“These efforts ensure sustainable development across all sectors, promising a bright future for generations to come,” he adds, referring to...
Paris, France--Past and future hosts of the UN climate negotiations the United Arab Emirates, Azerbaijan and Brazil announced Wednesday they would...
Trojena is the new mountain tourism destination whose establishment was recently announced by Saudi Crown Prince Mohammed bin Salman.Trojena aspires to redefine visitors’ and residents’ perceptions of mountain tourism
The project will be launched in 2026 and will be located in the heart of NEOM
Exports decreased in January 2022 by 16 percent compared to December 2021.Exports decreased in January 2022 by 16 percent compared to December 2021
The imports, on the other hand, slumped in January 2022 by 3 percent compared to December 2021
Environment Minister Steven Guilbeault will soon face his first major test in deciding on a new offshore oil project.Norwegian firm Equinor is seeking to develop oil discoveries in the Flemish Pass Basin, generating $2.8 billion in royalties
However, exploiting an estimated 300 million barrels of oil over 30 years would set back efforts to curb climate change
The analysis by London-based think tank InfluenceMap found the world's 30 biggest listed finance groups provided $740 billion to fossil...The analysis by London-based think tank InfluenceMap found the world's 30 biggest listed finance groups provided $740 billion to fossil fuel producers in 2020 and 2021
The biggest providers of fossil fuel financing were JP Morgan with $81 billion, Citigroup with $69 billion, and Bank of America with $55 billion
Four Gulf Arab central banks followed in the footsteps of the US Federal Reserve and raised interest rates by a...Any increase in US interest rates affects dollar-pegged countries, including the Gulf countries
Four Gulf Arab central banks raised interest rates by a quarter percentage point, for the first time since 2018
Several other activities recorded an increase, namely transport and warehousing by 19.4 percent, wholesale and retail trade by 15.5 percent,...Statistics indicated that this increase is attributed to the rise in the value-added of oil activities at the end of December 2021 by 38.5 percent.
The largest share was for crude oil at the end of December 2021, which amounted to RO 8.998 billion, constituting a growth of 46.6 percent.
Saudi Arabia’s non-oil exports increased by 27.5 percent year-on-year in January 2022, rising to SAR 24.1 billion ($6.42 billion) from...The most important non-oil goods were 'Plastics and Rubber and Articles Thereof' (32.7 percent of non-oil merchandise exports).
The kingdom’s overall merchandise exports increased by 49.6 percent in January 2022 compared to January 2021.
The IPO size implies a market capitalization at listing of between $30.63 billion and $33.76 billion, which would make DEWA,...The IPO subscription started on Thursday and will run until April 2 for the UAE retail investors and until April 5 for the institutional investors.
DEWA is the majority owner of Empower, the world's largest district cooling services operator by connected capacity.
The Jordanian Minister of Investment, Khairy Amr voiced Jordan's readiness to provide facilities for Indian investment in Jordan and invited...The Jordanian Minister of Investment, Khairy Amr voiced Jordan's readiness to provide facilities for Indian investment in Jordan and invited Indian experts to his country
Indian minister reaffirmed the Indian government's keenness to prioritize Jordan in importing phosphates and fertilizers
The world must not forget the millions of people in need across the Middle East and North Africa, UN chief...The UN chief issued the warning during a meeting on the expanding cooperation between UN and the 22-member League of Arab States
At the meeting, ambassadors of the Arab countries adopted a presidential statement praising the increasingly critical partnership
