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"...
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
Manama, Bahrain--Bahrain will support Arab tourism in order to enhance social, cultural and historical integration among Arab people, according to...The minister told media the exercise would advance the contribution of the tourism sector to Arab countries’ national development
She said the kingdom will strengthen its position as an ideal destination for sustainable tourism in light of the diversity of its tourism services
"Investing in youth, inspiring ideas, and transforming them into creative projects is a cornerstone for facing global challenges in many...Sheikh Saud bin Saqr Al Qasimi emphasizes the role of modern technology startups in national economic growth and global competitiveness.
Entrepreneurship is seen as a crucial part of Ras Al Khaimah's economic strategy and a means to secure its position as a leading business hub.
ABU DHABI, UAE – Emirates Minister of Foreign Affairs Sheikh Abdullah bin Zayed Al Nahyan has announced that the UAE...Sheikh Abdullah bin Zayed expressed pride that the UAE is hosting the WTO’s MC13, the organization’s highest decision-making body, from February 26-29.
He welcomed all leaders and representatives of the 166 member states to Abu Dhabi for crucial negotiations on key trade issues and discussions.
Tehran, Iran - Pakistan has decided to link the gas pipeline from the country's Gwadar port city to the Iranian...According to Pakistani media, the country will expedite the project, which faced significant delays, in two phases
Iran had previously given Pakistan a 180-day deadline until September 2024 to start completion of the pipe-laying work
- Gulf economies are witnessing transformative growth and resilience with the UAE, Saudi Arabia, and Qatar leading the way in global...
Gulf economies are witnessing transformative growth and resilience with the UAE, Saudi Arabia, and Qatar leading the way in global competitiveness, says a report.
The bloc's shift from oil, through huge investments in logistics infrastructure and a business-friendly environment, positions them as prime locations for foreign investment.
ABU DHABI, UAE- The aggregate capital and reserves of banks operating in the UAE increased 13.3 percent, reaching US$131 billion...The aggregate capital and reserves of UAE-based banks increased 12.3 percent or US$14.4 billion during the first 11 months of 2023
National banks accounted for 86.5 percent of the total capital and reserves of UAE-based banks logging $113 billion by end of November 2023
LONDON, UK – The price of natural gas in Europe fell again on Friday, taking it to its lowest in almost...Gas reserves, which are usually drawn down during winter for heating, are at 64.7 percent of storage capacity on average in the European Union.
Gas prices soared in 2022 and into 2023 as Russia's invasion of Ukraine made EU countries limit consumption and diversify their sources of supply.
Doha, Qatar--The Qatar Chamber (QC) and the International Labor Organization (ILO) discussed bilateral cooperation relations in the fields of labor,...The two sides look to enhance relations in the fields of labour, research, training, and ways to achieve the common interests
Al Mansori noted the chamber's preparedness to collaborate with the ILO, praising its significant role in labour-related matters
- Riyadh, Saudi Arabia - Governor of Saudi Public Investment Fund (PIF) Governor Yasir Al-Rumayyan on Thursday positioned Saudi Arabia as...
Yasir Al-Rumayyan, speaking at the FII PRIORITY summit in Miami, highlighted the fund's focus on sectors like education, healthcare, artificial intelligence
By investing in technological advancements, the PIF aims to propel the Kingdom towards a more diversified and resilient future
