Adept at grasping context, planning and adaptive problem-solving, the agentic AI execute complex, multi-step processes with minimal human intervention or...
DUBAI, UAE – A powerful confluence of more than 500 experts and 150 cybersecurity leaders has converged in Dubai for...
World food prices fell in 2023, with considerable declines for grains and oils as supply concerns eased, the UN's Food...Overall, world food commodity prices fell 13.7 percent in 2023 compared to the previous year, Rome-based FAO said.
The vegetable oil price index posted the biggest fall last year, dropping 32.7 percent, thanks to improved supplies and reduced use for biofuel production.
Riyadh, Saudi Arabia - Saudi Arabia saw an 18% surge in health insurance beneficiaries in 2022, reaching a total of...The expansion in the sector is largely propelled by the introduction of the mandatory health insurance for private sector workers and their dependents
Saudi Arabia saw an 18% surge in health insurance beneficiaries in 2022, reaching a total of 11.5 million individuals by year-end
"Most of the global trends are positive if analyzed in terms of economic value. Countries have developed and lifted millions...Al Gergawi emphasizes the pivotal role of Gulf countries in shaping global agendas, from environmental discussions at COP28 to major events like the World Cup.
He underlines the criticality of understanding the new global changes, including tech advancements, and the balance between positive global trends and challenges.
The aim is to redefine outdoor media advertising in Abu Dhabi.Penguin and SkyBlue will collaborate on key advertising locations, with this being the Malaysian firm’s first move into the Abu Dhabi market.
This follows an agreement between the Malaysian outdoor advertising company with the Road and Transport Authority (RTA), Dubai.
- DUBAI, UAE - The New Year began on a high note for Dubai Duty Free with the announcement of an...
December 2023 finished for Dubai Duty Free with record monthly sales of US$221 million, an 8.37 percent increase compared to 2022.
It's 40th anniversary celebrations offered a 25 percent discount on December 20 which led to a shopping spree of $14.8 million in 24 hours.
- The World Bank raised its target for climate-related projects from 35% of its annual financing to 45%. Given that the...
On Wednesday, Banga repeated a previous pledge to "fix the plumbing" of World Bank
World Bank estimated that developing countries will need an average of $2.4trn each year
- "Heightened tensions in the Middle East following a bomb blast at a ceremony honouring a slain general in Iran have...
Oil prices spiked more than three percent after twin bomb blasts ripped through a crowd commemorating Revolutionary Guards general Qasem Soleimani
Equities were also under pressure as investors worried that the stocks rally in the final months of 2023, on hopes of interest rate cuts in 2024, may have gone too far
Dubai, UAE -- Jordan's public debt till the end of October 2023 has risen to $46.1 billion, 89.6 percent of...The Ministry of Finance said the government had borrowed $3.8 billion in the first ten months of 2023.
In Dec, Jordan approved the 2024 budget with a deficit of $1.6 billion, expecting the country's public debt this year would make up 88.3 percent of the GDP.
- Turkey's official annual inflation rate ticked up to 64.77 in December, from 61.98 percent in November. But the month-on-month pace...
Economists expects inflation to start falling from near record highs within four months
The rate reached a decades-long high of 85 percent in October of 2022
Riyadh, Saudi Arabia - Saudi Arabia is poised to launch its inaugural financial center, with unified and standardized policies and...Chairman of the Steering Committee at the Ministry of Finance, Abdul Aziz Al-Furaih highlighted the advantages of transitioning to accrual-based accounting
Hamad Al-Kanhal, Deputy Minister of Finance for Financial Affairs and Accounts, underlined the shift to accrual-based accounting as part of Vision 2030
