ABU DHABI, UAE – The Ministry of Finance on Tuesday announced the issuance of Cabinet Decision No. 10 of 2024...
The two firms have signed a $1 billion private credit deal.
To avoid giving the Taliban access to Afghanistan's reserves, Washington froze an estimated $10 billion held by the central bank...Ordinarily, the reserves could be dipped into to pay overdue government bills and development projects, but the freeze has trickled down to the rest of the economy.
The United Nations Security Council on Wednesday unanimously adopted a US resolution to help humanitarian aid reach desperate Afghans.
Spain and UAE have reviewed Dubai Electricity and Water Authority's achievements besides key projects and cooperation in the clean and...The two sides also discussed initiatives and programs that consolidate the transition towards a green economy.
DEWA CEO Saeed Mohammed Al Tayer held a meeting with Iñigo de Palacio, Spain’s Ambassador to the UAE.
Saudi Arabia’s overall merchandise exports increased by 90 percent in October 2021 compared to October 2020, when international trade was...The value of exports amounted to SAR106.2 billion ($28.2 billion) in October 2021, up from SAR55.9 billion in October 2020.
The share of oil exports in total exports increased from 66.1 percent in October 2020 to 77.6 percent in October 2021.
With the worst of the repercussions of Covid-19 expected to be in the rearview mirror, there are some specific sectors...Saudi Arabia has since 2016 started a wide-ranging program to diversify its economy to end its dependence on oil
For example, it has seen investment to the tune of $1 trillion in the infrastructure and real-estate front alone
The International Energy Agency warned in May that an immediate halt to new investment in fossil projects is needed if...Fossil fuels, represent 80 percent of energy consumed, and were explicitly blamed for driving climate change at COP26
This was not the case when the Paris climate pact was reached in 2015
Those wishing to request assistance from the fund can visit its website, and view, fill, and upload the required documents.The aid included both periodic and lump-sum amount, and disbursed by the fund's management to the eligible families
Zakat performers can pay their zakat via the Zakat Fund website , offices, and collection points
The two sides talked about Expo 2020 Dubai and the importance of the Arab countries' participation therein.The discussion took place in a meeting between UAE Deputy Prime Minister Sheikh Mansour bin Zayed Al Nahyan and Morocco Prime Minister Aziz Akhannouch
They are also said to have reviewed the latest developments in the Arab region and exchanged views over a number of regional and international issues of common interest
The Abu Dhabi index recorded a weekly loss of 4.8 percent, its deepest plunge since March 2020.The Abu Dhabi index recorded a weekly loss of 4.8 percent, its deepest plunge since March 2020
Saudi index gained 0.6 percent on Thursday backed by a 0.9 percent rise in Al-Rajhi Bank
The economy of Iraq depends upon oil as it constitutes 45 percent of the GDP and affects about 80 percent...The World Bank loans in particular are long-term and have grace periods of about six years, extending up to 14 years
The World Bank Loans are 'similar to the interest of the London markets on dollar lending transactions'
UNRWA Commissioner-General Philippe Lazzarini has acknowledged that stagnating donor funding for close to a decade remained below the amount needed...As of now, more than 5 million Palestinians have registered with UNRWA as refugees
They are spread across the West Bank, including East Jerusalem, the Gaza Strip, Lebanon, Syria, and Jordan
