Doha, Qatar-- Qatar is looking to develop "plans and strategies" to streamline procedures and regulations in order to solve solve...
Geopolitical tensions sent oil prices climbing and weighed on equities as investors also continued to worry about prospects for interest...
European stocks, which had been firmly higher earlier in the session, ended the day with only modest gainsEuropean stocks, which had been firmly higher earlier in the session, ended the day with only modest gains
Bitcoin rose above $45,000 as Moscow is expected to accept cryptocurrency in exchange for Russian gas
More than ever before, wealthy expatriates in the UAE as well as the world are pursuing citizenship options elsewhere.Citizenship investments have become popular among foreign expatriates living in the UAE
Having a Plan B is one of the benefits of getting a second citizenship, especially in uncertain times
Etihad Credit Insurance (ECI), the UAE Federal export credit company, signed a Memorandum of Understanding (MoU) with its Dutch counterpart...Etihad Credit Insurance and its Dutch counterpart Atradius DSB to bolster collaboration through joint strategic projects.
The partnership also seeks to facilitate stronger halal trade through ECI’s Sharia-compliant finance solutions.
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.
