The residential complex is located in Bir Al-Souk in Morocco.

It has appointed Ahmed Obaid Al Qaseer to the post.

The project will see an investment of SAR3 billion ($800 million).

The projects that the SFD contributes to financing through loans and grants in Pakistan amount to around SAR5 billion ($1.33 billion).

The UAE's Department of Municipalities and Transport (DMT) said that service fees for real estate units’ owners and investors in development projects were reduced by 26.4 percent during 2020 and 2021. In 2020, the service charges were reduced by 18.1 percent, with another 8.3 percent reduction introduced in 2021. The...

The World Bank (WB) announced that it would support the higher education sector in Iraq with an amount of $5 million.

The ministers of the UAE and the UK discussed the historic relations between the two countries and their strategic cooperation, as well as ways to develop ties in all fields.

The Ras Al Khaimah Department of Economic Development (RAK-DED) offered AED 7 million ($1.9 million) in economic stimulus package to business sectors in the Emirates. Local media reports said the package was provided to support the local economy and ensure business continuity during the COVID-19 pandemic. RAK-DED said the package...

The deal they signed is expected to support the development in various activities and events in the field of marine sports in the emirate.

The projects have been inaugurated in Djibouti.

The World Bank has also offered to continue the implementation of ongoing cooperation projects in the country.

The UNCTAD’s Global Trade Update said all major trading economies saw imports and exports rise above pre-pandemic levels in the fourth quarter of 2021.

The Islamic Development Bank (IsDB) approved the establishment of the Afghanistan Humanitarian Trust Fund (AHTF), which will channel humanitarian and development assistance to Afghanistan. The AHTF will be administered by the IsDB, which welcomed the OIC invitation to its member states, Islamic financial institutions, donors, and other international partners to...

Aldar Properties (Aldar) said on Tuesday that contracts worth more than AED8.5 billion ($2.3 billion) were awarded across its development projects in 2021. Sixteen contracts were awarded spanning infrastructure, residential, commercial, and mixed-use projects in Abu Dhabi. They were awarded to 14 different UAE-based contractors, resulting in a significant contribution...

The discussions are said to have taken place at Qasr Al Watan, the presidential palace.

A number of US companies are willing to invest in basic infrastructure and logistics to support Tunisia's efforts in this field, US Ambassador in Tunisia Donald Blome stressed at his meeting on Monday with Transport Minister Rabii Majidi. The two parties underlined the considerable progress of Tunisia's millennium challenge program...

Iraqi's granting facilities to investors including regulations in completing transactions and eliminating corruption and providing safe environment renewed many hope for the growth of investment sectors in the country.

A team of developers from Kyoto University and Sumitomo Forestry Co said satellite that uses wood is cheaper than the one using aluminum, the current mainstream material for satellites.

Investment opportunities also exist in IT solutions for Jordan's financial sector and enterprise solutions and emerging applications. In addition, Jordan is experiencing an influx of investment to develop software-dependent sectors such as transportation, tourism, energy, and water, the Jordanian minister adds.

The center was announced by Crown Prince Mohammed bin Salman during the Middle East Green Summit held in Riyadh recently.

The council will focus especially on boosting the emirate’s leading-edge competitiveness and leadership regionally and internationally.

The fund will collaborate with the UN agency to build climate-resilience and take shock-informed anticipatory action.

Qatar Fund for Development (QFFD) has signed a five-year agreement with Gavi, the Vaccine Alliance, and donated $10 million between 2021 and 2025 to support Gavi's efforts to enhance equitable and sustainable access to vaccines in low-income countries. Under the agreement, QFFD will support Gavi to enhance access to vaccines...

Libya’s second city Benghazi has mushroomed to twice its size, creating an unplanned and chaotic urban sprawl.

The discussions took place between Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum and Brazil President Jair Bolsonaro at Expo 2020 on Saturday. The meeting saw the signing of several agreements and MoUs between the two sides.

The deal is valued at AED1.1 billion ($300 million).

The new five-pillar plan apparently aligns with Bahrain’s Economic Vision 2030 and its intention to achieve net-zero carbon emissions by 2060.

The market, which reportedly aims to promote Bahrain’s agricultural products and highlight the development taking place in the country’s agricultural sector, is returning after a one-year hiatus caused by the Covid-19 pandemic. It will be held at the Budaiya Botanical Garden in December.

The Hatta master development plan is said to be aimed at developing Hatta, an exclave of Dubai, into a tourist spot that will also serve as a local and international destination for business and investment. It is expected to be implemented as part of a five-year development plan in the...

Japanese firm Toyota is the world’s biggest carmaker.

The cabinet also approved the 2022 budget, which calls for spending of AED 58.931 billion ($16.05 billion).

Jordan’s Minister of Planning and International Cooperation Nasser Shraideh, have held discussions with Danish Minister of Development Cooperation Flemming Mortensen and his accompanying delegation to increase cooperation that may increase the volume of joint trade between the two countries.

Fahad Hejji, the First Secretary of the Permanent Mission of the State of Kuwait to the United Nations, has said at the UN that women from his country play a significant role in the development and modernization of society, and they have offered invaluable contributions to the national efforts to...

The EDB-Ajman MoU is in line with the Make it in the Emirates Campaign.

The memorandum is said to be in line with Kuwait Vision 2035 and the national development plan 2021-2025.

Bahrain has succeeded in lowering its deficit by 35 percent to $1.38 billion in the first half of 2021, compared with the same period last year.

The projects in the Tabuk region will include initiatives related to housing, transportation, environment, and agriculture.

The system modernization will take place over the next several months as part of a continuous comprehensive zone development plan.

  It will be held on October 6 and 7 this year at the Expo 2020 Dubai This WGES is expected to have a broader scale as it is being held in conjunction with the expo Dubai is gearing up for the seventh edition of the World Green Economy Summit,...

*Dubai finance ministry and Dubai SME sign MoU * SME owners will be encouraged to register in the ministry's Federal Supplier Register Dubai’s Ministry of Finance recently signed a Memorandum of Understanding with Dubai SME to support the business sector and advance comprehensive and sustainable development in the country. Under...

Internet access in rural areas can boost job markets and lead to a greener future The access can propel them to have the same living standards as the city dwellers If rural populations were provided with a more reliable internet access, it can not only offer better jobs and higher...