Dubai, United Arab Emirates - AD Ports Group of the United Arab Emirates (UAE) signed a $22 million agreement Thursday...
The 137,000-barrels-per-day hike will apply from December and remain at that level for the following three months, signifying a "pause"...
Abu Dhabi, UAE--China is willing to work with all parties to achieve more pragmatic results at the 13th Ministerial Conference...China, according to Wentao, supports efforts such as the restoration of the normal functioning of the WTO's dispute settlement mechanism
The minister said China also supports the inclusion of the agreement on investment facilitation for development into the WTO's legal framework
Abu Dhabi, UAE-- Applauding the UAE's commitment to trade liberalization, including development of green and digital trade globally, Ralph Ossa,...The WTO economist said the UAE is a "natural fit" for hosting the ministerial conference, praising the country's focus on low tariffs and export diversification
Ossa said the conference is looking to make progress on range of issues such as the reform of dispute settlement system, constraints on subsidies leading to overfishing
- The deal aims to facilitate "the flow of foreign direct investment... particularly to developing and least-developed" countries with the aim...
The Investment Facilitation for Development (IFD) Agreement, signed by 75 percent of the WTO's members, would require full consensus before it could be formally incorporated
Despite broad backing, some members may still oppose its integration into the WTO, including India, which typically objects to agreements that do not cover all countries
The World Trade Organization's 13th ministerial conference (MC13), scheduled to run until Thursday in Abu Dhabi, the capital of the...
Dubai, UAE – United Arab Emirates on Sunday allocated $5 million to a $50 million fund launched Sunday ahead of...The alloocation was announced by the UAE minister Dr Thani bin Ahmed Al Zeyoudi, Chair of the 13th WTO Ministerial Conference 2024, which begins in Dubai today
The new fund aims to unlock the power of the digital economy, helping women exporters overcome financing hurdles and capture untapped opportunities
- ABU DHABI, UAE - The director general of the World Trade Organization, Ngozi Okonjo-Iweala, on Sunday launched a $50 million fund...
The director general of WTO said the "ground-breaking initiative... embodies our collective commitment to empower women".
The fund will help businesses run by women in developing countries to adopt digital technologies and increase their online presence.
- ABU DHABI, UAE – Chairman of Eagle Hills International Mohamed Alabbar has said that US$4 billion joint venture Binaa Al...
Binaa Al Bahrain aims to contribute to Bahrain’s long-term development through its iconic projects.
The JV aspires to create job opportunities for Bahrainis in the real estate, hospitality and healthcare.
WASHINGTON, US - In a shift from tit-for-tat tariffs and strong-arm tactics to tech restrictions and investment curbs, US policy towards...Despite differences between Democrats and Republicans, analysts expect Washington's approach to Beijing will only become tougher.
Biden has largely maintained Trump-era tariffs, rolled out export control restrictions to curtail China's ability to buy and make certain high-end chips.
Riyadh, Saudi Arabia--Saudi Arabia's Energy Minister Prince Abdulaziz bin Salman bin Abdulaziz revealed on Sunday that an additional 15 trillion...The Saudi energy minister said that reserves at Jafurah had reached 229trn cubic feet of gas and 75bn barrels of condensates
The Jafurah gas field, in Saudi Arabia's eastern province, is the largest liquid-rich shale gas play in the Middle East
- With most banks out of service, the only exchange rate that matters to ordinary Sudanese is on the black market,...
The finance ministry of Sudan recently raised the exchange rate for imports and exports from 650 Sudanese pounds to 950
The World Bank in September said widespread destruction has set the country's development back by several decades
