TEHRAN, IRAN – The Middle Eastern country has improved its global standing in steel production, becoming the ninth largest producer...
BEIJING, CHINA – The China National Offshore Oil Corporation (CNOOC) has announced the recent discovery of the largest metamorphic rock...
The board of governors at the Central Bank of Oman expressed satisfaction with the state of the 2021 FX reserves.The bank’s board of governors observed that the total demand for foreign currency in the local market was at satisfactory levels
This, it opined, has brought the FX reserves of CBO in equation with the value of nine months of country’s imports
The Ministry of Planning has not prepared a report on economic indicators during the year 2021 but there is an...All economic development movement shows positive results, the Ministry of Planning has said
The government projects that were suspended due to the financial and economic crisis have been resumed
The total number of tourists coming to the Kingdom in the period has surpassed 2.1 million, while the number of...The total number of tourists coming to the Kingdom in the period has surpassed 2.1 million, while the number of overnight tourists has inched up by 8.9 percent
Jordanian Minister of Tourism Nayef Al-Fayez said that the National Tourism Strategy is geared to attract more tourists than recorded in 2019, before the outbreak of the pandemic
London-based think-tank Cebr predicts the economic future of countries across the world and the outlook remains rosy for the Gulf...Saudi Arabia will jump from t19th to 17th in the World Economic League Table by 2021
The UAE is expected to move up in the table from 34th in 2021 to 33rd in 2036
The preliminary results showed a surplus value for the capital and financial account amounting to $222 million, mainly caused by...This deficit in the current account was mainly triggered by the deficit of the trade balance of goods, which reached $1,464 million
The total transfers from abroad amounted to $602 million, of which 17% were the transfers to the government sector
Jordan will distribute JD1 million to compensate those suffered losses due to the Al Waleh Dam draught and cross-border fires...Jordan's cabinet had approved the disbursement of JD1 million in compensation from the Agricultural Risk Fund
Jordan as tasked specialized committees to limit the damages in the northern Jordan Valley and the Al-Wala Dam
- Waste management and environment company Bee’ah Tandeef has launched a service that allows people to recycle used cooking oil so...
Bee’ah Tandeef will turn the waste cooking oil into biodiesel that will be used to run its fleet of waste collection trucks.
The collection machine also dispenses a new empty bottle whenever a bottle is deposited.
Oman's capital Muscat will be the Arab Digital Capital for 2022, the Council of Arab Ministers for Communications and Information...Oman had made cyber-security, digital innovation and digital capabilities development focus of its candidacy.
Oman's communications minister said that the decision reflects the confidence of Arab countries in the digital and legal capabilities of Oman.
- Each year, UK charity Christian Aid calculates the cost of weather incidents like flooding, fires, and heat waves according to...
Christian Aid said the upward trend reflects the effects of man-made climate change
It added that the 10 disasters in question also killed at least 1,075 people and displaced 1.3 million
As ecommerce expands, companies are becoming more aware of the region's shifting consumer behavior and needs, say experts.Retailers in the region are becoming more aware of the necessity to create ‘brand.com’ sites
AR and AI will become more commonly used to improve the consumer experience
