There is a need to align AI goals between public and private sectors to balance cost reduction with job creation...
Vienna, Austria--The OPEC Fund for International Development (OFID) has granted a US$30 million loan to support the development of a...
DUBAI: A 50 percent reduction in the membership registration fees in the Ajman Chamber of Commerce and Industry for new...The offer is valid only if the registration request is submitted between Oct 1 and March 31.
The decision comes into force from October 1.
Saudi Arabia expects to post a deficit of 2.7% of gross domestic product this year and to reduce it further...The kingdom forecasts total spending of 955 billion riyals - around $255 billion - next year, down from an estimated total expenditure of around 1 trillion riyals this year
The gross domestic product is expected to reduce further next year, to 1.6% of GDP
Algeria has been using the Gaz-Maghreb-Europe (GME) pipeline since 1996 to deliver several billion cubic metres per year to Spain...Algeria has been using the Gaz-Maghreb-Europe (GME) pipeline since 1996 to deliver several billion cubic metres per year to Spain and Portugal
The latest crisis followed months of tensions, partly over Morocco's normalisation of ties with Israel
Saudi males found securing jobs was easier than women in the kingdom in the second quarter of 2021, lowering unemployment...According to estimates of the General Authority for Statistics (GASTAT) based on the Labor Force Survey, the unemployment rate of the total working age Saudi population decreased
Unemployment rate among Saudi men went down noticeably by 1.1 percentage point to 6.1 percent in the second quarter of 2021 from 7.2 percent in the previous quarter
Barkindo underscored the importance of the efforts by the Declaration of Cooperation (DoC) Participating Countries in accelerating the rebalancing process...Barkindo underscored the importance of the efforts by the Declaration of Cooperation (DoC) Participating Countries in accelerating the rebalancing process in the global oil market
The Secretary General also stressed the need to remain cautious and attentive to an ever-evolving market situation
- The UAE and Qatar are hosting global events like EXPO 2020 this October and FIFA World Cup in 2022 respectively...
In recent months, all GCC countries have unveiled major infrastructure projects following vaccination of the majority of the population and a rebound in oil prices
The UAE and Qatar are hosting global events like EXPO 2020 this October and FIFA World Cup in 2022 respectively and initiating infrastructure projects worth billions of dollars
France on Tuesday said it would sharply reduce the number of visas granted to people from Algeria, Morocco and Tunisia,...In Morocco, Foreign Minister Nasser Bourita told reporters the French decision was “unjustified”
Many of its Tunisian citizens displayed their concern Wednesday in front of the offices of TLS Contact, the private company authorised to receive applications for France
- The Deferred Payment Program was launched on March 14 last year, as Covid-19 was spreading across the world. According to...
The respite is in the form of the extension of the Deferred Payment Program for the MSMEs
The initiative is one of the many Private Sector Financing Support Programs the central bank has launched to help the economy
The results are said to be showing signs of economic recovery of Bahrain.The overall growth is apparently due to the rise achieved by the non-oil sector
The rise has been supported by transportation & telecommunications and hotels & restaurants activity
Rising oil prices handed a major boost to producers but threaten the global recovery and stoke inflationary pressures because they...Global supplies have been disrupted because US production remains hampered by the ongoing fallout from Hurricane Ida.
OPEC now expects global oil demand to exceed its pre-pandemic level in 2022 thanks to Covid vaccines and recovering economies.
