GCC Secretary General Jasem Albudaiwi calls for visa-free travel to Europe, aiming to simplify the journey for Gulf citizens to the continent.
‘Emphasis grows on market protection over free trade’
"We believe that enhancing competitiveness and ensuring that the nations offering the best products and services come out on top is more crucial than those offering the largest subsidies," he says, adding that from an economic standpoint, it is widely recognized that subsidies do not lead to the desired economic...‘Qatar plays crucial role in enhancing transparency’
"Uzbekistan is eager to strengthen its cooperative relationship with Qatar, particularly in anti-corruption efforts. Qatar has achieved advanced rankings and received numerous international accolades in this area, from which Uzbekistan seeks to learn," he adds during the Sheikh Tamim Bin Hamad Al-Thani International Anti-Corruption Excellence Award.ADX set for dynamic growth in 2024 with new listings
"ADX's crucial role in bridging investors with companies, fostering growth opportunities, and reinforcing the UAE and Abu Dhabi's status as global investment centers helped in a increased listings and offerings this year," he adds on the sidelines of the Environmental, Social, and Governance (ESG) index launch at Abu Dhabi Finance...Rising temperatures worry MENA region
The Middle East and North Africa (MENA) region faces severe climate change challenges, including water scarcity and extreme temperatures, with the area warming at twice the global average rate. This could lead to a temperature rise of 4 degrees Celsius by 2050, impacting daily life and the economy. While GCC...Saudi Arabia sets ambitious goals for mining sector
"We have begun discussions with 80 countries participating in the mining sector. ... An international platform has been established in Riyadh to support the development of the mining sector in the region, ensuring investment flow and aiding African and Central Asian countries in bringing more minerals to the market," he...
Visa-free Russia travel on the horizon for Saudi, Oman, Bahrain, Malaysia, Kuwait
Sochi, Russia -.Starting in 2024, travelers from Saudi Arabia, Oman, Kuwait, Malaysia and Bahrain may no longer need tourist visas to visit Russia, Deputy Minister of Economic Development Dmitry Vakhrukov said on the sidelines of the FTT-2023 Forum of Tourism Territories, Tass reported. "I reckon this could happen next year....Clean cooking to save millions, boost gender equality
He was referring to a new IEA report which suggests that universal clean cooking access could be reached worldwide by 2030 with annual investment of US$8 billion. "This is just a tiny fraction of what the worlds spends on energy each year. Tackling this injustice is affordable and achievable," he...UAE vows $100m to tackle migration, climate change
"The UAE believes in the importance of joint action, integration of efforts, and promotion of economic development for countries facing development challenges and affected by irregular migration, according to a framework of joint planning with various international partners," adds Al Hashimy.
Saudi Arabia highlights efforts to empower women at Human Rights Council Session
Geneva, Switzerland - Saudi Arabia played up its efforts to empower women and promote their participation in the country's economic development during the 53rd session of the United Nations Human Rights Council in Geneva. The event was organized by the Permanent Mission of the Kingdom of Saudi Arabia to the...
Saudization, progress help KSA reduce unemployment
Since the launch of Vision 2030, the kingdom's unemployment rate has notably dropped due to economic development, job localization, and greater women participation in labor market.Collaboration helps strengthen Emirati workforce
“This also opens new horizons for Emiratis to effectively contribute to the UAE's economic development,” adds Farida Al Ali, Assistant Undersecretary of National Human Resources Employment at the UAE's Ministry of Human Resources and Emiratisation, referreing to events such as recruitment open days.
ADNEC posts strong 2022 growth
In 2022, the Group launched its new corporate identity.
AGFUND, AMF ink MoU to promote economic development in Arab region
The MoU will focus on supporting micro, small and medium-sized agricultural projects, and digital financial transformation.
China’s digital economy hits $6.3 trillion
The digital economy has become an important cornerstone of China's stable economic development, said the China Internet Development Report 2022.
Iraq records high positive indicators for the economy in 2021
The Ministry of Planning has not prepared a report on economic indicators during the year 2021 but there is an improvement in many fields.
ADX proposes region’s first SPAC regulatory framework
The ADX and ADDED, in conjunction with legal and investment specialists, have worked together to produce the proposed SPAC regulations, assessing the regulatory landscape and benchmarking US and international SPAC regulations. Following its review by the SCA, the SPAC proposal will require formal regulatory approval.
Africa needs to revamp transportation for economic development: DP World CEO
Africa offers significant potential for investment and economic partnerships that can create mutual benefits for UAE businesses and their African counterparts, said Sultan Bin Sulayem, CEO of DP World Group. Speaking at a session of the Global Business Forum Africa in Dubai, Bin Sulayem said that for trade links to...UAE, Hungary sign agreement to boost economic cooperation, investment protection
The pact aims at securing a comprehensive balance between rights and obligations between investors and the host country
