Saudi Arabia’s non-oil exports increased by 27.5 percent year-on-year in January 2022, rising to SAR 24.1 billion ($6.42 billion) from SAR 18.9 billion in January 2021, according to the International Trade Report for January 2022 issued by the General Authority for Statistics (GASTAT). The most important non-oil goods were 'Plastics...

Saudi Vice Minister of Industry and Mineral Resources Eng. Khalid Saleh Al-Mudaifer estimated the total value of mineral wealth in Saudi Arabia at around $1.3 trillion.

The Jordanian Minister of Investment, Khairy Amr voiced Jordan's readiness to provide facilities for Indian investment in Jordan and invited Indian experts to his country for the purpose.

The world must not forget the millions of people in need across the Middle East and North Africa, UN chief Antonio Guterres told the Security Council.

The recent rally across equities over the past week appears to have run its course for now as investors nervously track developments in the Ukraine war.

The council has also set minimum values of iftar meals and atonement for not fasting during the previous Ramadan.

The package, reached after weeks of pressure including a nationwide strike by truckers demanding price controls, covers 180,000 vehicles

The Department of Economy and Tourism (DET) in Dubai and du, from Emirates Integrated Telecommunications Company (EITC), have opened the Digital Business Hub.

Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum on Wednesday issued a law on Local Military Pensions and Social Security Fund in Dubai, in a move that seeks to support the emirate’s vision in the domain of social security and pensions and ensure the implementation of best practices. An official...

Gaza, a Palestinian territory of some 2.3 million people under Israeli-blockade since 2007, suffers from an unemployment rate above 50 percent, where even those with post-graduate degrees can struggle to get by.

Saudi Arabia accounted for 22 percent of GCC investments to Latin America during 2016-2021, followed by Qatar with 1 percent.

It is hard to balance sustainable developments and what people want in the market, especially when it comes to pricing, Zazen One CEO Madhav Dar tells TRENDS.

Vietnam has signed economic, trade and scientific-technological cooperation agreements with five GCC countries.

Six currencies account for 90 percent of transactions in the Arab world, said Dr. Abdulrahman bin Abdullah Al Hamidy, Director-General and Chairman of the Board of Executive Directors of the Arab Monetary Fund (AMF). The currencies are the Emirati Dirham, the Saudi Riyal, the Egyptian Pound, the Jordanian Dinar, the...

The project is a joint endeavor between the Saudi-based Aramco Gulf Operations Company and Kuwait Gulf Oil Company.

The project is a joint endeavor between the Saudi-based Aramco Gulf Operations Company and Kuwait Gulf Oil Company.

Evergrande has urged its investors to exercise caution as debt-ridden Chinese giant faces financial challenges.

It will be possible to see the crescent with a telescope, but not the naked eye, from parts of the Islamic world on April 1.

For a 50/50 chance of limiting the rise in global temperatures to 1.5C, 19 countries in which per capita GDP would remain above $50,000 without oil and gas revenue must end production by 2034. Included in this tranche are the US, Norway, Britain, Canada, Australia, and the United Arab Emirates.

Saudi Arabia Railways "SAR" has opened online booking of tickets for train services via the North Train to and from Al-Qurayyat Passenger Station. This is a part of its final preparations to operate the passenger train station in Al-Qurayyat. The services to Al-Qurayyat starts on March 31, 2022, with a...

An embargo on Russian oil imports, pushed for by some European countries over Moscow's military action in Ukraine, would have a direct impact on everyone, the Kremlin said Monday.

Hala Al-Saeed, Egypt’s minister of planning and economic development, discussed ways to enhance future cooperation between Egypt and Saudi Arabia with Majid bin Abdullah Al-Qasabi, Saudi minister of trade. The discussions took place on the sidelines of the meetings of the Governance Council of the Arab-Africa Trade Bridges Program. Al-Saeed...

The value of the Egyptian pound shed 13 percent against the US dollar on Monday, registering 17.80 pounds against the greenback after a recent rise in inflation.

Four of the six GCC members feature within the top 50 of the World Happiness Report, and are atop the rankings among the Arab countries.

"As part of the Steel Week, one-to-one meetings were held with leading players in steel production and logistics industries based in the UAE," the Indian Ministry of Steel said in a statement.

ChequeScore is an app released by the UAE government-owned Al Etihad Credit Bureau, and can predict the possibility of a cheque bouncing.

Khamenei said the toughest problems encountered last year were due to "rising prices and inflation".

The plea by Japan's Foreign Minister Yoshimasa Hayashi came during meetings with Emirati officials which coincided with a visit by Germany's economy minister.

Germany has committed to "fast track" the construction of two liquefied natural gas terminals as part of a new long-term deal with Qatar as it looks to reduce dependence on Russian gas, the Gulf state said Sunday. Qatar has insisted on long contracts because of the huge cost of investing...

Top crude exporter Saudi Arabia announced a "temporary reduction" in oil output at a facility run by energy giant Aramco on Sunday, after Yemen's Houthi rebels launched multiple cross-border attacks.

The Ajman Business Women's Council and Umm Al-Moumineen Women's Association in Ajman will now work together to empower women. The two parties signed a pact regarding the same which also involves enhancing cooperation and implementing joint initiatives and projects related to women empowerment. Also, the pact aims to strengthen women's...

In the middle of a bazaar in western Afghanistan, Arezo Akrimi takes out her smartphone and, after a few taps of the screen, changes some cryptocurrency for a bundle of hard cash. Arezo, 19, is one of a hundred students in Herat receiving around $200 a month in cryptocurrency since...

Kuwait’s Ministry of Education has said it will hire 1,000 non-Kuwaiti male and female teachers to fill the shortage in schools for the next academic year 2022-2023. Media reports said that an applicant must be a University graduate qualified to work in general education schools in 11 different specializations. The...

The French-Tunisian setup includes the "Palm Lab," where engineers, architects and artists discuss how to conserve the oasis of agriculture.

The amplifying factors include sanctions against Russia’s aviation sector, which cast a global pall over the aviation industry.

Expo 2020 Dubai, the largest global gathering since the start of the pandemic, reached the milestone of 20 million visits on Saturday, 19 March.

After a week of losses, the Saudi index posted 0.9 percent increase even as the uncertainty spurred by the Ukraine conflict continued to weigh on the capital markets across the globe.

The crude oil exports of Saudi Arabia rose by 59,000 barrels per day to 6.996 million bpd in January, according to the Joint Organizations Data Initiative (JODI).

The Saudi Arabia’s Ministry of Investment (MISA) announced on Friday that it has signed a Memorandum of Understanding (MoU) with Amazon Saudi Arabia for the establishment of a dynamic business environment that affords growth opportunities for small and medium enterprises across the Kingdom.

The Palestinian Authority is already engaged in ongoing national efforts to diversify international markets that supply Palestine with basic commodities.

The annual report is published by the United Nation’s Sustainable Development Solutions Network.

The amount generated is expected to help families and businesses struggling with high bills.

The pavilion of Saudi Arabia in Expo 2020 Dubai has been awarded Best Pavilion by EXHIBITOR magazine.

Arab countries that offer electronic passports include Saudi Arabia, UAE, Qatar, Oman, Lebanon, Algeria, Kuwait, Morocco, Comoros, Djibouti, Mauritania, Somalia and Sudan. Countries in the region that don't have a microchip in their passports include Bahrain, Egypt, Iraq, Jordan, Libya, the Palestinian territories, Syria, Tunisia and Yemen.

Turkish President Recep Tayyip Erdogan on Friday opened the world's longest suspension bridge over the Dardanelles strait in northwestern Turkey -- which cuts travel time between Asia and Europe to six minutes. The 2.5-billion-euro ($2.8-billion) "1915 Canakkale Bridge" built by a consortium of Turkish and South Korean companies has a...

The IEA urged governments to urgently implement measures to cut global oil consumption within months following supply fears stemming from Russia's invasion of Ukraine. The IEA also called on the OPEC+ group of oil-producing nations led by Saudi Arabia and Russia to help "relieve the strain" on markets.

"We provide the best facilities and customs services to Indian businesses which can also benefit from the advanced infrastructure and logistics," Dubai customs official Musabih said.

The grants were approved at the 179th session of OFID’s Governing Board in Vienna.

The privatization move will also help the regional governments in maintaining better economic growth, increasing private participation and attracting foreign investments.

Those countries "that have a common border with either Russia or Ukraine" would be particularly affected, while bearing the brunt of refugee flows from Ukraine, said the OECD report.