US consumer inflation jumps more than expected to 3.4 percent
Washington, US - Consumer inflation in the United States rose more than anticipated in December, government data showed Thursday, underscoring the...Economy
World adds 50% more renewable energy capacity in 2023
The International Energy Agency said that the renewable energy capacity added to energy systems went up 50 percent in 2023,...Economy Energy
Syria approves law tightening freedom of speech
The latest move follows months of growing discontent in Syria over a spiraling economic crisis.Syrians living in the country will be jailed for 6 months if they publicize news that could improve an enemy state's image and damage the state's reputation
The new law, signed by President Bashar Al Assad, prohibits citizen of Syria from the cession of Syrian territory with a punishment of one-year imprisonment
Gulf region will boost global clean energy security: Al Kaabi
Mubadala’s UAE Investment chief Musabbeh Al Kaabi said on Monday that the Gulf region will play an increasingly important role...Al Kaabi affirmed that governments must develop initiatives to mitigate supply chain challenges to meet net-zero carbon targets
He noted that global energy security will extend beyond oil as the UAE and its neighbours’ transition to become leaders in clean energy production
Smartphones, net speed fuel Saudi ecommerce boom
Pablo Martinez, Managing Director and Senior Partner at the Boston Consulting Group, sheds light on what lies ahead for the...In 2020, the Saudi ecommerce accounted for only 6% of overall retail sales, while major markets contributed 18%
Only a small set of online retailers in influential cities of the kingdom offers same-day delivery, a standard in developed markets
Oman, Sri Lanka to cooperate in economy, trade and investment
Oman and Sri Lanka have discussed economic and trade cooperation. In this connection, Saleh Said Masan, Undersecretary for Commerce and...The two sides explored aspects of the joint cooperation, economic diversification sectors and the investment and trade environment.
They discussed aspects of cooperation in the economy and industry sectors, logistics, ports and investment opportunities in both countries.
Day 1 of Global Entrepreneurship Congress: Pacts worth $4.2 bn signed
A total of 33 agreements besides several investments worth more than $4.2 billion were signed on the first day of...These are aimed at supporting entrepreneurship in various fields and enhancing the Kingdom’s status as an attractive environment for pioneers, innovators and creators.
Saudi Aramco signed 10 memoranda of cooperation and two agreements with local and international firms in digital transformation, information technology, and national development.
Sharjah Chamber, Guatemala ink MoU to fortify economic cooperation
The MoU aims to strengthen trade relations and develop mutual cooperation, encourage and facilitate economic cooperation between business communities in...The MoU aims to strengthen trade relations and develop mutual cooperation, encourage and facilitate economic cooperation between business communities in both countries
The two sides shall encourage the exchange of trade delegations and discussions in the fields of export and economy and support follow-up visits in this regard
Qatar, France look to enhance cooperation in labor
The deal was signed on Sunday, March 27, in cooperation with the International Labor Organization.The memorandum comes within the framework of the cooperation strategy implemented by Qatar with various governments and global organizations
It reportedly aims to enhance cooperation between the Ministry of Labor and the French government in cooperation with the ILO in the fields of labor
Jordan announces Ramadan working hours for public sector
In a circular, Prime Minister Bisher Khasawneh called for observing the sanctity of the holy month.In a circular, Prime Minister Bisher Khasawneh called for observing the sanctity of the holy month
In a circular, Prime Minister Bisher Khasawneh called for observing the sanctity of the holy month.
Where does fisheries stand in UAE economy?
The fisheries sector in the UAE has changed quite a bit over the past two decades, with a pointed move...The UAE has been striving to achieve food security through several of its initiatives
It has also been looking to achieve a degree of sustainability in the fisheries sector
How can UAE firms adapt to corporate tax?
Now entities that typically have strong brand equity, control over distribution, and very few competitors, have a competitive edge that...Generally, businesses react negatively to any tax announcement, like the UAE’s corporate tax
However, companies within the UAE might themselves benefit the most from such a tax
