While some sectors have largely regained their strength -- including tourism and the auto industry -- others are struggling, particularly...
Asia-Pacific markets were mixed on Monday after a week that saw a broad rally in stocks, as investors awaited a...
Negotiations in Vienna began in April 2021 to restore the deal, but have stalled for the past five months amid...Iran foreign ministry statement said that Iran hoped the opposing parties will seriously focus on resolving the remaining issues
Earlier, coordinator of the nuclear talks between Iran and world powers, Josep Borrell submitted a new draft text and urged all sides to accept it
Despite being among the world's top crude exporters and the largest Arab economy, Saudi Arabia has failed to balance its...The surplus is largely due to oil revenues rising to more than 250 billion riyals, compared to around 132 billion during the same period in 2021, a jump of 89 percent
In December, Saudi Arabia approved its 2022 budget projecting a surplus for the first time since oil prices slumped in 2014
GCC countries will witness a rise in their wealth between 2021 and 2026 after two years of challenging time due...GCC countries will witness a rise in their wealth between 2021 and 2026 after two years of challenging time due to the Covid-19 pandemic, a report points out
Equities and investment funds will account for 64 percent of total personal wealth in the UAE in 2021, says the report released by Boston Consulting Group
An Ethiopian delegation of 10 members, comprising decision-makers from the public and private sector, visited Dubai Chambers between July 25-...The delegates sought to review Dubai’s success in digital services, and discuss creating potential business partnerships
The visit included signing deals supporting the Digital Ethiopia 2025 strategy, and exchanging knowledge and expertise.
Its profit increased 186 percent in first six months of 2022Dubai Aerospace Enterprise reports 186% growth in profit in the first six months of 2022
DAE says cash flows from operating activities increased by 36 percent to $678.5 million.
The UAE’s citizens' housing segment in 2022 achieved significant regulatory progress and received massive financial allocation for federal, local plans...The UAE’s citizens' housing segment in 2022 achieved significant progress and got massive financial aid for federal and local plans
On May 9, the Cabinet adopted a federal housing loan policy to provide loans via partnerships with private sector and national banks.
The drop in oil prices came despite a move by the OPEC+ oil cartel, led by Saudi Arabia and Russia,...Oil prices finished about four percent lower following US energy data that showed unexpectedly weak gasoline demand
Gasoline demand last week was 8.5 million barrels per day, down almost 13 percent from the year-ago period, which is part of the peak summer driving season
The portside blast of haphazardly stored ammonium nitrate, one of the biggest non-nuclear explosions ever, killed more than 200 people,...Several heavily damaged grain silos that became a grim symbol of the disaster collapsed last week, and more are dangerously close to coming down, experts warn
Amnesty, HRW and other groups Wednesday relaunched an appeal to the United Nations to send a fact-finding mission on Beirut blast
The BoE is tipped to lift its main rate by 0.50 percentage points the biggest amount in more than a...The BoE, granted operational independence from the government over monetary policy in 1997, will reveal its latest rate decision at 1100 GMT on Thursday
Economists meanwhile argue that a large rate hike damages the nation's recovery from the coronavirus pandemic and risks the prospect of recession
This latest collaboration builds on existing joint ventures between the two companies.This latest collaboration builds on existing joint ventures between the two companies
The companies will discuss the establishment of a manufacturing hub in King Salman Energy Park
