- For most of Gaza's 2.3 million residents, living under a 15-year-old Israeli blockade, power cuts are a daily fact of...
Gaza bakery owner Bishara Shehadeh began the switch to solar this summer, by placing hundreds of gleaming panels on his rooftop
Green energy advocates say that solar energy is a vision for a global future as the world faces the perils of climate change and rising energy costs
- The jump comes after both main contracts suffered hefty losses in recent months on demand fears caused by an expected...
WTI climbed 3.3 percent to $82.12 and Brent also piled on 3.3 percent to $87.94 ahead of a meeting of the group this week in Vienna
The reduction in production -- which delegates to OPEC said had not been finalized -- would be the biggest since the pandemic began when crude prices collapsed
- Saudi Arabia hosted a meeting of the GCC Financial and Economic Cooperation Committee to broaden economic cooperation among the GCC...
The meeting was held under the chairmanship of Minister of Finance Mohammed bin Abdullah Al-Jadaan
It reviewed a host of issues related to enhancing financial and economic cooperation among the GCC countries besides discussing the impact of the world economic crisis
- IMF expects the Kingdom to become one of the world's fastest-growing economies, recording a growth of 7.6% this year
IMF expects the Kingdom to become one of the world's fastest-growing economies, recording a growth of 7.6% this year
Credit rating agency S&P has already affirmed Saudi Arabia’s rating at “A-/A-2” with a positive outlook citing higher oil revenues
- 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





















