BRUSSELS, BELGIUM – In the fourth quarter of 2023, the EU imported US$120.5 billion (€111.3 billion) worth of energy products...
MOSCOW, RUSSIA – Russia's central bank held interest rates unchanged on Friday as Moscow's military offensive on Ukraine has led to...
Britain could build up to seven new nuclear power plants by 2050, as well as offshore wind to diversify energy sources,...Britain has set itself a target of carbon neutrality by 2050 and the government could publish a delayed new energy security strategy
About 21 per cent of Britain's electricity comes from 15 nuclear reactors today, according to Energy UK trade association
Bahrain’s Ministry of Industry, Commerce, and Tourism has announced that big shipments of tomatoes would arrive within the next few...Bahrain’s Ministry of Industry, Commerce, and Tourism has said it is closely monitoring the availability of products in the central markets
The ministry is looking to ensure that there are multiple options for basic food products, such as fruits and vegetables, at the usual prices
Lebanon is grappling with an unprecedented financial crisis that the World Bank says is of a scale usually associated with...Lebanon’s crisis, driven by years of endemic corruption, has seen its currency lose more than 90 percent of its value against the dollar
The monthly minimum wage now fetches around $30 on the black market, with 80 percent of the population now living in poverty
- The UAE has expressed its "support" for the UN ceasefire, which was also welcomed by the US, UN chief Antonio...
Houthi rebels and the Saudi-led coalition agreed to stop all ground, air, and sea military operations in Yemen for two months
Both sides involved in the Yemen conflict have agreed to open roads in Taez and other governorates
Here’s a broader look at how the region has prioritized solid-waste recycling and the production of alternative fuels to deal...Solid waste management is one of the most critical challenges facing all GCC countries
Construction waste accounts for 53% of the total solid waste generated in the Gulf countries
Saudi corporates’ funding mix is evolving, with the debt capital market for firms increasing noticeably and averaging a 10 percent...Fitch also expects the large Islamic banking sector to drive domestic sukuk growth
Local Sukuk issuances have steadily grown in the local capital market, totalling 41 percent of DCM activity in 2021
Iraq exported $11.07 billion of oil last month, the highest level for half a century, as crude prices soared amid...The figures published late Friday are preliminary data but final data "generally does not vary" much
Oil revenues are financially crucial for Iraq's government, with the country mired in a financial crisis
Over 84 percent of real estate professionals expect competition within Dubai’s real estate market to ramp up going forward, according...More than two-thirds (68 percent) of respondents in Dubai said they had experienced growth over the previous twelve months
In November 2021, Dubai registered the best month of sales on record, with a total of 6,989 transactions worth AED17.95 billion
- IAE repeated its warning that the prospect of large-scale disruptions to Russian oil production "is threatening to create a global...
A ministerial meeting of IEA chaired by US Energy Secretary decided to tap its emergency oil reserve fifth times since 1991 to calm soaring energy prices
IEA members had already vowed to release 62.7 million barrels of oil encouraged members to support Ukraine in the supply of oil products
Jordan’s Deputy Prime Minister Ayman Safadi and US Secretary of State Antony Blinken discussed the new MoU for the strategic...A new MoU between the two countries frames the US aid for Jordan, replacing the current memorandum, which expires in September 2022
According to the current MoU, the US has provided Jordan with annual support over the past four years, which amounted to 1.65 billion in 2021
