25,647 new economic licenses issued in Abu Dhabi in 2023, says ADDED report
ABU DHABI, UAE - The Abu Dhabi's “Business Activity Report” for the year 2023, issued by the Abu Dhabi Department...Business Economy
Total market value of Saudi stocks hits $2.97 trillion
Riyadh, Saudi Arabia - The total market value of the primary Saudi stock market, represented by the All Tadawul Share...Economy
Saudi Arabia, US sign 18 agreements in key sectors
The agreements -- covering space, investment, energy, communications and health -- aim to strengthen bilateral relations between the two countries.The agreements -- covering space, investment, energy, communications and health -- aim to strengthen bilateral relations between the two countries.
The deals include 13 agreements made with the Ministry of Investment, the Royal Commission for Jubail and Yanbu and numerous private sector firms
EU car sales down 14 percent in H1 as supply shortages persist
EU auto sales slumped by 14 percent in the first half of this year, data showed Friday, as supply shortages...With the lack of computer chips still hobbling production, new auto sales slumped to 4.6 million in the European Union.
Sales in Italy tumbled by 22.7 percent, by 16.3 percent in France, 11 percent in Germany and 10.7 percent in Spain.
US stocks rise on strong retail sales, positive Citigroup results
Wall Street stocks rose early Friday as markets cheered unexpectedly strong US retail sales and better-than-expected results from Citigroup. After...About 35 minutes into trading, the Dow Jones Industrial Average was up 1.5 percent at 31,074.83.
Among individual companies, Citigroup surged 7.8 percent after reporting better-than-expected earnings.
G20 finance ministers, top bankers warn of energy crisis
Other issues to be tackled by the ministers include digital financial inclusion –- with more than a billion of the...The two-day meeting on the resort island of Bali started under the shadow of a war that has roiled markets, spiked food prices
Top global finance figures, including US Treasury Secretary Janet Yellen, will discuss the rebound from the coronavirus pandemic
Jordan’s minister holds series of meetings with UN officials
Jordan's Minister of Planning and International Cooperation Nasser Shraideh held a series of meetings at the High Level Political Forum...The Jordanian minister met with several senior UN officials and presented the country's 2nd Voluntary National Review
The minister briefed the UN officials on social and economic challenges facing the Kingdom
Chairman, CEO of Expo City Dubai Authority appointed
Vice President and Prime Minister of the UAE Sheikh Mohammed bin Rashid Al Maktoum, in his capacity as the Ruler...Expo City Dubai Authority seeks to reinforce Dubai's position as a leading destination for global exhibitions
The Authority will facilitate sharing of knowledge and experiences related to the management and organization of major events
RAK non-oil foreign trade sees 14% hike in 2021
Exports accounted for the largest portion of the emirate's total non-oil foreign trade, reaching 57 percent, at AED 9.539 billion.Exports accounted for the largest portion of the emirate's total non-oil foreign trade, reaching 57 percent, at AED 9.539 billion
This is followed by imports, which accounted for 35 percent of the total, amounting to AED 5.97 billion
Saudi Arabia opens airspace to ‘all carriers’, including Israeli airlines
Saudi Arabia announced Friday it was lifting restrictions on "all carriers" using its airspace, an apparent gesture of openness towards...The decision was made "to complement the Kingdom's efforts aimed at consolidating its position as a global hub connecting three continents"
Israel has been pushing for the overflight rights to shorten links to destinations in Asia.
Reforms make Dubai region’s most open realty market
Revised lending norms, focus on sustainability and improved digital services and data availability help the emirate advance in JLL's Global...Lending reforms, focus on sustainability and improved digital services and data availability help the emirate advance in JLL's Global Real Estate Transparency Index
Despite moving up one spot in the global rankings, Abu Dhabi is still classified as having 'Partial Transparency' in its governmental practices, the JLL index points out
UAE, Türkiye discuss enhancing relations in various sectors
A UAE delegation led by Minister of Industry and Advanced Technology Dr Sultan bin Ahmed Al Jaber has concluded a...A UAE delegation led by Minister of Industry and Advanced Technology was on a two-day visit to Türkiye aimed at enhancing cooperation
The visit included meetings with senior government and private sectors officials as well as a UAE-Türkiye Investment Workshop
