Saudi Arabia anticipates a budget deficit of 2.3 percent of GDP in 2025. Estimates put total government revenues for 2025...
Major airlines such as Emirates, Qatar Airways and Air France have suspended growing numbers of flights to Lebanon as tensions...
This is a widespread corporate practice researchers call "redirecting responsibility" in which individual behavior, rather than the actions of governments...Entitled "Three Shades of Green(washing)," the report released during New York's Climate Week found that only one in five "green" car ads actually present a product for sale
Silvia Pastorelli, a Greenpeace campaigner, said in a statement that the report highlighted techniques that had been "hiding in plain sight."
The tour came within the framework of the kingdom’s efforts to promote tourism destinations, attract tourists from the region and...The tour came within the framework of the kingdom’s efforts to promote tourism destinations, attract tourists from the region and regional markets
Earlier, Saudi Arabia passed a new tourism law which is expected to accelerate the development of an internationally competitive tourism sector
The United States Secretary of State Antony Blinken said the US is supporting Lebanon through its incredibly challenging economic issues.The United States Secretary of State Antony Blinken said the US is supporting Lebanon through its incredibly challenging economic issues
Prime minister Mikati thanked Blinken for his support and the opportunity to talk about Lebanon’s problems.
- The centre’s data showed that non-oil GDP at constant prices grew by 5.8 percent to $0.33 trillion in 2021, compared...
The centre’s data showed that non-oil GDP at constant prices grew by 5.8 percent to $0.33 trillion in 2021, compared to around $0.27 trillion in 2020
According to the FCSC, the contribution of extractive industries, such as crude oil and natural gas, to GDP at fixed prices fell from 28.7 percent in 2020 to 27.4 percent in 2021
Health remains key focus as the UAE capital leads global bid to combat the pandemic, as evidenced by its role...Health remains key focus as the UAE capital leads global bid to combat the pandemic, as evidenced by its role in clinical trials for COVID-19 vaccines and therapeutic innovations
Abu Dhabi has been again named the world's top pandemic-resilient city in 2022 in appreciation of its sophisticated and robust healthcare infrastructure, commitment and leadership
- China's growth forecast for 2022 was reduced to 3.3 percent from 5.0 percent, as Beijing pursues a zero-Covid strategy that...
ADB chief economist Albert Park warned "risks loom large" for the region's outlook and urged governments to remain "vigilant."
The bank also raised its inflation forecast to 4.5 percent from 3.7 percent, as Russia's invasion of Ukraine and supply chain disruptions drive up food and energy prices
Some of the greatest minds in the aviation industry took to the stage at this year’s Global Aviation Conference in...Air passenger numbers are expected to exceed 80 percent of pre-pandemic levels this year.
The surge would be driven by strong pent-up demand, eased travel restrictions, and growing employment rates.
New York, USA - UAE, France and India have discussed the need for enhancing global cooperation to counter energy and...Foreign ministers of the three countries reviewed it as they met on the sidelines of UNGA's 77th session.
The three ministers discussed enhancing global cooperation in facing issues like energy and food security.
Putin accused the European Union of blocking 300,000 tons of Russian fertilizer from reaching the world's poorest countries. "Our offer......In July, an agreement was signed which allowed Russia to export its agricultural products and fertilizer despite Western sanctions.
The West imposed a litany of sanctions on Russia after it sent troops into Ukraine on February 24.
- Oil giant Saudi Aramco's chief blasted "unrealistic" energy transition plans, calling for a "new global energy consensus", including ramped-up investments...
Aramco unveiled record profits of US$48.4 billion in Q2 of 2022 after Russia's invasion of Ukraine and a post-pandemic surge in demand sent crude prices soaring.
One of the reasons for energy crisis is declining oil and gas investments, the Aramco chief said.
