GCC countries are prioritizing actions like near-shoring, international partnerships, and technology adoption to ensure supply chain adaptability and responsiveness, says...
Oil prices surged more than three percent in early Asian trade, and Asian stock markets slumped by over 3 percent...
Saudi Arabia has consolidated its position in the Arab world as the largest economy, posting a domestic output of $833.5...The UAE was the second largest Arab economy, with $410 billion — 14.6 percent of the total
Egypt ranked third, with a production of $402.8 billion
Saudi Minister Bandar bin Ibrahim Alkhorayef said that the targeted pharmaceutical sectors whose value exceeds US$5 billion will be implemented...Saudi Minister Bandar bin Ibrahim Alkhorayef said that the targeted pharmaceutical sectors whose value exceeds US$5 billion will be implemented in several stages
The second phase, the minster said, will focus on localising immunological and cancer treatments technologies
A Katyusha rocket struck near an Emirati-owned gas complex in northern Iraq on Friday, a local official said, the second...The rocket targeted the Khor Mor gas complex in the autonomous Kurdistan region without causing any injuries or damage
Energy infrastructure in the autonomous Kurdish region of northern Iraq has come under repeated attack in recent weeks
With inflation rising sharply, and the Federal Reserve raising interest rates, the United States is facing an increased risk of...The Washington-based crisis lender again slashed its US growth forecast to 2.9%, from the 3.7% forecast in April
The Fed last week implemented the biggest increase in its benchmark lending rate in nearly 30 years, as part of its aggressive effort to quell inflation
A delegation from the Abu Dhabi Department of Energy (DoE) is visiting Canada to meet senior government officials and stakeholders...Department of Energy officials in Canada showcase Abu Dhabi’s experience in promoting energy efficiency and sustainability
The officials discuss opportunities for collaboration in energy efficiency and advanced clean energy solutions
The Kingdom of Saudi Arabia has signed a joint cooperation agreement in maritime transport with the Republic of Djibouti which...The maritime transport pact between Saudi Arabia and Djibouti aim to strengthen relations at the strategic level
The agreement aims to open new horizons for cooperation in various fields between the two countries
The two-day 'Make it in the Emirates' event hosted by Abu Dhabi, highlight the UAE's capacity to ensure the growth...The two-day ‘Make it in the Emirates' event highlight the UAE's capacity to ensure the growth of national industry
The event helps in identifying a number of products the country will depend on in the coming years
The OPEC Fund has partnered with Pakistan since 1976 and provided US$ 925 million financing in public and private sector...The OPEC Fund has partnered with Pakistan since 1976 and provided US$ 925 million financing in public and private sector loans
While boosting Pakistan’s capacity to produce clean energy, the dam will also contribute to the development of the Khyber Pakhtunkhwa
Marine pollution has worsened in recent years in Gaza, where insufficient wastewater solutions have turned the Mediterranean into a dump.Marine pollution has worsened in recent years in Gaza, where insufficient wastewater solutions have turned the Mediterranean into a dump
The problem has been further exacerbated by the dilapidated infrastructure of the impoverished and overcrowded enclave
- The UAE also emerged 17th globally in terms of FDI outflows that totaled $22.5 billion in 2021, a 19% growth...
The UAE also emerged 17th globally in terms of FDI outflows that totaled $22.5 billion in 2021, a 19% growth compared to the year 2020
The report, which compares FDI performance of countries in 2021 with that of 2020, noted that in 2021, the UAE attracted $20.7 billion worth of FDI
