The OECD raised its 2024 world economic growth forecast Monday but warned that the Middle East conflict posed a risk,...
Riyadh, Saudi Arabia--Jasem Mohamed Albudaiwi, Secretary General of the Gulf Cooperation Council (GCC), held a virtual meeting with ministers from...
The project will involve building 10 hyperscale data centres, in 10 countries, over the next two years at a cost...The project will involve building 10 hyperscale data centres, in 10 countries, over the next two years at a cost of more than US$500m
It is being funded through new equity and facilities from leading development finance institutions and multilateral organisations
Companies and institutions seeking to reduce their emissions will increasingly turn to the platform to trade carbon creditsCompanies and institutions seeking to reduce their emissions will increasingly turn to the platform to trade carbon credits
Its purpose is to align with regulatory entities to develop methods, business models, and governance practices to reduce climate change effects
Global economic transformation has pushed governments to implement various programs and reform investment rules to make them more flexible to...The UAE is the only Middle Eastern country that issues Golden Visas.
In 2010, the first golden visa program was launched in Latvia.
Saudi Arabia and the UAE are already off the starting mark in their efforts to supply alternative fuels to the...Hydrogen requires high-pressure tanks when stored as a gas or temperatures of -253°C when stored as a liquid
Ammonia can be used as marine fuel as the conversion process is economical and involves little fuss
The 22-member Arab League and its legislative body, the Arab Parliament, are planning to establish a food-security body.The organization would be expected to enhance social and economic security in the region
It would also be expected to achieve sustainable development goals in Arab countries
The UAE foreign ministry confirmed to AFP that "this is the first (Emirati) aid flight since the recent events in...The UAE foreign ministry confirmed to AFP that "this is the first (Emirati) aid flight since the recent events in Afghanistan".
The UAE is one of a number of Gulf states that have been instrumental staging posts for evacuation flights for foreigners and Afghans, along with Qatar, Kuwait and Bahrain
The port, to be operated by Shanghai International Port Group, is expected to bring competition to a sector plagued by...It is expected to enable larger classes of cargo ships, carrying 18,000 containers or more, to dock in Israel
About 99 percent of all goods move in and out of Israel over sea, and an upgrade is needed to maintain economic growth
IsDB also contributed to Covid-19 relief in 2020, where it approved financing of around $2.3 billion.IsDB gave out around $6.8 billion to various nations last year
Egypt’s share in that, at $1.13 billion, amounted to around 17 percent
The UAE government's recent decision to slash the fee to set up a business by 94% to US$272 is expected...The UAE Government has slashed the fees for setting up a business by about 94% to only US$272 (AED 1,000)
In A T Kearny’s FDI Confidence Index 2021, the UAE gained four places – from 19th rank in 2020 to 15th rank in 2021
The budget proposal was approved in August by the coalition government of Prime Minister Naftali BennettThe budget proposal was approved in August by the coalition government of Prime Minister Naftali Bennett
The budget bill will now go to committee before being submitted for final approval at a second or third reading in the autumn
