‘Dubai reinforces global leadership in healthcare’
“Biomedical and health informatics professionals attending MedInfo 2027 will enjoy a world-class event in a thriving global city within close...Economy
Saudi insurance sector targets 25m beneficiaries by 2030
Riyadh, Saudi Arabia - Saudi Arabia saw an 18% surge in health insurance beneficiaries in 2022, reaching a total of...Economy
Ukraine-Russia war may affect Gulf food supply
The ongoing conflict will directly impact the Gulf and Arab countries since they import vast food items from the two...The Gulf states will be directly affected by the conflict as they depend on the two countries to meet a large proportion of their food requirements.
Experts, however, believe a severe food shortage crisis in the Gulf countries is unlikely to happen in the short term as they can absorb rising import costs
New South Wales displays agri-food innovations at Expo 2020
The Australian state of New South Wales (NSW) displayed its agri-food innovation and manufacturing capabilities to strengthen further its ties...New South Wales highlighted its prominent companies in agtech, food & beverages besides prime investment opportunities.
The event saw six NSW companies pitched their businesses to the buyers, investors, distributors and retailers present in the audience.
With Spanish funds, Lebanon plans to revive railway out of service since ’70s
Lebanon's transport minister has said that Spain will finance a plan to revive the railway network that has been out...Lebanon had a railway network since the end of the 19th century which connected Beirut to the Syrian capital Damascus.
It was built during Ottoman rule and inaugurated in 1895, operating until the devastating civil war begun 47 years ago.
Russia-Ukraine conflict: GCC can fill the energy gap
The Arab oil and gas producers are likely to close the gap that could arise from the disruption of oil...The Arab oil and gas producers are likely to close the gap that could arise from the disruption of oil flows from Russia, according to the Institute of International Finance
The brent oil prices surged to US$100 per barrel for the first time in eight years after Russia attacked Ukraine
Saudi Arabia overall export rose 62.6% y-o-y in December
GASTAT data said the value of exports amounted to SAR106.3 billion ($28.35 billion) in December 2021.The total value of exports amounted to SAR106.3 billion ($28.35 billion) in December 2021
This was up from the SAR65.3 billion ($17.41 billion) that Saudi Arabia had in December 2020
Russian central bank to intervene as ruble, Moscow exchange plummet
The ruble-dominated Moex index opened down 13.97 percent, while the dollar-dominated RTS was down 20.16 percent.The central bank measures are intended to provide ‘additional liquidity to the banking sector’ in Russia
This, as Western sanctions loom after the military operation announced by Vladimir Putin against Ukraine
Russia attack on Ukraine turns Europe eyes to Saudi Arabia, Qatar
Qatar and Saudi Arabia host American troops, but their economic and political relations with Russia have grown over the years.Russian gas accounts for about 40 percent of the European market, leaving it highly exposed to supply disruptions due to the conflict
A similar logic applies to the 2.3 million barrels of Russian crude that heads west each day through a network of pipelines
IMF official urges ‘deep reforms’ to Tunisian economy
Tunisia's debts have soared to nearly 100 percent of Gross Domestic Product.Tunisia's debts have soared to nearly 100 percent of Gross Domestic Product
Its GDP plunged by almost nine percent in 2020, the worst rate in North Africa
Lebanon turns to public libraries for entertainment as crisis drains joy
Weekly storytelling events are one of the last affordable pleasures in Lebanon, where a crashing local currency has rendered books...The cost of printing and buying books has soared in Lebanon, while the monthly minimum wage is currently valued at $32
All new books were priced in dollars, and therefore hit by the fluctuating exchange rate of the Lebanese pound
Oil price break $100 on Russian ‘military operation’ in Ukraine
According to the UN, a full-scale Russian invasion on Ukraine would have a devastating global impact that would likely spark...The crisis comes as governments struggle to contain runaway inflation fueled by demand as life returns after recent Covid-19 lockdowns,
World Markets have been hammered since a week as the Kremlin recognized Ukraine's rebellion and said it would provide "peacekeepers" to the regions
