The Sharjah Chamber of Commerce and Industry (SCCI) and an Argentinian delegation discussed ways to enhance cooperation between the business communities in the Emirate of Sharjah and Argentina. Additionally, they also discussed boosting the economic, trade and investment relations between their countries. The discussion was a part of Sharjah –...

On Thursday, the US ambassador in Libya, Richard Norland, also expressed fears over an escalation.

The IMF in January cut the global growth forecast for 2022 to 4.4 percent due to the Omicron variant of Covid-19, after worldwide GDP rose 5.9 percent last year.

Egypt's inflation rate hit 10 percent in February, official figures showed Thursday, as the country heavily reliant on wheat imports from Russia and Ukraine braces for the full impact of their war. "The annual headline inflation rate recorded 10 percent for February 2022, compared to 4.9 for the same month...

The United Arab Emirates on Thursday reaffirmed its commitment to OPEC+ alliance agreements, a day after an envoy said it would urge the cartel to boost oil output. "The UAE is committed to the OPEC+ agreement and its existing monthly production adjustment mechanism," Energy Minister Suhail al-Mazrouei wrote on Twitter....

The Bukhatir Group of the United Arab Emirates announced Thursday the relaunch of a $5 billion real-estate project in Tunisia, expected to boost the North African country's struggling economy. The initiative is expected to bolster the economy, as the country grapples with high public debt, inflation and unemployment.

It would still be a dollar issued by the US Federal Reserve central bank, like all US bills and coins used now, but in a digital form.

Saudi Arabia has achieved its target of getting 30 percent female labor force participation nearly 10 years ahead of schedule, a study said. The research, carried out by Roland Berger on behalf of Uber, shows that women made up 36 percent of workers in the Kingdom in 2021 — up...

European benchmark Brent North Sea crude climbed 5.1 percent to $116.80 per barrel in morning deals. New York's WTI contract advanced 3.5 percent to $112.58. Both contracts had collapsed by more than 12 percent in value on Wednesday, as traders also seized on a glimmer of hope for peace talks...

The EU, IEA, and NGOs stress that the development of renewable energy sources and biogas must be accelerated.

However, Gulf countries have an interest in acting in coordination — both within OPEC, and with Russia-led allies in the OPEC+ group — to avoid a price war and keep control over the market.

Brent had spiked to $139 on Monday — about $8 short of an all-time record — in expectation of the US embargo on Russian oil and gas.

Tetra Pak Arabia Managing Director Niels Hougaard explains what lies ahead for F&B companies — bith regionally and globally — as they eye new goals.

Protests erupted Wednesday in Iraq's impoverished south over a rise in food prices that officials attributed to the conflict in Ukraine. For about a week, the price of cooking oils and flour have skyrocketed in local markets as government officials have sought to address growing anger with various statements and...

Tunisian President Kais Saied declared war Wednesday on food speculators amid a shortage of products such as wheat and semolina -- key staples in a country already mired in a political-economic crisis.

Deadly strikes on Saudi Arabia and the United Arab Emirates claimed by Yemeni rebels have been the talk of shows held in the two countries in recent weeks.

Kyrgyzstan and the UAE have discussed enhancing the investment and trade cooperation between the two sides. Mohamed Ali Musabbeh Al Nuaimi, Chairman of the UAE’s Ras Al Khaimah Chamber of Commerce and Industry, and Abdilatif Jumabaev, Ambassador of Kyrgyzstan to the UAE represented their countries in a meeting. The meeting...

Over 27,800 new member companies joined the Dubai Chamber of Commerce in 2021, a 66.8 percent increase compared to 2020, which brings the organization’s total membership to over 287,000. In 2021, the Dubai Chamber of Commerce saw the return on investment of its digital transformation over the years. The Chamber...

Abu Dhabi's agricultural production in 2020 was valued at AED13.7 billion ($3.72 billion) in 2020, with an increase of 12 percent compared to 2019, growing at a compound annual growth rate of 6.5 percent for 2017-2020. Statistics collected by the Abu Dhabi Agriculture and Food Safety Authority (ADAFSA) in collaboration...

The dividend is 53.4 percent of the net profit earned by the firm last fiscal.

Striking partnerships with companies in the West have helped the two Gulf countries emerge as one of the major exporters of hydrogen to the world.

Jordan Senate President Faisal Fayez Monday held talks with Moroccan officials in Rabat on bolstering Jordan-Morocco cooperation and the regional developments. Fayez held discussions with his Moroccan counterpart Naam Miyara on bilateral cooperation and relations and means to further them on all levels, not the least of which are political,...

Several initiatives taken by Gulf states demonstrate women will play a key role in achieving the transformational goals.

Dubai’s real estate market recorded 368 sales transactions worth $247.66 million and mortgage deals of $48.27 million.

GCC countries have been witnessing a varying degree of change when it comes to Consumer Price Index performance.

Humaid Mohammed bin Salem, Secretary-General of the UAE Chambers said that the UAE's private sector plays a pivotal role in boosting cooperation with countries of the IORA.

Rights groups say that marriage of girl child is widespread in remote, landlocked and marginalised areas in the country.

Nael Kabariti, who is the JCC president, said the Ukraine crisis has led the prices of staples to shoot up.

The National Oil Corporation declared “force majeure” at the Al-Sharara and Al-Fil fields due to the shutdown, according to a statement published on Facebook.

Brent North Sea crude oil for May delivery reached $139.13 shortly after electronic trading opened around 2300 GMT on Sunday.

Saudi Arabia has hiked oil prices for all regions after the crude oil prices soared to more than $115 a barrel over the ongoing crisis arising out of Russia's invasion of Ukraine.

Every Sunday Noori Sani welcomes his old friends around a bountiful Turkish breakfast in Istanbul. But surrounding him now are empty tables on his terrace at his restaurant by the Blue Mosque.

A look at the Arab countries that are dependent on wheat imports from Ukraine and Russia.

A panel discussion was organized by the Riyadh Economic Forum to review the progress of an important study, “New Investments, Digital Transformation and the Knowledge Economy”, as part of the forum’s preparations for its tenth session. Several government officials, academics, businessmen and women and others participated in the discussion. The...

The Qatar-Nigeria Economic Forum kicked off in Lagos, the economic capital of the Federal Republic of Nigeria.

A 10 megawatt solar photovoltaic plant named Tozeur 2 has started operations in Tozeur, a governorate in southwest Tunisia. The plant, built at a cost of 25 million dinars ($8.4m) will consolidate the production of the first plant Tozeur 1, to reach a total capacity of 20 megawatts. The two...

TechWorks is a Jordanian platform aimed at bringing together youth, ideas and resources to jump-start innovations.

In the United State, it took more than a century to pass regulations governing record-keeping for wells and their sealing, or plugging, in many states.

The initiative, called Beyond Food, was launched in collaboration with the Nama Women Advancement Establishment.

The decision includes suspending ‘social distancing measures in all open and closed places’ including mosques.

Haoula considers it extremely important to sustain family businesses as a recognition for their efforts historically, and for the advantages they could bring to the future of the UAE. “The new legislation makes everybody [feel] welcomed, and that for sure will make it a very approachable place for employment and...

The Russia-Ukraine conflict and subsequent sanctions have increased risks to the global economic outlook, with effects that will depend on the length and severity of the crisis, Moody's Investors Service said in a report.

The Food Price Index, which tracks the international prices of a items such as vegetable oils and dairy products went up nearly four percent up from January.

Since Russia invaded, almost 80,000 Ukrainians have returned to fight Russia, leaving industries short of labor.

The UAE Government on Friday announced the official working hours during the holy month of Ramadan for ministries and federal authorities. According to the decision, the official working hours for federal authorities during the month will be from 9:00 to 14:30 on Mondays-Thursdays, and from 9:00 to 12:00 noon on...

The UAE is the latest country to be added to the list, and will have to work closely with the FATF to get off it.

The rate of Iraq's exports during February amounted to 3.314 million barrels per day.

Beijing will target gross domestic product growth of around 5.5% this year, according to a prepared speech by Premier Li Keqiang.

The company will build the government’s data network.

Melilla and Ceuta, Spain's tiny enclaves, have the EU's only land borders with Africa that attracts desperate migrants to escape poverty, violence and hunger both at home.