With most banks out of service, the only exchange rate that matters to ordinary Sudanese is on the black market,...
Gulf economies are witnessing transformative growth and resilience with the UAE, Saudi Arabia, and Qatar leading the way in global...
Tel Aviv climbed the rankings partly due to the strength of the national currency, the shekel, against the dollar, as...The Israeli city climbed five rungs to score top place for the first time in the authoritative ranking compiled by the Economist Intelligence Unit (EIU)
The Worldwide Cost of Living Index is compiled by comparing prices in U.S. dollars for goods and services in 173 cities
Abu Dhabi’s Advanced Technology Research Council (ATRC) on Tuesday announced that it has awarded AED40 million ($10 million) in research...Grant funding is allocated to entities in eight key sectors such as aerospace and energy.
The awardees were picked from 370 proposals in ASPIRE Award for Research Excellence and ASPIRE Young Investigator Award.
The Economic Development Board (EDB), Bahrain's investment promotion agency, on Tuesday announced the launch of the investment platform (invest.bh) that...Bahrain's Economic Recovery Plan has seen the announcement of strategic projects worth more than $30 billion.
Investable projects include Bilaj Al Jazayer Tourist City, Bahrain Metro, USA Trade Zone, Aluminium downstream zone and Sports City.
The UAE cabinet has also approved policies to boost the creative sector, and even rehabilitate convicts and juvenile delinquents.The UAE Cabinet has approved the requirements and conditions to clear housing loans for Emiratis
It has also approved the UAE National Medicine Policy, which aims to achieve equitable availability and affordability of essential medicines
Fed chief Jerome Powell has said the new strain could also heighten uncertainty regarding inflation.The US central bank’s chief Jerome Powell is growing more concerned about this year's price increases
The price rise has put pressure on the Federal reserve to raise interest rates more quickly
The meeting "is shaping up to be one of the most significant since the pandemic demand recovery began, and the...Biden called it a "major initiative", with analysts estimating the injection at between 65 and 80 million barrels, including 50 million from the United States alone.
The group said earlier this month it planned to boost output by 400,000 barrels per day in December, despite a room for manoeuvre that is 10 times greater
Saudi Arabia reactivated its support for Pakistan in the last week of October, including about $3 billion in safe deposits...Saudi Arabia reactivated its support for Pakistan in the last week of October, including about $3 billion in safe deposits and $1.2 billion in oil supplies on deferred payments
The SBP statement said the deposit agreement reflected the strong and special relationship between the Kingdom of Saudi Arabia and Pakistan
With little oil but the most diversified economy in the Gulf, Dubai has gone from a fishing village to a...With an economy second only to Saudi Arabia in the Gulf, the Emirates is one of the easiest countries in the world to do business, according to the World Bank
But having diversified its economy over the decades, it relies less and less on petrol, with revenues now making up only 30 percent of its GDP
The UAE's federal export credit company Etihad Credit Insurance (ECI) signed an MoU with Greece’s Export Credit Insurance Organization (ECIO)...An MoU between Etihad Credit Insurance and Greece’s Export Credit Insurance Organization will also promote SMEs.
This agreement follows the recent UAE-Greece high-level diplomatic meetings between the ministers of both countries.
Iraq’s general budget for 2022 will focus on implementing a set of investment projects in line with diversifying economy and...Salih belives the fluctuations in the oil markets and the global economic situation will cast a shadow over the draft general budget for 2022
The Ministry of Planning said that employee salaries, social protection and other expenses were not affected by the delay in approving the general budget law
