Montreal, Canada--The International Civil Aviation Organisation (ICAO) projected that passenger air traffic levels will be around 2 percent higher In...
“Water is the fundamental element of life, enabling human societies to stabilize, develop civilizations, and achieve prosperity. Water is the...
Of recent, Islamic banking has been getting quite a boost from governments and financial institutions in the Gulf Cooperation Council.Islamic banks are prohibited from collecting or paying interest, which raises the question: How do they make a profit, or even stay in business?
The answer is that they make money through equity participation, which requires a borrower to give the bank a share of their profits
A grant of $2.4 million from the Japan Social Development Fund (JSDF) will help increase economic opportunities and improve the...The grant from Japan Social Development Fund will improve the lives of fragile communities along the Palestinian Heritage Trail across the West Bank.
The Palestinian territories have faced long-lasting instability, exacerbating macroeconomic volatility, and increasing unemployment for over a quarter of the population.
The non-oil private sector of Saudi Arabia has recorded more growth in March than it did in more than four...the seasonally adjusted S&P Global Saudi Arabia Purchasing Managers’ Index posted at 56.8 in March, rising from 56.2 in February, with the Output Index recording the highest growth
However, it highlighted that a sharp rise in global energy and commodity prices due to the Russia-Ukraine war had imposed an inflated cost burden on Saudi Arabian businesses
The country aims to produce 25 gigawatts (GW) of renewable solar and wind energy, which will be used to produce...The country aims to produce 25 gigawatts (GW) of renewable solar and wind energy, which will be used to produce over 1.5 million tons of carbon-free hydrogen per year.
Najla Zuhair Al Jamali, Executive Manager of Alternative Energy at OQ said that GEO is at the vanguard of mega-scale green fuels projects
Japan will provide humanitarian assistance, such as food provision, targeted at vulnerable Palestinians.Japan will provide humanitarian assistance, such as food provision, targeted at vulnerable Palestinians
The humanitarian situation in Gaza Strip has significantly deteriorated due to the COVID-19 pandemic and floods
The Saudidates platform is expected to help the center promote digital transformation and digitize markets and the entire sectors.The National Center for Palms and Dates in Saudi Arabia has launched a platform called Saudidates
The platform is one of the center’s projects to invest in the history and culture of the kingdom
- The wheat is being procured from Europe, North and South America, and Australia, and will arrive in Saudi Arabia from...
The Russian invasion of Ukraine has threatened the food supply of not just Saudi Arabia but the entire Middle East and North Africa region
Saudi Arabia buys wheat, beef, and milk from both Ukraine and Russia and relies on them for various products, particularly agricultural products
Iran's oil production capacity has returned to the same level as prior to the reimposition of sanctions in 2018, when..."Oil production has reached pre-sanctions figures, despite economic pressures," said Mohsen Khojastehmehr, CEO of the National Iranian Oil Company
In a monthly report, the OPEC group of oil-producing countries estimated that Iran produced 2.54 bpd of oil in February
Dubai Future Foundation (DFF) has announced the launch of a new, first-of-its-kind initiative in the region to encourage and support...The challenge is to utilize the latest technologies and innovations and contribute to the development of a quality and innovative experience for luxury brand customers.
The challenge is part of the Future of Luxury Retail start-up incubation program, organized by Dubai Future Accelerators, an initiative by the DFF.
- In the first official admission, Saadeh al-Shami said the losses have occurred and the government will try to reduce losses...
Lebanon has been grappling with an unprecedented economic that the World Bank says is usually of scale associated with full-scale wars.
The country’s currency has lost 90 percent of its value, making it difficult for people to access basic necessities. Lebanon has not been able to afford consistent fuel imports.
