IsDB discusses collaboration with China’s ICBC and BOC
Jeddah, Saudi Arabia -- President of the Islamic Development Bank (IsDB) Muhammad Al-Jasser held today held discussions with senior officials...Economy
Bahrain Q4 2023 imports increase to US$3.92bn
MANAMA, BAHRAIN - The Information eGovernment Authority (iGA) has published its foreign trade report of Bahrain for Q4 2023, covering...Business Economy
9 licences issued over 13 years for Barakah Nuclear Power Plant: FANR report
The FANR has received 11 international review missions led by the International Atomic Energy Agency (IAEA)The FANR has received 11 international review missions led by the International Atomic Energy Agency (IAEA)
The report says the UAE is a party to over 13 international conventions, including 'The Comprehensive Safeguards Agreement'
UAE president calls for global collaboration at Biden’s climate summit
The UAE president emphasised that the UAE, as an active partner of the global community, is determined to hold a...The UAE president emphasised that the UAE, as an active partner of the global community, is determined to hold a COP28 in 2023
He highlighted the UAE’s investment of more than $50 billion in renewable energy projects across 40 countries
Halal tourism eyes recovery as COVID-19 norms ease
The recovery process of the sector remains fragile and could be disrupted by the ongoing war in Ukraine, fuel price...The recovery process of the sector may get disrupted by the ongoing Ukraine war, fuel price rise, and other potential health threats, say experts.
The pre-pandemic projection of 230 million arrivals by 2026 will now be reached in 2028 with an estimated expenditure of USD$225 billion, they add.
‘Delay in govt formation, budget approval to hit Iraq’s economy’
A report issued by the World Bank warns of the delay in forming a government in Iraq and of not...A World Bank report warns of the delay in forming a government in Iraq
Report warns of impact of budget's non approval on the country's economy
Venezuelan President calls on Qataris to invest in his country
President of Venezuela Nicolas Maduro, called on Qatari businessmen to invest in his country, to enjoy the benefits offered by...President of Venezuela Nicolas Maduro reviewed opportunities for tourism and investment cooperation
Maduro said his government has developed plans to promote 18 vital sectors for the economy
UAE highly values intellectual property system, fosters innovation: Al Marri
The UAE attaches great importance to developing the intellectual property (IP) system and encouraging innovators and creators and the country...UAE Minister of Economy Abdullah bin Touq Al Marri stated this during meetings with World Intellectual Property Organisation, UNCTAD, WEF officials.
The meetings were held on the sidelines of the UAE's participation in WTO's 12th Ministerial Conference (MC12) held recently in Geneva, Switzerland.
Saudi crown prince to visit Turkey on June 22: Turkish official
Saudi Crown Prince Mohammed bin Salman will visit Turkey on June 22, a Turkish official said on Friday. The details...Turkish President Recep Tayyip Erdogan had already paid a visit to Saudi Arabia in late April, where he met the prince before travelling to Mecca
According to the Turkish official, other details related to Saudi crown prince visit will be announced "over the weekend"
WTO strikes landmark deals package after tense talks
The World Trade Organization concluded hard-won deals Friday on fishing subsidies, food insecurity and Covid-19 vaccines in a landmark bundle...The ministerial conference also agreed on deals on e-commerce, responding to pandemics and reforming the organisation itself
The last ministerial conference in Buenos Aires in December 2017 was seen as a flop after failing to strike any heavyweight deals
Dubai records decade-high sales transactions in May
Mo’asher’s data for May highlights the continuous positive performance of Dubai's real estate sector throughout 2022.The emirate's real estate market recorded a total of 6,652 sales transactions in May 2022, a 52 percent increase in volume and a value growth by 66 percent
Mo’asher’s data for May highlights the continuous positive performance of Dubai's real estate sector throughout 2022
Fuel prices hit record highs in Morocco
Petrol prices rose to record highs in Morocco on Thursday, fuelling anger among unions who demanded the government of energy...Morocco has seen months of rising prices and growing calls for caps on energy firms' profits
The government has so far refused to reinstate fuel subsidies removed in 2015, but has doubled its budget for subsidising cooking gas
