he COP29 climate talks open Monday in Azerbaijan, under the long shadow cast by Donald Trump's re-election. Trump has pledged...
35 percent of CEOs worldwide identify #inflation as the most critical #economic issue facing their countries, followed by boosting #consumer...
The International Energy Agency has said that global carbon dioxide emissions from fossil fuel combustion will grow just one percent...The increase was far smaller than the two-billion-tonne jump the world experienced last year as countries turned to fossil fuels to power their Covid-19 recoveries
The IEA analysis showed that solar photovoltaic and wind capacity grew by more than 700 terawatt-hours in 2022, the largest single year rise on record
Subsidies on basic goods are a highly sensitive political issue in Tunisia, where a public finance crisis has caused repeated...The national bakery owners' union said some 3,200 of their businesses had closed, representing 95 percent of the North African country's state-backed bread-makers
The bakers are demanding payment of 14 months of overdue subsidies, adding up to around 250 million dinars (nearly $78 million)
With German inflation running at a record 10 percent, supermarket giants are pushing back against what they see as unreasonable...But retailers in Europe's top economy say they are protecting customers' purchasing power at a difficult time, and that price hikes of up to 30 percent in some cases are overblown.
Edeka and Rewe, two of Germany's biggest supermarket chains, have stopped getting delivery of around 300 products from the Mars company, known for its Twix and Snickers bars.
The strategy aims to diversify the kingdom's economy and increase GDP and non-oil exports by promoting industry and attracting investment.The strategy aims to diversify the kingdom's economy and increase GDP and non-oil exports by promoting industry and attracting investment
The policy also intends to raise the number of factories in the kingdom from 10,640 at the moment to 36,000 by 2035
The decision to make the biggest-ever dip into the emergency oil reserves -- usually kept for responding to situations such...New tranche of oil from the Strategic Petroleum Reserve will be "completing the 180 million barrel release authorized in the spring," in response to price hikes
Major energy exporter Russia was hit with US and European sanctions soon after it invaded Ukraine in February, causing turmoil on markets
Thick black smoke sometimes billows from its red-and-white chimneys, leaving a grey haze in the air above the Zouk Mikael...A Greenpeace study found that the surrounding Jounieh area ranked fifth in the Arab world and 23rd globally for cities most contaminated by nitrogen dioxide
The environmental group's 2018 study singled out the Zouk plant, built in the 1940s, as well as cars on a busy motorway and privately owned electricity generators
- The palm tree-styled street lamps and neon office blocks that line the highway from the expanded international airport to central...
Gleaming new stadiums that cost more than $6.5 billion are ready, and a driver-less metro system with a price tag of $36 billion serves five of the eight venues
FIFA has lauded Qatar's preparations and the eight stadiums designed to highlight Arabic tradition and culture
The Money Supply aggregate M2 increased by 1.4 percent from $437 billion at July end to $443 billion at the...The Money Supply aggregate M2 increased by 1.4 percent from $437 billion at July end to $443 billion at the end of August
The Money Supply aggregate M3 also rose by 2.4 percent from $535 billion at July end to $549 billion at August end
- Minister of State for International Cooperation Reem bint Ebrahim Al Hashimy said the UAE's continued efforts to mitigate the humanitarian...
Minister of State for International Cooperation Reem bint Ebrahim Al Hashimy said the UAE's continued efforts to mitigate the humanitarian impact of the Ukraine crisis
Al Hashimy added that the UAE has provided similar aid in recent months to Ukrainian refugees in Poland and Moldova
Beyond oil and gas, Gulf companies have made some strategic investments in sectors with strong potential for growth, including fintech,...GCC and Asian countries are benefitting from technological advancements, which has potential to make cross-border trade more efficient, inclusive and equitable for SMBs.
Gulf countries, led by the UAE and Saudi Arabia, have been investing in Asian technology companies and incentivizing them to launch operations in the region, says an expert.
