Saudi Arabia’s inflation rises to 1.7 percent in November: GASTAT
Riyadh, Saudi Arabia -- Saudi Arabia’s inflation rose to 1.7 percent in November compared with the previous month, according to recent data...Economy
Clean energy sees marked investment rise since 2020
With a 40% increase in clean energy investments since 2020 and a focus on innovative policies, the global community is...Economy Energy
Saudi Arabia to strengthen trade ties with Austria
The Saudi delegation of the trade system was headed by Minister of Commerce Majid Al-Qasabi.During the meeting, the countries discussed opportunities to enhance and develop commercial relations
They also talked of ways to upgrade the level of trade exchange and cooperation between the two countries
Dubai Expo 2020 to attract 25 million business, tourist visits
The full expo site has opened its doors to exhibitors from almost 200 countries.The full expo site has opened its doors to exhibitors from almost 200 countries
The event was chosen eight years ago to follow the 2015 Expo in Milan, Italy, and cost around $6.8 billion
ADNOC Distribution will pay $350 million H1 interim dividend to shareholders
DUBAI: ADNOC Distribution has announced AED1.285 billion ($350 million) as an interim dividend payment to shareholders for the first six...This is the first payment in what is expected to be a full-year 2021 dividend payment of AED 2.57 billion.
The company has set a minimum of AED2.57 billion dividend for 2022.
Oman looks to tap Brunei for cooperation
Oman’s Foreign Minister Sayyid Badr Hamad Al Busaidi and Brunei Darussalam’s Second Foreign Minister Dato Seri Setia Haji Erywan bin...During the meeting, the ministers stressed on their keenness in promoting cooperation in various fields, especially in areas of joint investments
They also exchanged views on regional and international matters of common interest
Seamless Middle East 2021 held in Dubai
The event, sponsored by the Arab League and organised by Terrapinn, was held at the Dubai World Trade Centre.The event, sponsored by the Arab League and organised by Terrapinn, was held at the Dubai World Trade Centre
Participants in the event included a number of international institutions and organisations, such as Harvard University, the UN and the World Bank
US Pavilion to inspire ‘spirit of freedom’: Commissioner General
Robert Clark praised the UAE for transforming “the sands of the desert into a thriving World’s Fair site, complete with...Robert Clark praised the UAE for transforming “the sands of the desert into a thriving World’s Fair site, complete with spaces for 192 nations to connect
Clark added that the USA Pavilion will welcome millions in-person and online
Kuwait Expo 2020 pavilion will be ‘biggest’ in terms of size and activities, says director
DUBAI: Kuwait's participation at Expo 2020 Dubai is "biggest" in terms of pavilion size and range of activities, the pavilion's...The Kuwaiti pavilion, which has been designed to resemble water tower structures commonly found in the country, is constructed on an area of over 5,500 square meters.
A total 200 government and private bodies representing diverse sectors are set to contribute to the booth over the coming six months.
Digital transformation helps GCC banks prosper
Digital transformation brought about by COVID-19 has made banks more open to branchless and cashless banking enabling them to perform...Tech adoption amidst COVID-19 makes regional banks more open to branchless and cashless banking enabling them to manage better in H1 2021 than they did in 2020
The margins of the regional banks were under pressure throughout 2020 and early this year, but they managed to stay afloat by reducing costs and improving efficiency
Breathtaking start of Expo 2020 Dubai
Dubai opened its extravagant Expo 2020 on Thursday with a flashy ceremony boasting fireworks and lights displays as it attempts...The event kicks off a six-month world fair attended by more than 190 countries
The Expo venue is alive with music, dance, drama and projections with its star-studded opening ceremony
Cash-strapped Lebanon names team for International Monetary Fund talks
The team -- Deputy Prime Minister Saade Chami, Finance Minister Youssef Khalil, Economy Minister Amin Salam and central bank governor...The country is facing what the World Bank has described as one of the world's worst economic crises since the 1850s.
After defaulting on its debt in March 2020 for the first time in history, Lebanon started talks with the IMF.
