World adds 50% more renewable energy capacity in 2023
The International Energy Agency said that the renewable energy capacity added to energy systems went up 50 percent in 2023,...Economy Energy
WEF 2024 aims to bridge trust gaps amid global discord
Geneva, Switzerland - The World Economic Forum Annual Meeting 2024 is set to gather over 2,800 global leaders in Davos-Klosters,...Economy
Troubled land: The Sahel’s ‘three-border’ region
The vast arid region, along with central Mali, has become the worst-hit area in the jihadists' nine-year-old campaignThe vast arid region, along with central Mali, has become the worst-hit area in the jihadists' nine-year-old campaign
As elsewhere in the Sahel, the birthrate here is high and climate change has sharpened competition over scarce resources
‘Complete stop’: New Turkish wall confronts fleeing Afghans
A concrete wall, topped with barbed wire and surrounded by trenches, is being erected along Turkey's border with IranA concrete wall, topped with barbed wire and surrounded by trenches, is being erected along Turkey's border with Iran
Official data shows 120,000 Afghan refugees in Turkey, and up to 300,000 undocumented Afghan migrants
Bahrain-origin exports up by 62 percent in July
Saudi Arabia ranked first for Bahrain-origin exports and re-exports. Portable digital automatic data processing machines were the top product re-exported...Unwrought aluminum and agglomerated iron ore and concentrates top two exports.
Brazil, China and UAE top three importers for Bahrain.
UAE to combat money laundering, terror financing
This is in line with the country's commitment to achieve full compliance to the International Financial Action Task Force (FATF)This is in line with the country's commitment to achieve full compliance to the International Financial Action Task Force (FATF)
The country’s ministry of economy highlighted that the private sector is a strategic partner in its efforts to implement the country’s international obligations
Iran, Turkey anticipate refugee crisis as Taliban takes over Kabul
Both already host large refugee populations — 3.6 million Syrians in Turkey and 3.5 million Afghans in IranBoth already host large refugee populations — 3.6 million Syrians in Turkey and 3.5 million Afghans in Iran
Both countries are battling the coronavirus pandemic and facing economic difficulties.
Bahrain’s deficit dips 35 percent to $1.38bn in H1
Bahrain has succeeded in lowering its deficit by 35 percent to $1.38 billion in the first half of 2021, compared..."Strategic planning, along with the persistent dedication of Team Bahrain, has yielded tangible outcomes in the Kingdom's path to development”
According to the report, recurrent expenditure decreased by 2 percent year-on-year
PIF ups Activision Blizzard holding in second quarter
The sovereign wealth fund is at the center of the kingdom's plans to transform the economy by creating new sectors...During Q4 2020, PIF acquired 14.9 million shares of US video-game maker Activision.
Its other purchases last year included 7.4 million Electronic Arts shares and 3.9 million Take-Two shares worth about $1.1 billion and $826 million.
Bahrain eServices revenue up 257% to $532m in H1
The number of financial transactions in H1 2021 exceeded 1.6 million, double the number in the same period last year.More than 1.1 million financial transactions were carried out on the national portal alone
This an increase of 76 percent compared to the same period of last year
Firefighters battle second day of blazes near Jerusalem
Police and local officials "began evacuating hundreds of families" from communities on the western outskirts of JerusalemPolice and local officials "began evacuating hundreds of families" from communities on the western outskirts of Jerusalem
Fires have flared this summer around the Mediterranean basin, including in Greece, Turkey, Algeria and Morocco
UAE, Iraq moot bilateral business council
Iraq and the UAE already conduct trade that was worth around $15 billion in 2019.Abu Dhabi Chamber Chairman Abdullah Mohammed Al Mazrouei and Iraqi Ambassador discussed the setting up of this council
Abu Dhabi Chamber Director-General Mohamed Helal Al Mheiri also attended the meeting
