Abu Dhabi, UAE - The UAE’s technology industry is set to achieve record growth in 2025, driven by significant expansion...
Dubai, UAE - Dubai has been ranked eighth worldwide and first in the Middle East in the Global Power City...
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.
- Move comes UK imposes windfall tax on energy firms.
Total will cut its North Sea investment by US$123 million in 2023 over windfall tax.
The move of windfall tax in last month's budget was aimed at helping fund support for British consumers hit by rocketing energy bills.
GENEVA, SWITZERLAND - The World Health Organization (WHO) and the European Commission agreed on reinforcing a decade-long collaboration to accelerate...EU contribution will focus on strengthening health systems to make them more resilient and responsive to natural, climate or human-made disasters.
The partnership with WHO is a key deliverable of the new EU Global Health Strategy adopted by the European Commission.
LONDON, UNITED KINGDOM - Major oil producers are expected to stick to their current output strategy or even slash production...In October the OPEC+ agreed to reduce output by two million barrels per day (bpd) from November.
Since the October meeting, oil prices have been plummeting to their level of early 2022, far from the peaks above $130 a barrel in March
Council of Ministers okayed a draft law amending the real estate sale tax law for 2022, aimed at stimulating investment...Council of Ministers okayed a draft law amending the real estate sale tax law for 2022, aimed at stimulating investment in the sector
Cabinet also approved a draft law amending Jordanian Nationality Law for 2022 to align texts related to nationality restoration
