DAVOS: The future of global collaborations is being shaped by innovation and the ubiquitous embrace of immersive technologies, which continue...
Riyadh, Saudi Arabia - The National Housing Company (NHC) has signed a series of agreements, deals, and memoranda of understanding...
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
- Global monthly wages fell in real terms to -0.9 per cent in the first half of the year, the study...
Global monthly wages fell in real terms to -0.9 per cent in the first half of the year, the study found
The purchasing power of middle-class families has been reduced, while low-income households have been hit particularly hard
The reading -- the lowest since Eurostat started compiling jobless figures in April 1998 -- was an indicator that the...Eurostat estimated that, for the entire 27-nation European Union, 12.95 million adults were unemployed in October
Younger people had the highest unemployment rate in the EU and its eurozone, at 15.1 percent and 15.0 percent respectively
Lawmakers in crisis-hit Lebanon failed to elect a new president for an eighth time, despite the deepening impact of the...Parliament is split between supporters of the powerful Iran-backed Hezbollah movement and its opponents, neither of whom have a clear majority.
Lawmaker Michel Moawad, who is seen as close to the United States, won the support of 37 lawmakers.
- French President Emmanuel Macron repeated his frustration with US subsidies, saying they were hurting European companies by providing an unfair...
Macron said that US industrial subsidies, which are part of Biden's huge green energy initiatives, are "super aggressive" towards European business.
While Washington and Paris were "working closely together" on geopolitics and opposing Russia in its invasion of Ukraine, trade tensions remained, Macron said.
Global stocks rose as Federal Reserve boss Jerome Powell flagged a moderation in interest rate hikes, while China signaled a...Equities were also helped by signs that China is edging towards a more pragmatic approach to fighting the coronavirus.
The dollar sank, having soared across the board this year as Fed monetary policy diverged more and more from other central banks.
RIYADH, SAUDI ARABIA - Carbon credits could make a significant contribution to achieving net zero by 2050, but only if...Trade in voluntary carbon credits could grow 100-fold by 2050 if teething problems are addressed.
A carbon credit allows a country or organization to produce a certain amount of carbon emissions and it can be traded if the full allowance is not used.
