- In a statement, issued on Saturday, it assessed the kingdom's short and long-term foreign and local currency sovereign credit ratings...
In a statement, issued on Saturday, it assessed the kingdom's short and long-term foreign and local currency sovereign credit ratings to A-/A-2
S&P expects the kingdom's GDP to grow to a ceiling of 7.5 percent in 2022 with an expected financial surplus in the state budget of about 6.3 percent
- Jebel Ali Free Zone (Jafza), facilitated over 1.2 million metric tonnes (MT) from Dubai’s total volume of around 4.8 million...
Jebel Ali Free Zone (Jafza) logistics infrastructure and global trade network have connected African, Asian and Middle Eastern traders to consumers globally.
With companies from 70 countries and a workforce of nearly 8,000, Jafza’s infrastructure and trade volumes are an attraction for industry giants.
- Oman Minister of Commerce along with a delegation met Saudi Arabia Minister of Industry where the two discussed industrial cooperation...
The two sides deliberated on Saudi Arabia's experience in managing and operating industrial cities.
The two sides discussed Made in Saudi program and the financing aspects.
- Two ships carrying reprocessed nuclear fuel destined for Japan set sail Saturday morning from northern France, an AFP photographer said,...
MOX fuel is a mixture of reprocessed plutonium and uranium.
Environmental activists have denounced the practice of transporting such highly radioactive materials, calling it irresponsible.
- The eighth World Green Economy Summit (WGES) will explore ways to improve global food security, sustainability of the food systems...
WGES brings together global decision-makers and influencers to share their experiences to mitigate global food crises.
The UAE plays a crucial role in addressing the issues relating to global food security.
- Speaker of the UAE Federal National Council (FNC) Saqr Ghobash discussed with Uruguay's Minister of Livestock, Agriculture and Fisheries Fernando...
The Speaker of the Federal National Council is leading a UAE parliamentary delegation on an official visit to Latin America from September 12 to 22.
The 10-day tour includes Brazil, Uruguay, Paraguay and Colombia and aims to promote strategic partnerships with the UAE.
- A major factor in bringing the world to this pass is the simultaneously hike in interest rates by central banks...
A major factor in bringing the world to this pass is the simultaneous hike in interest rates by central banks across the world to tame the inflation, the World Bank said
The study relies on insights from previous global recessions to analyze the recent evolution of economic activity and presents scenarios for 2022–24
- The drop comes as the exchange rate of the Egyptian pound is seeing a decline in light of the pressures...
Remittances from Egyptians working abroad are one of the most important sources of foreign exchange for the country, along with tourism, the Suez Canal, and exports
Expatriate remittances have increased since Egypt liberalized its currency exchange rate in November 2016 as part of economic reforms
- Sheikh Abdullah said that the UAE and Israel, since the signing of the Abraham Accords Peace Agreement, have established a...
Sheikh Abdullah said that the UAE and Israel, since the signing of the Abraham Accords Peace Agreement, have established a model for constructive cooperation
Lieberman welcomed the visit of Sheikh Abdullah and his accompanying delegation, stressing the importance of this visit in strengthening bilateral relations
- South Korea wants to strengthen its relations with the Middle East with a focus on high-tech industries, according to Seoul’s...
The focused hi-tech industries in the Middle East are energy, hydrogen, artificial intelligence and health.
The South Korean Foreign Minister said that they are trying to upgrade their ties with all the countries.





















