Indians, long employed in Israel as caregivers, diamond traders, and IT professionals, are now increasingly recruited for the construction sector...
As the world grapples with uncertainty, the summit offers a much-needed space for cooperation and innovation, led by the Franco-Arab...
The regional economies -- set to expand by 6.9 percent in 2022 -- may moderate to 3.7 percent and 2.4...The regional economies -- set to expand by 6.9 percent in 2022 -- may moderate to 3.7 percent and 2.4 percent in 2023 and 2024 respectively, says a World Bank report
Easing of pandemic restrictions and positive developments in the hydrocarbon market drove strong recoveries in 2021 and 2022 across the GCC, the report points out
Abu Dhabi, UAE -- Abu Dhabi Islamic bank (ADIB) and Abu Dhabi Global Market (ADGM) will collaborate to support the...ADIB will provide clients with ADGM licensed managers for Sharia compliant banking and share news on developments in finance sector.
Also, a formal framework for cooperation in education, business development between the Bank and ADGM is also a part of the deal.
Domestic fuel bills rocketed further despite the UK government's energy price freeze as the market faced fresh fallout from key...The Consumer Prices Index hit 11.1 percent in October, reaching the highest level since 1981, the Office for National Statistics (ONS) said.
"Rising gas and electricity prices drove headline inflation to its highest level for over 40 years, despite Energy Price Guarantee," said ONS chief economist Grant Fitzner.
The 27-nation bloc has also placed an embargo on Russia coal. While it has not banned natural gas imports from...The EU will ban most imports of Russian crude oil next month
Ankara has increased imports of Russian crude since the Ukraine invasion in late February, the think tank said
- Sharm el Sheikh, Egypt—Kuwait is planning to achieve carbon neutrality in the oil and gas sector by 2050 and across...
According to Kuwait's Environment Public Authority chief, Kuwait intends to embrace a national strategy to achieve the target
The chief said the country is also keen to develop program to reduce carbon emissions through low-carbon development strategies in the oil and gas, energy, transport, industry
Launched as part of 'Projects of the 50', the program aims to accelerate the UAE's development journey and boost the...Launched as part of 'Projects of the 50', the program aims to accelerate the UAE's development journey and boost the economy
If an establishment undertakes fake Emiratisation, a fine of no less than AED20,000 and not more than AED100,000 for each Emirati employee will be imposed
The G77+China block of more than 130 developing nations called in a position paper for a special fund "for assisting...The need for such "loss and damage" financing, which has emerged as a make-or-break issue at COP27, is urgent, the largest negotiating bloc at the talks said
US and the EU have suggested that expanding current channels for climate finance might be a more efficient approach than creating a new one
The two Gulf countries play a major role in strengthening the economic and sustainable development in Indonesia, which is hosting...The two Gulf countries play a major role in strengthening the economic and sustainable development in Indonesia, which is hosting the 17th G20 Heads of State and Government Summit
Since 1976, the Kingdom, through the Saudi Fund for Development has contributed to strengthening the pillars of sustainable development in its various fields and forms in Indonesia
- US wholesale prices continued to rise in October but at a slower pace than in the prior month, according to...
The producer price index in US rose just 0.2 percent compared to September, the Labor Department reported.
Annual PPI in the US slowed to 8 percent in October, the data showed, down from 8.5 percent in the prior month.
- Settlement on opioid cases hit earnings of the firm.
The opioid crisis in the US - causing over 500,000 deaths over 20 years - triggered a flurry of lawsuits against drugmakers, distributors and pharmacies.
US pharmacy chains CVS Health and Walgreens similarly reached preliminary agreements this month to pay more than a total of $10 billion to resolve opioid claims.
