China remains world’s largest logistics market in terms of demand
BEIJING, CHINA - The logistics sector in the country achieved steady recovery in 2023 and the country remains the world's...Business Economy
France flooded with applications for electric car leasing scheme
Paris, France - The French government has been flooded with applications from low-income households to lease a subsidized electric car from...Business Economy Energy Climate Change
SALIC gets Saudi Grains Organization contract to supply wheat
The amount awarded represents 20 percent of the total allocated to investors abroad, Governor of SAGO, Ahmad Al-Fare said.The SALIC, owned by the Public Investment Fund, was established in 2011 to secure food supplies for the Kingdom
The amount awarded represents 20 percent of the total allocated to investors abroad, Governor of SAGO, Ahmad Al-Fare said
Egypt to sign wheat-for-goods swap deal with India to fight shortage
Moses Elhy met with the Indian ambassador to Egypt on Wednesday to discuss the potential swap agreement for 500,000 tons...Moses Elhy met with the Indian ambassador to Egypt on Wednesday to discuss the potential swap agreement for 500,000 tons of wheat
The Egyptian government has also in talks with the UAE, the US and western Europe in a bid to ease potential shortages
Govt says 200 Qatari nationals got jobs in private firms in May
The Labor Ministry has made a lot of efforts to ensure that Qatari nationals get employment in private sector companies...10 companies and institutions had cooperated with Labor Ministry to employ Qatari nationals in May
Since January 729 Qatari nationals have been employed in private sector companies and institutions
Saudi Arabia aims to triple foreign tourism in 2022: Minister
Saudi Arabia aims to triple foreign tourism this year as pandemic restrictions ease, hajj pilgrims return and the first elements...The kingdom inaugurated tourist visas in September 2019, just months before the coronavirus pandemic decimated the industry globally.
An uptick in domestic travel in 2020 and 2021 –- authorities tallied a record 64 million "domestic visits" last year –- helped save the nascent Saudi tourism sector from collapse.
Jordan’s wholesale price index up 5.6 percent as fuel, mineral prices surge
Jordan’s wholesale price index in Q1 2022 increased by 5.66 percent, reaching 102.64 points against 97.14 during the same period...The wholesale price index in the first quarter of 2022 went up by 2.08 percent compared to the fourth quarter of 2021.
The boost in price of machine trade and their supplies by 5.33 percent or 0.49 points played a role in the index increase.
Jordan’s energy ministry signs two MoUs for copper, gold exploration
The Ministry of Energy and Mineral Resources on Sunday inked an MoU with a local company to explore for copper...The Jordan Integrated Mining and Exploration Company will conduct a 16-month copper exploration of a 78-square-kilometre area.
The Turkish "Solvest Trade and Industry Limited Company" will conduct a 14-month gold exploration in the Abu Khashiba Valley.
Kuwait backs Turkish-Arab foray into job-oriented philanthropy
Kuwait's Ambassador to Turkey and several Kuwaiti organizations have supported the concept of Core IstanbulKuwait Islamic Charity Organization backs Core Istanbul for its initiative to help young people get jobs
The concept of Core Istanbul is called as a more business-oriented approach towards philanthropy
Interior Ministry launches Makkah Route Initiative in 5 countries
Makkah Route Initiative aims to complete procedures in pilgrims countries with ease including issuing visa electronically, taking biometrics, completion of...Makkah Route Initiative launched as part of Pilgrim Experience Program under the Saudi Vision 2030
The Initiative has been launched in Pakistan, Malaysia, Indonesia, Morocco and Bangladesh
Bosphorus sea trade remains undaunted by Ukraine war
At the gates of the Black Sea, trade is in full swing as freighters and oil tankers sail from the...After an embargo on Russian imports, tankers with Greek or Maltese flags sail through Bosphorus up to the Black Sea to the Russian ports
Russian Foreign Minister will visit Turkey to discuss establishment of "sea corridors"
Oman, Iran sign deals on oil field, two gas pipelines along maritime border
The two countries signed deals to develop two gas pipelines and an oil field along their maritime border, Oman's energy...The two sides have signed memoranda of understanding concerning oil and gas, but did not provide details
A deal was reached about two decades ago to allow Iran to supply Oman with gas, but the project never materialised
