New York is the richest city in the world, with 359,500 millionaires and 60 billionaires, although the Bay Area of...
GCC countries are prioritizing actions like near-shoring, international partnerships, and technology adoption to ensure supply chain adaptability and responsiveness, says...
UAE Minister of Industry and Advanced Technology Dr Sultan bin Ahmed Al Jaber said the country continues to empower the...UAE empowers the industrial sector and increase its competitiveness by leveraging its resources, advantages and capabilities
The strategy will support national industrial growth, nurture and empower Emirati talent, create a smart circular economy
Industrial sector performs key role in Abu Dhabi’s economy and a new industrial financing entity will soon be established for...ADDED chairman says a new industrial financing entity will soon be established for large industries and SMEs
He said initiatives such as reducing electricity, water and gas tariffs have been launched to attract investments
- A new industrial financing entity will soon be established in Abu Dhabi to finance large industries and small and medium-sized...
The entity will finance large industries and SMEs as industrial financing requires the establishment of new frameworks, Al Hammadi said.
Abu Dhabi's industrial sector contributed about AED 83.5 billion to the emirate's GDP in 2021.
Syrian phosphates used for fertiliser are being exported to Europe in bulk, benefitting a Russian firm and the sanctions-hit Damascus...The regime in Syria has since 2015 been heavily backed by Russia in its long-running civil war
The trade is growing fast as the war in Ukraine drives up fertiliser and phosphate prices
- Many Gulf countries have set up electronic platforms to localize government and private sector jobs to reduce the national unemployment...
Many Gulf countries have set up electronic platforms to localize govt and private sector jobs to deal with national unemployment.
These platforms provide residents with quick and accessible electronic services for applying for government and private sector jobs.
- The world's largest economy has been battered for months by a cresting inflation wave, made more painful by the surge...
The personal consumption expenditures (PCE) price index rose 6.3 percent compared to May 2021.
Excluding volatile food and energy prices, PCE rose 0.3 percent in the month, the same as in April.
- The UAE and South Korea sign an agreement to launch a joint cooperation program to support entrepreneurs and SMEs. During...
The UAE and South Korea sign an agreement to launch a joint cooperation program to support entrepreneurs and SMEs
During the 11-month program, the two sides will discuss and cooperate in entrepreneurship and SME development
Jordan's Minister of Foreign Affairs and Expatriates has called for concrete and effective steps to address the effects of the...Jordan's foreign minister calls for concrete steps to deal with the effects of Ukraine crisis on food security, energy prices and supply chains
The minister reviews the Kingdom's relations with NATO and Jordan's role in the 'Mediterranean Dialogue' group since 1995
- The United States and the Taliban plan talks Thursday in Qatar on unlocking some of Afghanistan's reserves following a devastating...
White House said it is working "urgently" on the effort to release Afghan's frozen funds
Washington at the time froze $7 billion in reserves and the international community halted billions in direct aid to Afghanistan
Asian and European stock markets nursed losses Wednesday on resurgent fears that sharp interest rate hikes aimed at tackling runaway...Bourses in Paris, Frankfurt, Tokyo, and Hong Kong all lost around one percent or more, taking their cues from Tuesday's rout on Wall Street
Updated first quarter US GDP data released Wednesday chopped the personal consumption growth figure to 1.8 percent, from 3.1 percent
