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
Egypt’s wheat and oil reserves sufficient for several months, says minister
Cairo, Egypt-- Egypt has enough reserves of wheat to last it for many months, according to Dr. Ali Al-Moselhi, the...Business Economy
Growth in focus as UAE signs CEPAs with key nations
Since February this year, the Gulf country has inked Comprehensive Economic Partnership Agreements with India, Indonesia and Israel. Trade deal...Since February this year, the Gulf country has inked Comprehensive Economic Partnership Agreements with India, Indonesia and Israel.
This month, the country will sign its fourth CEPA with Colombia and is in negotiations with Turkey and several African and East Asian countries
Billions rely on wild species for food, fuel, income: UN
Overall, 50,000 species are used for food, energy, medicine, material and other purposes around the world, with more than 10,000...Wild plants, algae and fungi provide food and income for one in five people globally, the report said, while some 2.4 billion people rely on wood for cooking.
Illicit trade in wild species is estimated to be worth between $69 billion and $199 billion a year, the third largest illegal market after human trafficking and drugs.
UAE takes part in G20 Foreign Ministers’ meeting in Indonesia
UAE Minister of Foreign Affairs and International Cooperation Sheikh Abdullah bin Zayed Al Nahyan takes part in the G20 Foreign...The G20 foreign ministers meeting is keen to tackle global challenges to achieve stability and prosperity
Such meetings help in promoting international cooperation to achieve sustainable development goals
Metaverse is in the making since 90s: Expert
As a multidimensional world extending the physical realities of our current 4D world, it is rather a product of the...Metaverse is the product of a several waves of digitization and internet development since the 90s.
Metaverse will create new opportunities for new services and, in fact, new activities altogether.
World food prices fell in June but remain very high: FAO
World food prices, including for wheat, fell in June for a third month running despite remaining near an all-time high,...Export flow disruptions resulting from Russia's invasion of Ukraine on February 24 and international sanctions on Moscow have sparked fears of a global hunger crisis.
After a record spike in March due to the war, the FAO food price index -- a measure of the monthly change in international prices of a basket of food commodities --Â fell 2.3%.
Over 4,800 take part in Dubai corporate volunteering program
Over 4,800 employee volunteers participated in Dubai Chamber of Commerce’s 'Give & Gain 2022' initiative. Volunteers dedicated 17,460 hours across...Volunteers dedicated 17,460 hours across projects benefitting more than 147,000 individuals
The month-long event is part of Dubai Chamber of Commerce ENGAGE Dubai corporate volunteering program
Summer break, Eid push up Saudi air ticket prices
The kingdom, which has 15 domestic airports, is witnessing a significant increase in the prices of domestic flights, ranging between...Saudi Arabia's domestic airports are witnessing active travel due to the summer break and Eid al-Adha
There has been an increase in the prices of domestic flights tickets, ranging between 32% to 314%
Record exports help US trade deficit reach its lowest in 2022
The US trade deficit with China declined again, falling $2.8 billion to $32.2 billion in May, on another big drop...Surge in oil sales, natural gas and consumer goods pushed American exports up by $3 billion to $255.9 billion.
Multiple export categories set records, including industrial supplies, autos and parts, and also petroleum.
17 institutions win Real Estate Excellence Award in Sharjah
The Sharjah Real Estate Registration Department has announced that 17 institutions have won the Real Estate Excellence Award. The awards...Sharjah Real Estate Registration Department awards are part of a plan to make the emirate an attractive global destination
One of the plans are to attract investors and consolidate the emirate's position as a sustainable knowledge economy
Common Reporting Standards to be mandatory in UAE, says CBUAE
Common Reporting Standards is a global methodology for the automatic exchange of financial accounts and tax-related information with other financial...The CRS is a global method for the automatic exchange of accounts with other financial regulatory organizations across the world
The CBUAE is keen to comply with global standards as part of its mission to enhance monetary policy and financial stability
