GCC eyes economic upswing, business growth in 2024
Despite last year's challenges, the region is set to see robust growth this year, led by the UAE, which is...Economy
5 WEF reports shaping your 2024 agenda
From AI to the future of jobs and slow climb to gender parity, WEF reports provide insights into some of...Economy Energy Geostrategy Global Tech & Media
Tunisia saves more than $40 million since 2011 with solar installations
The total power installed since 2011 has reached 126 megawatts peak (MWp), resulting in a reduction in CO2 emissions by...The total power installed since 2011 has reached 126 megawatts peak (MWp), resulting in a reduction in CO2 emissions by 394.5 ktonnes
In 2021, about 11,395 individual PV installations were set up, compared to 8,370 a year earlier, which is up 36 percent
Qatar ranks 2nd in Gulf countries on corruption perceptions index
The index draws its data from a number of indicators issued by reputable international organizations, such as the World Competitiveness...The index draws its data from a number of indicators issued by reputable international organizations, such as the World Competitiveness Yearbook
The index uses a scale from zero to 100, with zero being the most corrupt and 100 the most transparent
Morocco: Overall port traffic up 11.6% in 2021
Moroccan ports have recorded a significant evolution of overall port traffic, which has risen from 172.1 million tons in 2020...The maritime and port sectors have overall shown great resilience to the Covid-19 pandemic
The transshipment accounted for 41.9 percent of overall traffic, followed by imports of 33.3 percent
Turkey’s central bank governor fired over interest rates
Murat Cetinkaya, who was appointed to the role in April 2016, has been replaced by Murat Uysal, according to the...Murat Cetinkaya, who was appointed to the role in April 2016, has been replaced by Murat Uysal, according to the decree published in the official gazette
President Recep Tayyip Erdogan has repeatedly railed against high interest rates and called for them to be lowered in a bid to stimulate growth
Abu Dhabi non-oil trade in 11 months of 2021 totals $51.78 billion
The non-oil trade through Abu Dhabi ports during 11 months in 2021 amounted to AED190.20 billion ($51.78 bn), an increase...Imports accounted for AED83.63 billion of the non-oil trade and non-oil exports for AED71.17 billion, an increase of 5.4 percent compared to the same period last year.
The re-exports were valued at nearly AED35.39 billion, an increase of 10 percent compared to 2020.
France’s economy posts fastest growth in 52 years
France's economy grew at its fastest pace since 1969 last year, official data showed Friday, enjoying a strong rebound from...At 7.0 percent according to the Insee statistics institute, the 2021 growth beat forecasts from both economists and official bodies
But gross domestic product topped the final quarter of 2019 in October-December 2021, Insee said
Tunisia allows digital sector firms to bid in convertible foreign currencies
The Central Bank of Tunisia (BCT) has authorized companies operating in the digital sector to bid for public tenders in...Bidding allowed for tenders for imported hardware and software in 2022.
The authorization from the Central Bank of Tunisia came after a 'positive opinion' from the Ministry of Finance.
China’s property stress could shake global markets: IMF
A funding crisis battering China's big property developers could start to shake the wider economy and global markets, the IMF...The International Monetary Fund's report comes as property firms in the world's second-biggest economy struggle with liquidity problems
Among those embroiled in the crisis is Evergrande, one of the country's largest developers, which is involved in restructuring negotiations
Dubai Metro cuts emissions by 2.6m tons, yields $31bn in benefits
Dubai Metro has eliminated about 1 billion private-vehicle journeys, yielded monetary benefits worth AED115 billion and reduced carbon dioxide emissions...The Metro has eliminated about 1 billion private-vehicle journeys, said Mattar Mohammed Al Tayer, Chairman of the Board of Executive Directors of the Roads and Transport Authority.
Al Tayer said the metro network, which spans 74 km, had been completed in just four years. The total length of the rail network is about 101 km.
Italy, UAE discuss the digital revolution in healthcare sector
With a medical devices industry turnover of Euro 17 billion, 4,400 companies and nearly 94,000 professionals, Italy is at the...With a medical devices industry turnover of Euro 17 billion, 4,400 companies and nearly 94,000 professionals, Italy is at the forefront of telemedicine
The Innovation Talks are a platform to foster the dialogue between Italy and UAE initiated by the Embassy of Italy to the UAE last year
