- In a dry country where access to water is already far below the 1,700 cubic meters per resident per year...
Used in moisturizing and anti-ageing products, the oil is a much-needed cash cow in a region where one third of people live in poverty
The success of the prickly pear in Zelfen has prompted farmers in other regions such as Nabeul and Kairouan to take an interest
- "The UAE economic model is based on developing the national entrepreneurship system and enhancing the participation of Emirati entrepreneurs and...
The UAE government is seeking to open new channels for entrepreneurs and support the growth and expansion of their businesses in global markets, says economy minister
The country is strengthening global strategic economic partnerships and cooperation to enhance the potential for sustainable growth, Abdullah bin Touq Al Marri adds
- With its revenues buoyed by high hydrocarbon prices over the past year, Algeria intends to double its defense budget to...
According to the budget approved by the lower house, the total allocated to defense in 2023 will be $22.8 billion for 2022
The overall budget is predicated on a forecast economic growth rate of 4.1 percent and inflation of 5.1 percent, along with an oil price of at least $60 a barrel
- Raising capital, in general, has become difficult for startups in wake of global and regional issues but the Kingdom is...
Raising capital, in general, has become difficult for startups in wake of global and regional issues but the Kingdom is in better position, says Nomow's Sumaya Ali Algabbass
Saudi Arabia, whose startups raised $70 million across 12 deals, ranked third, with e-commerce enabler platform Zid grabbing $50 million, according to a study
- The country's inflation has risen with global trends and is expected to average just over 5 percent this year, while...
The IMF statement came following discussions with UAE authorities from November 2 to 17, 2022. Ali Al-Eyd, who led the IMF staff team, the UAE has seen robust growth this year.
The outlook is, however, subject to significant external uncertainties, including the impacts of global economic and financial headwinds and geopolitical developments.
- The agreement comes as Abu Dhabi accelerates its development of solar energy solutions to support the wider UAE net-zero emissions...
The agreement comes as Abu Dhabi accelerates its development of solar energy solutions to support the wider UAE net-zero emissions by 2050 agenda
The emirate plans to install 5.6 gigawatts of solar PV capacity by 2026 and is currently developing the world’s largest solar plant with a capacity of 2GWs in the Al Dhafra
- Amman, Jordan— Jordan and Iraq have renewed their commitment to deepen political and economic ties between the two neighboring countries....
During bilateral talks King Abdullah expressed keenness to enhance the strong ties between the two countries
Discussions covered regional issues and crises, the Palestinian cause, and efforts to counter terrorism
- Beijing will adopt industry, region and enterprise-specific measures to secure the sound development of key industries.
Beijing will adopt industry, region and enterprise-specific measures to secure the sound development of key industries
Efforts will be made to tap into market potential to grow consumer demand, stabilise exports of industrial products
- The epicenter of the shallow 5.6-magnitude quake on Monday was near the town of Cianjur in Indonesia's most populous province...
Indonesia's national disaster mitigation agency, or BNPB, said at least 25 people were still buried under the rubble in Cianjur as darkness fell on Monday
The devastation caused by the quake was made worse by a wave of 62 smaller aftershocks -- with magnitudes ranging from 1.8 to 4 -- that kept shaking Cianjur
- High inflation and the West's sanctions on Russia for its Ukraine invasion besides the supply chain disruptions caused by China's...
The increase in benchmark rates by global and regional central banks to combat runaway inflation also affected project funding.
The UAE overtook Saudi Arabia as the largest projects market in the GCC during Q3-2022.





















