The licensed plant will manufacture a variety of injectable human healthcare formulations such as vials, ampoules and prefilled syringes.

The membership of the Ajman Chamber of Commerce and Industry (ACCI) grew by 35 percent in 2021, according to Muhammad Ali Al Janahi, Acting Director-General of ACCI. Janahi said the increase in the number of members reflects the Chamber’s efforts in promoting Ajman’s economic fundamentals and investment opportunities available in...

Israeli-organized twin dance festivals in the Sinai have sparked outrage in Egypt as they come just days before the anniversary of the end of the Jewish state's occupation of the peninsula.

The Department of Agriculture and Water Resources in the Wilayat of Adam in the Governorate of A'Dakhiliyah has started harvesting wheat crop in various villages, Omani media reports said. The cultivation of wheat crop begins in Adam in November until March each year. Wheat is harvested in a number of...

Egypt will import wheat from India to compensate for the loss of wheat supplies from Ukraine and Russia, the north African nation's main sources of wheat. El-Said Marzouq El-Qosair, Egypt’s minister of agriculture and land reclamation, said this comes within the framework of the state’s efforts to secure new sources...

Yemen's new leaders are "ready for war" should the latest push for peace with Houthi rebels fail, but a senior official told AFP they genuinely want the years-long conflict to end soon. "Our first option is peace, but we are ready for war," Abdullah al-Alimi said late Saturday in his...

Dubai Logistics City Customs Centre completed 48,000 transactions and cleared goods valued at AED 1.6 billion in the first quarter of this year, said Sami Eisa, Senior Manager of the Centre. The Centre facilitates processes and operations of companies and traders, and in particular in the shipments of the International...

NEPCO Director Amjad Rawashdeh has called the linkages a model for Arab countries.

The tanker XELO, carrying 750 tons of diesel from Egypt to Malta, sank in the Gulf of Gabes off Tunisia’s southeast coast.

The country’s external debt services went up 5 percent, from nearly TND2 billion ($666.69 million) to about TND2.1 billion ($700.02 million).

Iran's Revolutionary Guards said Friday they seized another vessel smuggling fuel in the Gulf and arrested its seven crew members, the second such incident in as many weeks. "Naval forces have seized a vessel carrying smuggled fuel in the Persian Gulf," said Gholamhossein Hosseini, a public relations official of the...

The throughput tonnage at Saudi ports increased by 7.18 percent during the first quarter of 2022, reaching a total of more than 74 million tons, according to Saudi Ports Authority (Mawani). The number of transshipment containers increased by 5.91 percent, with a total of 1.3 million TEUs. Mawani said Saudi...

Israel, a leader in making seawater drinkable, plans to pump excess output from its desalination plants into the Sea of Galilee, depleted by overuse and threatened by climate change. Irregular rainfall, rising temperatures and intensive pumping have overtaxed the world's lowest freshwater lake, which for decades has served as the Jewish...

Cash-strapped Sri Lanka imposed fuel rationing on Friday in another worsening of the economic crisis that has sparked widespread demonstrations calling for President Gotabaya Rajapaksa's resignation.

Iran has started making components for machines used to enrich uranium at a new workshop in Natanz, the country's main nuclear site, the UN atomic watchdog said Thursday.

The Ministry of Economy (MoE) has received the request to register the Investopia Summit trademark internationally, in line with the country's accession to the Madrid Protocol for International Trademark Registration. Once the procedure is complete, the registration with World Intellectual Property Organization (WIPO) will protect the Summit's trademark in more...

France and Algeria have been attempting to improve their ties after a diplomatic crisis.

"A maritime gasoil smuggling network resulting from the looting of Libyan state oil refineries was allegedly carried out between 2014 and 2015 in the context of the Libyan conflict," Swiss state prosecutors said.

In an effort to ease Americans' pain at the gas pump, President Joe Biden has announced his administration will ease restrictions on the sale of E15 -- gasoline that includes 15 percent ethanol -- and new investments in biofuels as a whole. But the decision hasn't pleased scientists who study...

Current President Guillermo Lasso has plans to double Ecuador's oil production in spite of opposition from indigenous communities and environmentalists.

The European Space Agency on Wednesday ended cooperation with Russia on three missions to the Moon due to Moscow's invasion of Ukraine, following a previous decision to do the same for a Mars mission. The ESA said it would "discontinue cooperative activities" on Luna-25, 26 and 27, a series of...

The German auto giant said operating profit rose to $9.3bn.

Ajman Free Zone (AFZ) announced today that it has become an AWS Activate Provider. Startups affiliated with the AFZ, which are building or about to start building on Amazon Web Services (AWS), can now apply for the AWS Activate incentive program and receive free AWS credits, technical support, training, resources,...

Members of the European Parliament urged Tunisian President Kais Saied on Wednesday to engage in "genuine" dialogue with political parties and civil society, months after he staged a power grab.

Sandooq Al Watan, the community initiative launched by Emirati businessmen to support the creation of a better future for forthcoming generations, announced that it has funded ‘Lune,’ a platform from an Emirati startup specializing in the field of financial data analysis, with an amount of AED250,000 ($68,000). Created by Lune...

European Central Bank policymakers meet on Thursday faced with the challenge of threading a response between record-high inflation figures and weak growth due to the war in Ukraine.

The IMF plans to raise at least $45 billion for a new trust to help ‘low-income and vulnerable middle-income countries’.

The two-month ceasefire between Yemen's Houthi rebels and Saudi led military coalition took effect 11 days ago.

Tens of billions of dollars in Iranian money were blocked in many countries including China, South Korea and Japan.

Jordan and Turkey will jointly mine copper in Abu Khashaba Canyon and Ghor Fifa in Southern Jordan. Jordan’s Ministry of Energy and Mineral Resources and Turkey's "Solvest Trade and Industry Limited Company" on Wednesday signed a memorandum of understanding (MoU) regarding the same. The deal was signed by Energy Minister...

The Saudi Development and Reconstruction Program for Yemen (SDRPY) and the Saudi Red Crescent Authority (SRCA) announced today the provision of urgent and immediate support to support the capabilities of Yemeni medical centers and hospitals. The support is to allocate and provide 30 ambulances and highly equipped urgent response vehicles. https://twitter.com/mediasrcaen/status/1513907517373534208?s=20&t=9W7mUIzFsfuJCh4h8fWDNA...

Terming the hosting of Expo 2020 Dubai as a 'truly remarkable World Expo, Dimitri S Kerkentzes, Secretary-General of the Bureau international des Expositions (BIE), lauded the UAE leadership for offering a historic event for the region and the world. Speaking to the media on the conclusion of the Expo 2020...

The Cabinet authorized the Tourism Minister to discuss tourism promotion with Iraq.

Sri Lanka's snowballing economic crisis began to be felt after the coronavirus pandemic torpedoed vital revenue from tourism and remittances.

A business delegation of Czech Republic visited Bahrain to explore investment opportunities and expansion of economic projects between the two countries. The delegation expressed keenness on cooperating with Bahrain for investment in various private sectors. Industry, Commerce and Tourism Minister Zayed bin Rashid Al Zayani said that Bahrain welcomes all...

ADQ, an Abu Dhabi-based investment and holding company, and Chimera Investments, an Abu Dhabi-based private investment firm, announced they have established ADC Acquisition Corporation (ADC), the UAE’s first Special Purpose Acquisition Company (SPAC). ADC plans to raise AED367 million through an Initial Public Offering (IPO) of 36.7 million shares at...

Maritime traffic between Spain and Morocco is set to resume Tuesday following the normalization of diplomatic relations between the two countries, Rabat's transport ministry said. Embroiled in a dispute with Spain over the territory of Western Sahara, Morocco upheld the blockade between some of the largest ports on the Mediterranean...

The plan includes allocating interest-free loan packages to farmers through the Agricultural Credit Corporation.

The cost of wheat flour in Palestine has already surged by nearly 25 percent because of the Ukraine crisis.

The decision also grants visa holders a temporary three-month stay that is obtained directly at border posts on each trip.

Saudi Arabia’s Eastern Province has launched 11 investment projects in Dammam metropolis. The Undersecretary for Investments and Revenue Development, Eng. Hamdan Al-Aradi, said the launch of these investment sites is part of the objective of 40 investment projects with an area of ​​3 million square meters. The objective itself, he...

Asian stocks posted losses on Monday as unease lingered over tightening monetary policy by the Fed and rising prices in China.

Spain on March 18 said it had agreed to publicly recognize Rabat's autonomy plan — a longtime demand from Morocco — for the territory, ending a decades-long stance of neutrality.

The 2022 World Cup, organized by the international football association (FIFA), is the first such event in the Middle East.

The luxury hotel chain is planning 15 new hotels in the next 10 years, which include at least 5 new properties in Dubai and a new hotel in Makkah

Iran's foreign minister said Sunday that Washington is "imposing new conditions" in the negotiations to restore the 2015 nuclear agreement.

More than a thousand Tunisians rallied Sunday decrying what they said was a power grab by President Kais Saied and his proposed constitutional reforms.

President of the Jordan and Amman Chambers of Industry Fathi Jaghbir said Saturday that the National trade window to facilitate investments and improve the business environment is a key reform leap.

The total real estate trading volume in Jordan by the end of March reached JD 1.414 billion ($1.6 billion). The real estate trade volume in the North of Amman Land Registration Directorate amounted to JD272 million at the end of the first quarter of this year, ranking first among the...

The 200 volunteers at work in Baghdad remove garbage from a stretch of one of the mighty rivers that gave birth to the ancient civilizations of Mesopotamia.