Localization in focus as KSA raises military spending
Saudi Arabia's 2024 budget hikes military spending to $71 billion for industry localization and modernization, targeting 50% equipment spending localization...Economy
Iran, Oman call for using national currencies in mutual trade
Tehran, Iran – Iran and Oman have signed two memoranda of understanding to boost bilateral cooperation and using their national...Economy
Inflation delays start of Turkey’s rate cuts
Turkey's central bank has left its policy rate unchanged for the fourth month running as a spike in inflation to...
ADFD provides $15 million concessionary loan to Rwanda
Rwanda has signed a loan agreement with ADFD to get a loan of AED55 million, or around $15 million, for...
World hunger surges to 15-year high as COVID-19 stifles food access
As many as 811 million people – about a 10th of the global population – were undernourished in 2020, a...
Qatar takes key step to control own airspace
Qatar said on Tuesday that it has been given a preliminary green light by a UN body on a proposal...
Foreign envoys in Lebanon seek reforms for bailout cash, get no response
Donors want the establishment of a new government to enact urgently needed reforms Foreign donors have over the past year...
Syria govt raises bread, diesel prices as crisis deepens
The price of diesel fuel nearly triples and the price of bread doubles The move brings more pain for civilians...Saudi Arabia’s non-oil economy to grow 4.3%
The investments by the Public Investment Fund contributed to the economic recovery Last year, Saudi's economy suffered a double whammy...G20 ministers set to green light global tax reform
Finance ministers from the G20 richest nations are expected to give the green light Saturday to a historic deal to...Lebanon: Pharmacies go on strike over medicine shortages
The country is facing what the World Bank has called one of the world's worst economic crises since the 1850s...
Qatar to resume issuing family, tourist visas from July 12
The decision is based on the recommendations of the Ministry of Public Health following the Covid-19 developments The move is...
