Stock markets fell and oil prices climbed Tuesday on growing fears of a wider war in the Middle East after...
The UAE especially has become a regional hub for remote work, attracting digital nomads and businesses with its visa programs.
Up to three million workers could observe the strike, shuttering 159 state agencies and public companies and bringing public transport,...Up to 3 million workers could observe the strike, shuttering 159 state agencies, public companies and bringing public transport to a halt
In a statement on Wednesday, the UGTT union said workers would hold this strike to defend their economic and social rights
Taking a cue from US Federal Reserve's decision to hike interest rate, Saudi Arabia, the UAE, and Bahrain have raised...The Saudi central bank raised repo rate by 0.5 percent to 2.25 percent from a previous 1.75 percent, and the reverse repurchase agreement (reverse repo) rate by 0.5 percent
The UAE was quick to follow Saudi Arabia in hiking interest rate
The US Federal Reserve announced the most aggressive interest rate increase in nearly 30 years on Wednesday, and said it is...The Fed's policy-setting Federal Open Market Committee raised the benchmark borrowing rate to a range of 1.5-1.75 percent, up from zero at the start of the year
Biden has endorsed the Fed's effort and is hoping for success as his Democrats face the possibility of losing control of Congress in key midterm elections in November
The Bank of England is expected on Thursday to raise its key interest rate for a fifth straight time to...Some experts predict an even higher increase, mirroring aggressive rate-tightening by the Federal Reserve
UK inflation stands at nine percent, the highest level in 40 years, and is forecast to keep rising
- Aramco publishes its first sustainability report which outlines ways in which the company plans to further tackle emissions while delivering...
The report provides information on Aramco's efforts to support the broader energy transition
Aramco expects to update the sustainability report on an annual basis
OIC has set a target of 25 percent trade among member states in the next three years by 2025 and...Organization of Islamic Cooperation has set a target of 25 percent trade among member states by 2025
Biennial general trade fair is vital for promotion of trade and services among OIC member states
Industry Development Council meeting reviews recommendations made at the first meeting, progress in implementing them and discusses the development of...Industry Development Council recommends launching unified platform for industrial data
The council reviews suggestions made at first meeting, reflects on progress in implementing them
The World Trade Organization's ministerial conference will run over into a fifth day on Thursday in the hope of striking...The global trade body only takes decisions by consensus and its 164 members all need to agree if anything is to get passed.
India all but sank the WTO's bid to net a long-sought deal on curbing harmful fishing subsidies late Tuesday, insisting it would not sign up without a 25-year exemption.
- UAE's Ministry of Economy said the "decision comes in view of the international developments that have affected trade flows and...
Companies that want to export/re-export wheat and wheat flour varieties imported into the country before 13t May need to seek the ministry's permission.
The firms must submit to the ministry all documents and files that help verify the data regarding the shipment in terms of its origin, date of transaction.
Dozens of aid groups Tuesday urged the United Nations Security Council to renew a resolution allowing aid deliveries to millions...Russia, an ally of the government in Damascus, has threatened to use its Security Council veto power to block the resolution's renewal
Russia has argued aid can instead transit via Damascus-controlled parts of the country across conflict lines
