Riyadh, Saudi Arabia – Standard & Poor's (S&P) affirmed the Kingdom's credit rating in local and foreign currency at "A/A-1"...
The UAE, relying on domestic workers (5% of the population), invests $3 billion annually, highlighting the rising demand for domestic...
European and US stocks rose Tuesday, but gains were capped by economic slowdown fears and central bank efforts to contain...European and US stocks rose Tuesday, but gains were capped by economic slowdown fears and central bank efforts to contain surging inflation.
Frankfurt rebounded somewhat despite news that Germany's industrial orders slumped for the sixth consecutive month in July.
The Abu Dhabi Judicial Department (ADJD) has achieved a record surge in total notarization and authentication transactions carried out in...There were 13,000 notarization and authentication transactions operations in August.
The availability of multiple electronic options for submitting and completing transactions remotely helped in the increase.
UAE's Ministry of Health and Prevention (MoHAP) has taken part in the G20 Health Working Group (HWG3) meeting in Indonesia...The UAE ministry's delegation highlighted the importance of promoting solidarity among member states to better meet essential health needs.
The delegation said UAE is ready to cooperate with Indonesian officials to expand vaccine manufacturing and research hubs for pandemic prevention.
The Wyndham Grand Doha West Bay Beach, St. Regis Marsa Arabia Island and the Rixos Hotel Doha will soon unveil...The Wyndham Grand Doha West Bay Beach, St. Regis Marsa Arabia Island and the Rixos Hotel Doha will soon unveil an exciting range of culinary concepts
Being the host nation of the first-ever FIFA World Cup in the Gulf later this year, Qatar is using the event to fulfil its goal of attracting over 6 million visitors a year
"We want to attract startups and SMEs so they can prove themselves in the space industry and boost research projects”, Abdulla...The aim of the survey is to emphasize the scale of the space economy in the UAE and to measure its contribution to the country's global growth
It will also measure investment efforts in research and development, and the total spending on space exploration and projects
Prioritizing labor market reforms, boosting employment and ease of doing business is likely to make the Kingdom one of the...Prioritizing labor market reforms, boosting employment and ease of doing business is likely to make the Kingdom one of the world’s fastest-growing economies this year, says expert
As brands are looking at Saudi Arabia as their gateway in the Middle East, there is an expected influx of huge amount businesses looking to establish a commercial set up in Kingdom
The kingdom is the largest economy in the Middle East, making it a key market for any firm operating in...Until now, Saudi had shown a circumspect approach on virtual assets, as officials questioned the speculative nature of them.
With the emergence of UAE as a global crypto hub, Saudi displayed urgency to draft formal rules pertaining to the asset class.
- The move could irk the United States as it has pressed the group to increase output in order to bring...
The group left the door open to holding talks prior to its next scheduled meeting on October 5 "to address market developments, if necessary".
Saudi Energy Minister Prince Abdulaziz bin Salman says the decision demonstrated OPEC+ was ready to adjust production in both directions to achieve objectives.
- DUBAI, UAE - Dubai real estate market recorded 568 sales transactions worth US$373 million (AED1.37 billion) on Monday, data released...
Dubai real estate market recorded 568 sales transactions worth US$373 million on Monday.
The sales included 503 villas and apartments worth US$283 million and 65 land plots worth US$88 million.
Abu Dhabi National Oil Company (ADNOC) Monday announced the award of a US$548 million (AED2.01 billion) contract to build a...The award will increase the Lower Zakum field’s gas production capacity from 430 million to 700 million standard cubic feet per day.
The project will see the construction of a new subsea pipeline that will run 85 kilometers from Zakum West Super Complex to Das Island.
