Dubai, UAE -- Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai, attended part of...
Saudi Arabia secured a $2.5 billion revolving credit facility from Abu Dhabi Islamic Bank, Credit Agricole SA, and Dubai Islamic...
AMMAN, JORDAN - Jordan's Minister of Investment Kholoud Saqqaf on Sunday received Indian ambassador in Amman Anwar Haleem for a...The minister briefed the envoy on the investment climate in the Kingdom and potential opportunities in various sectors.
She emphasized business-friendly legislation and simplified government service delivery.
Israeli President Isaac Herzog arrived in Bahrain, the first visit by an Israeli head of state to the small Gulf...Accompanied by an economic delegation, Herzog said he would discuss "ways to strengthen our economic cooperation".
Herzog said he would then travel to UAE's capital Abu Dhabi.
Vienna, Austria— Major oil-producing countries led by Saudi Arabia and Russia look set to maintain their current output levels at a...OPEC is due to consult with 10 other oil-producing nations, including Russia, to review their decision in October to cut production by two million barrels per day
the EU, G7 and Australia agreed a $60-per-barrel price cap on Russian oil, which will come into effect on Monday or soon after
Morocco is set to chalk up record revenues for a second year running as farmers worldwide scramble for phosphate, made...According to Morocco's state-owned phosphates firm OCP, the kingdom controls around 31 percent of the international trade in the substance
This year Morocco exported half a billion tons of fertilizer to various African countries, either for free, as aid or at preferential prices
Appealing to the international community to help the country as it faces 'one of its hardest moments', UNHCR chief said...Hundreds of thousands of Syrians fled to Lebanon after the country's civil war began in 2011 with the brutal suppression of anti-regime protests
UNHCR chief Filippo Grandi met with officials including caretaker PM Najib Mikati to discuss how to better support vulnerable Lebanese and refugees
BERLIN, GERMANY - The German government aims to put a stop to energy price hikes it sees as unjustified with...Price increases are to be prohibited until the end of 2023 - unless the supplier can prove "that the increase is objectively justified".
A justification could, for example, result from "market-based price and cost developments".
ROME, ITALY - The world's ability to nourish its burgeoning population is under threat and without broader socioeconomic and environmental...The report identifies the issues at stake and the threats and problems that have an impact on future food consumption and agrifood production.
The report urges decision makers to think beyond short term needs.
- Two affiliates of ABB pleaded guilty to bribery charges.
Two affiliates of ABB each pleaded guilty to one count of conspiracy to violate the US Foreign Corrupt Practices Act
In October eight people, including former Eskom CEO Matshela Koko, were arrested on corruption charges linked to the ABB work.
- 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.
PALMDALE, UNITED STATES - The United States on Friday unveiled the B-21 Raider, a high-tech stealth bomber that can carry...Many specifics of the aircraft are being kept under wraps.
The plane will offer significant advances over existing bombers in the US fleet.
