Abu Dhabi and San Marino will explore new avenues of economic cooperation and boosting trade. Saeed Ghumran Al Remeithi, Deputy Treasurer of the Abu Dhabi Chamber’s Board of Directors, met with Fabio Righi, San Marino’s Minister of Industry. The meeting between the two was held at Chamber’s tower in Abu...

To achieve development goals, the MENA region must create three hundred million jobs, according to President of the World Bank David Malpass.

The Gulf Cooperation Council’s banking sector profits recorded a 40 percent surge to hit $35 billion in 2021, a report by investment company Kamco said.

The 13 members of the Saudi-led OPEC and 10 countries spearheaded by Russia backed an increase of 432,000 barrels per day in May, marginally higher than in previous months.

Ahmed Al-Emad, a spokesman for the rebels' foreign ministry said that the recent meeting on Yemen conflict held in Riyadh "has nothing to do with the issue of peace."

The paper has shone a spotlight on how Saudi Arabia’s e-government, tourism, healthcare, and transit sectors stand to benefit from the smart city revolution in the Kingdom.

The Egyptian and Saudi governments have signed a draft agreement for Saudi investments in the country totaling a projected $10 billion, according to a statement by the Egyptian cabinet.

The unemployment rate among Saudi citizens reduced to 11 percent in the fourth quarter of 2021. The General Authority for Statistics (GASTAT) released the "Labor Market Statistics Q4, 2021, on its official website which revealed this data. The unemployment rate fell by 0.3 percentage points (pp) from Q3/2021, and lower...

The developer would sell the Crystal City Project in Hangzhou for 3.66 bn yuan.

The Sharjah Chamber of Commerce and Industry (SCCI) has called on German businessmen and investors to explore investment opportunities within the emirate’s business community, in order to access new avenues of partnership and develop economic and trade relations between Sharjah and Germany. The call for investment was made at a...

Tunisia is facing major structural challenges that result in deep macroeconomic disequilibria, a weak growth in spite of its strong potential, a high unemployment rate, weak investment, and social inequality, International Monetary Fund has said. The impact of the pandemic and the war in Ukraine are now adding to these...

This year’s summit has brought together 190 countries, over 500 speakers, and 4,000 participants worldwide to discuss the future of governments.

Russia's Ukraine invasion, which has already exacerbated food woes in parts of Africa and the Middle East, is marring preparations for the holy month of Ramadan and forcing a turn to frugal iftar sunset meals. From Lebanon to Tunisia and Somalia, Muslims who traditionally break a dawn-to-dusk fast with lavish...

'Russia's aggression against Ukraine is increasing the risk of famine around the world,' France's representative to the UN said.

"The criminal reconciliation decree feeds impunity and hides the truth," 34 organizations said in a joint statement.

Digital Government Authority has launched the Digital Government Investment and Procurement Program (SADAF) initiative to accelerate digital procurement in government agencies.

Hard-pressed to prop up the economy and stem steep price hikes if the Ukraine war continues, Khaled Osaily, Economy Minister of the Palestinian Authority, is praying for peace.

The firm made a strong debut on the Saudi stock exchange on Mar 22.

Private equity and capital growth in Saudi Arabia has reached SR12 billion ($3.2 billion), Mohammad Al-Quwaiz, chairman of the board of the Capital Market Authority said. He noted that the growth has doubled in the last five years. Al-Quwaiz was speaking at the Global Entrepreneurship Congress 2022 in Riyadh. He...

Shamma bint Suhail Al Mazrouei, Minister of State for Youth Affairs and Vice President of the Arab Youth Center (AYC), has said that government institutions have a duty to provide youth with skills and opportunities. This would enable them to become drivers of sustainable human, economic and governmental development. She...

Brazilian President Jair Bolsonaro decided on Monday to replace the president of state-owned oil giant Petrobras, Joaquim Silva e Luna, amid strong pressure due to recurrent increases in fuel prices.

Volatility on oil markets sparked by Russia's invasion of Ukraine would be worse without OPEC+, the Saudi energy minister said on Tuesday, insisting the alliance that includes Russia deserves credit.

The UAE has called for a stronger investment in oil and gas resources in order to protect the global economy from the effects of geopolitical issues and to manage the energy transition of the future.

The Global Entrepreneurship Congress is expected to see 40 agreements being signed between government agencies and major corporations.

Lebanon is grappling with an education "emergency," a United Nations official said, as years of economic collapse weigh heavily on students and teachers.

Five countries, including Saudi Arabia, South Korea, Italy, Ukraine and Russia are in the reckoning for the 2030 World Expo.

Speaking at the MENA Climate Week Dr. Al Jaber explained that the UAE is adopting a comprehensive, balanced and proactive approach to climate action.

Prosecutors are probing links Lebanon's central bank chief's link to criminal associations and money laundering.

The latest move follows months of growing discontent in Syria over a spiraling economic crisis.

Mubadala’s UAE Investment chief Musabbeh Al Kaabi said on Monday that the Gulf region will play an increasingly important role in protecting global energy supply chains in the coming decades as the world transitions to alternative forms of energy. He said this during his participation in the Global Energy Forum,...

Pablo Martinez, Managing Director and Senior Partner at the Boston Consulting Group, sheds light on what lies ahead for the sector in the kingdom.

Oman and Sri Lanka have discussed economic and trade cooperation. In this connection, Saleh Said Masan, Undersecretary for Commerce and Industry of Oman met Bandula Gunawardena, Minister of Trade of Sri Lanka, in Muscat on Sunday. The two sides explored aspects of the joint cooperation, economic diversification sectors and the...

The MoU aims to strengthen trade relations and develop mutual cooperation, encourage and facilitate economic cooperation between business communities in both countries.

The deal was signed on Sunday, March 27, in cooperation with the International Labor Organization.

In a circular, Prime Minister Bisher Khasawneh called for observing the sanctity of the holy month.

The fisheries sector in the UAE has changed quite a bit over the past two decades, with a pointed move towards sustainability.

In total, 236 migrants were arrested by Moroccan authorities during operations in Tarfaya, located 100 kilometers from the Canary Islands.

Now entities that typically have strong brand equity, control over distribution, and very few competitors, have a competitive edge that makes it difficult for rivals to emulate their products and services. What of the rest? Lovrenc Kessler, Managing Partner of Simon-Kucher & Partners Middle East, explains.

The UAE is going to invest some $2 billion in Egypt by buying up the state-owned companies in order to shore up the country's teetering economy as hardships from the Ukraine war spike.

Rapidly reducing methane emissions is the most effective strategy to limit global warming in the near term and keep 1.5 degrees Celsius within reach.

The Ministry of Energy and Mineral Resources and the United States Agency for International Development (USAID) in Jordan have launched a project to support the kingdom's energy sector. Jordanian media reports said the USAID-funded project valued at $40 million will be implemented over a five-year period, citing a statement from...

The Lebanese pound has lost more than 90 percent of its value on the black market, more than 80 percent of the population lives in poverty.

According to US officials, discussion over the nuclear deal with Iran and global wheat shortage caused by the Ukraine war are among the main agenda of this trip of the US Secretary of State.

According to a professor at Ghent Institute, the pandemic did not bring radical changes in terms of reshoring but the conflict between Russia and Ukraine will have an impact on investors.

Central Elections Commission chief Hanna Nasser said a number of candidates had been arrested for political reasons.

The move comes two weeks after the country lifted all Covid-19-related entry restrictions.

For the second time since the global financial crisis, the Middle East has surpassed Europe in terms of IPOs as regional investors seek liquidity from increased oil prices.

S&P has revised its outlook for Saudi Arabia from a stable to positive in the light of the recovery of the kingdom's economy from the pandemic, driven by higher oil prices.

Saturday's session risks underscoring the sharp divide in Iraqi politics between Sadr and the powerful Coordination Framework that includes the pro-Iran Fatah Alliance.

Migrants from African countries ravaged by war and poverty, make desperate bids to reach Europe through Mediterranean sea which is the world's deadliest migration route.