Doha, Qatar--The Qatar Chamber (QC) and the International Labor Organization (ILO) discussed bilateral cooperation relations in the fields of labor,...
Manama, Bahrain--Central Bank of Bahrain (CBB) announces that the $93 million monthly issue of Government Treasury Bills has been oversubscribed...
Real time data coupled with effective supply chain technology came in handy for the industry after the aviation sector was...The GCC countries have been making investments in integrating supply value chains with digital platforms and upgrading their technologies to keep pace with the latest developments
Real time data coupled with effective supply chain technology came in handy for the industry after the aviation sector was grounded following the spread of COVID-19 globally
The Grand Ethiopian Renaissance Dam, set to be Africa's largest hydroelectric project when completed, has sparked an almost decade-long diplomatic...The UN’s top security body also invited observers who would be acceptable to the three parties
The dam was the subject of a Security Council meeting in early July
While most wages in Lebanon have remained unchanged, the value of the Lebanese pound has gone down more than 90...The Lebanese military plans 1,000 hours of helicopter rides for tourists and even Lebanese citizens this year
With each ride costing $150, the military is eyeing an influx of $300,000 through this route
Oman’s Environment Authority and Petroleum Development Oman have reportedly discussed the policy draft with the United Nations Environment Program.The UNEP experts outlined the roadmap to EA and PDO during a virtual meeting that the Omani entities organized
The first draft included the road ahead for the buildings, water, manufacturing, transportation, waste, and energy sectors
Inflation in Saudi Arabia is on the decline for the second month consecutively, dropping to the lowest level since June...The consumer price index (CPI) recorded a modest increase in August of 0.3 percent
The slowdown was led by non-food prices, particularly by weaker inflation in the clothing and transport sectors
The inflation rate was recorded at 387. 56 percent (year-on-year) in August, compared to 422.75 percent in JulyThe inflation rate was recorded at 387. 56 percent (year-on-year) in August, compared to 422.75 percent in July
Sudan has long been reeling from economic crises that deepened after the ouster of autocrat Omar al-Bashir in April 2019
Kuwait's Burgan Bank has been allowed to issue up to $500 million senior unsecured bonds under its Euro Medium Term...The bank said the proceeds from the bond issuance will help it reinforce its long-term liquidity.
The bonds will have either a five-year tenor and a fixed coupon, or a six-year tenor with redeem option.
Henley & Partners’ Best Residence-by-Investment Cities for Business Index ranks cities according to lifestyle, tax, education, real estate, healthcare, security,...Dubai scored highest overall in the index in the tax category.
The emirate was second on the index for Covid-19 safety.
DUBAI: The UAE's non-oil trade rose to AED 1.403 trillion ($371 billion), reflecting the country's robust trade exchanges despite the...Imports have hit AED 785 billion, accounting for 56 percent of total merchandise trade.
China was UAE's main trading partner with the bilateral trade value reaching AED174 bn.
Ethiopia's refusal to sign a binding agreement on the dam has dashed hopes of a settlement with Egypt and Sudan.Egypt's area under agriculture could lose by up to 72 percent in case of short filing of the dam.
Ethiopia has said earlier treaties on Nile waters have undermined its rights and the dam will help in the country's development.
