Asia-Pacific markets traded higher on Thursday, following gains on Wall Street that saw the S&P 500 and Dow Jones Industrial...
Riyadh, Saudi Arabia - Riyadh is currently hosting the third Seasonal Dates Exhibition, a major economic, social, and tourist event....
With the rise in demand for low-carbon investments, investors issued $517 billion in green bonds last year, a 50 percent...With the rise in demand for low-carbon investments, investors issued $517 billion in green bonds last year, a 50 percent increase over 2020.
Sukuks cannot be used to finance illegal activities and are designed to avoid high levels of leverage and speculation, a new research highlights
Riyadh, Saudi Arabia - Saudi bank loans granted to public and private sectors grew 15 percent by the end of...Private-sector lending also increased by 15 percent year-on-year to SAR 2.241 trillion ($600 billion).
Loans granted to public non-financial institutions increased 26 percent YoY to SAR 117.1 billion ($31.14 billion).
- UAE Ministry of Culture and Youth participated in the UNESCO World Conference on Cultural Policies and Sustainable Development – MONDIACULT...
UAE Minister of Culture and Youth Noura bint Mohammed Al Kaabi participated in a UNESCO world conference in Mexico via video conference.
A delegation headed by Salem Al Qasimi, Permanent Delegate of the UAE to UNESCO, was present on the occasion.
- The kingdom recovered quickly from Covid-induced recession and is reaping the rewards of high global energy prices and increased energy...
The kingdom is set to be the fastest growing of the world’s largest economies in 2022, outpacing the Asian giants of China, India, Indonesia, South Korea and Taiwan.
It is expected to grow much faster than the struggling major economies in Western Europe and North America.
The Sharjah Chamber of Commerce and Industry (SCCI) has organized a forum to discuss ways to boost economic ties and...The forum witnessed bilateral meetings between business owners from Sharjah and Russia.
The chamber briefed the Russian trade mission on Sharjah’s business advantages and facilities.
- As the countdown to the start of the World Cug gets underway, Qatar has accelerated efforts to ready luxury hotels...
The wealthiest will pay thousands of dollars a night for rooms with marble wine cellars and a lobby with one of the world's biggest chandeliers
Some Qatari landlords are trying to cash in on the World Cup, demanding $4,000-plus a night for Doha apartments
- "The toll of destruction, damage, and dislocation in Ukraine is staggering and continues to grow," Anna Bjerde, the bank's regional...
The new funding came on the same day Russian President Putin formally announced the annexation of four Moscow-held areas of Ukraine.
The bank said it had already mobilized almost $13 billion in emergency funding for Ukraine, $11 billion of which had already been disbursed.
- The Nord Stream 2 pipeline is no longer leaking under the Baltic Sea because an equilibrium has been reached between...
While the pipelines are not currently in operation, they both still contained gas before they fell victim to apparent sabotage, producing four leaks.
All the leaks are in the Baltic Sea off the Danish island of Bornholm.
- Participants were taken on an immersive space journey to a detailed metaverse city on the Red Planet.
Participants were taken on an immersive space journey to a detailed metaverse city on the Red Planet
Senior executives from major corporations also discussed topics such as the relationship between the metaverse and gaming, retail, banking, and venture capital
The price of 90-octane gasoline and 95-octane gasoline will decrease by 60 fils in October.The price of 90-octane gasoline and 95-octane gasoline will decrease by 60 fils in October
The price of one litre of diesel and kerosene will sell at JD0.825 in October, instead of JD0.790
