Shenzen, China--The total number of high-tech enterprises in south China's Guangdong Province has exceeded 75,000, local authorities have said. By...
SHARJAH, UAE - The Financial, Economic and Industrial Affairs Committee of Sharjah Consultative Council (SCC) held a meeting to discuss...
The oil price rise is expected to raise the economic growth of Saudi Arabia and the UAE. The kingdom is...Qatar Stock Exchange upwardly revised 0.1 percent on Thursday, aided by a 3.5 percent increase in Nakilat shares.
Egyptian Stock Exchange ended its sessions on Oct. 20 with a collective decline of indices for the second consecutive session.
The designation by the Paris-based Financial Action Task Force threatens to further limit foreign direct investments -- already standing at...One of the year's worst days for the beleaguered lira started with a central bank decision to cut its policy rate to 16 from 18%
The lira lost more than 2.5% against the dollar on fears the bank had lost its last vestiges of independence from Turkish President Erdogan
- About 61% of the UAE consumers are opting for cards or digital wallets instead of paying in cash, a joint...
About 61% of the UAE consumers are opting for cards or digital wallets instead of paying in cash, a joint study by Dubai Economy and Visa has pointed out.
Another study by McKinsey found that digital point-of-sale transactions in Saudi Arabia doubled in the year leading up to January 2021
The Lusail Stadium is about 20 kilometres (12 miles) from the capital Doha and will host a number of matches...The Lusail Stadium is about 20 kilometres (12 miles) from the capital Doha and will host a number of matches during the tournament, including the final
It is one of eight stadiums that Qatar has designated for the World Cup, which will be the first ever in the Middle East
A report by the International Renewable Energy Agency confirms Covid-19 caused delays and supply chain disruptions, with impacts on jobs...Off-grid solar lighting sales suffered due to Covid-19 disruptions, but companies were able to limit job losses.
China commanded a 39 percent share of renewable energy jobs worldwide in 2020, followed by Brazil, India and the US.
Non-resident foreign investors can obtain a virtual license for doing business in Abu Dhabi from any location outside the UAE...Investors can obtain the license from any location outside the UAE and without having to meet residence procedures.
The license covers 13 economic sectors on top of the strategic sectors targeted by the Abu Dhabi government to attract Foreign Direct Investment.
- Kuwait International Airport will gradually operate commercial flights for all aviation companies.
The airport has been closed since August last year, when the authorities banned all incoming and outgoing flights
Some hope of resumption was seen earlier this year, but the spread of the Delta variant of Covid-19 stopped the consideration
- Dubai Electricity and Water Authority (DEWA) signed a slew of MoUs with local and international companies at the ongoing GITEX...
The MoU with Etisalat is aimed at speeding up the digital transformation using Etisalat’s MobileHub platform.
Digital DEWA subsidiary sInfraX has partnered with WoM Technologies for its planned rollout of the first-ever Low Power Wide Area Network wireless Internet of Things.
The Iranian banking system has paid 12.41 quadrillion rials (over $295.49 billion) of facilities to domestic economic sectors in the...Working capital loans to different economic sectors in the six months were above 8.376 quadrillion rials (about $199.4 billion)
According to the data provided by the Central Bank of Iran, this accounted for 67.5 percent of the total provided facilities
- Turkey's central bank cut interest rates for the second successive month on Thursday in what economists interpreted as confirmation of...
The central bank has blamed rising inflation on "transitory" factors that will dissipate with time.
The lira extended its fall into record-low territory against the dollar and euro after the announcement.
