conflict.
According to the IEA research, governments, industry and households invested a record $560 billion this year in energy efficiency measures.
- The UAE's Minister of Foreign Affairs and International Cooperation Sheikh Abdullah bin Zayed Al Nahyan has said that the Gulf...
The UAE will work towards a world where human progress is an inalienable right for all.
The UAE views the G20 as a forum that plays a critical role in multilateral efforts.
- Traders are growing confident that the Federal Reserve will slow its pace of rate hikes after Fed boss Jerome Powell...
At the same time, Powell and other Fed officials have lined up to warn that rates would continue to rise and stay elevated, with the possibility of no cut until 2024.
Focus was also on OPEC+, which may decide Sunday to slash oil production further to boost prices for its members, which include Saudi Arabia and Russia.
- Abu Dhabi, UAE---The Central Bank of the UAE launched an AED-1000 denomination note as part of the country's 51st anniversary...
Made of polymer and using innovative designs and advanced security features, the note is the fourth in the Third Issuance of the National Currency Project.
The new banknote will be available in Central Bank branches and ATMs in the first half of 2023.





















