Jordan’s Minister of Agriculture had a meeting with a World Bank official and a minister of Ukraine.

Eight oil storage tanks and five other tanks for oil and chemical products were damaged and were leaking, while the transformer of the power supply system was also knocked out.

Mainland China, where Covid-19 first emerged last year, remains closed to overseas tourists, as is Japan.

People in the UAE complain about Uber and Careem's high prices, which have been raised significantly in the last few months due to Expo 2020 and Dubai attracting many tourists.

The Lebanese central bank has opened a credit line of $60 million for medicine importers.

World Bank has warned that rising energy prices will stoke inflation in many emerging markets and developing countries.

The expenditure is expected to improve socio-economic conditions for Israel’s Arab minority, which has long complained of marginalization.

The UAE's Ministry of Economy has signed an agreement with LinkedIn for developing a framework for skills-based talent besides identifying, attracting and retaining talent in the Emirates. This agreement is geared towards UAE Strategy for Talent Attraction and Retention in three areas--developing a comprehensive introductory framework for talent based on...

The Chinese firm has restarted work on 10 projects.

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.

On Saturday, Erdogan announced that he had ordered his foreign ministry to expel the envoys for seeking the release of businessman and philanthropist Osman Kavala, who has been imprisoned for four years without being convicted. This triggered the steep fall in Lira already reeling from the Turkish central bank's policy...

Non-oil exports of Saudi Arabia vaulted 26.8 percent to SR23 billion in August, compared to SR18.1 billion in the same period of last year.

The announcement came on Sunday, October 24, a day after Saudi Arabia announced the exact same goal.

Al Ghurair said that the strong Q2 financial results of the UAE banks was an indication that the banking industry is back on the growth path following the decline in Covid-19 pandemic

The virtual license covers 13 economic sectors on top of the strategic sectors targeted by the Abu Dhabi government to attract FDI.

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...

The Kingdom has implemented measures and worked on significant improvements as part of its Vision 2030 to diversify sources of revenue.

Lebanon’s Information Minister George Kordahi has said that the country needs $1 billion to bring up the value of the Lebanese pound against the dollar. He acknowledged the fact that the demand for dollars is high, especially since diesel fuel is sold today in dollar terms.

The FAO and Jordan’s National Center for Agricultural Research have signed a cooperation agreement in this regard.

At the Saudi Green Initiative forum, the Gulf country has also vowed to join a global effort to reduce methane emissions by 30 percent by 2030.

The Meeting will focus on a number of key themes, including investing in the infrastructure for tomorrow such as cross-border connectivity, green financing, resilient healthcare infrastructure and the role of global multilateral institutions in contributing to supporting projects based on ESG principles.

The destination will include a Formula 1 racing trajectory, a Six Flags Theme Park, a water park and sporting venues like football grounds, and a large selection of cultural, creative, and artistic activities.

The oil price rise is expected to raise the economic growth of Saudi Arabia and the UAE. The kingdom is expected to grow by 5.1 percent next year.

The designation by the Paris-based Financial Action Task Force threatens to further limit foreign direct investments -- already standing at a fraction of the inflows Turkey had received when its economy was enjoying robust health a decade ago.

About 61% of the UAE consumers are opting for cards or digital wallets instead of paying in cash, a joint study by Dubai Economy and Visa has pointed out.

Kuwait International Airport will gradually operate commercial flights for all aviation companies.

Dubai Electricity and Water Authority (DEWA) signed a slew of MoUs with local and international companies at the ongoing GITEX Technology Week. DEWA, its digital arm Digital DEWA, and other DEWA subsidiaries signed the agreements aimed at strengthening the integration of the next-generation technologies in utilities in Dubai and the...

The Iranian banking system has paid 12.41 quadrillion rials (over $295.49 billion) of facilities to domestic economic sectors in the first six months of the current Iranian calendar year (March 21-September 22). This is 57.9 percent higher than the amount in the same period from the previous year.

Turkey's central bank cut interest rates for the second successive month on Thursday in what economists interpreted as confirmation of its loss of independence from President Recep Tayyip Erdogan. The bank cut its policy rate to 16 from 18 percent despite soaring inflation and a depreciating currency. The lira extended...

An agreement has been signed to build capacities to establish a sustainable national accounting system in Jordan.

Dr. Sultan Al Jaber said that the national effort to develop the UAE’s industrial sector through the UAE Industry 4.0 program is designed to increase industrial productivity by 30 percent and add AED25 billion to the GDP in the next 10 years. The program is a key pillar of UAE’s...

The banknotes were badly damaged after the coffers were engulfed in groundwater during offensive to take Mosul from the jihadists.

Customers can try on and buy entire collections of eyeglasses, lipstick, nail color, jewelry, and even garments by using augmented reality (AR) applications.

The end to subsidies pushes the cost of filling a vehicle's tank to more than the monthly minimum wage in the poverty-stricken nation. Subsidies were gradually phased out over the past few months to shore up diminishing foreign currency reserves.

Signs of progress on US President Joe Biden's massive spending bill provided an extra lift to sentiment

In the absence of a functioning public transport system, car culture has thrived in Lebanon, with many households, even modest ones, boasting multiple vehicles. Since 2019, however, an ever-worsening financial crisis has made petrol unaffordable for many and long queues at gas stations unbearable for the rest.

The kingdom’s goal is to support small farmers, develop rural agriculture and assist the local development of the food product manufacturing sector, says expert.

Although Dubai is set for a ‘modest’ recovery this year on the back of a high vaccination rate in the UAE and fewer Covid restrictions, but a slower rebound in international tourism could be a drag on the economy until the end of 2022.

The agreement is part of the UAE’s endeavors to strengthen and activate means of economic and investment cooperation globally.

Overall, the Middle East, North Africa and Turkey (MENAT) was the highest-ranking region for the quality of life, with 71 percent of expats recommending it, according to a survey commissioned by HSBC Bank. More than 20,000 expats in 46 countries were questioned for the survey.

Lebanon's political parties seem united in rejecting an investigation into Beirut's massive port explosion that they fear could threaten their survival. Politicians have repeatedly obstructed the work of judge Tarek Bitar by refusing to show up for questioning, filing legal complaints against him, or calling for his dismissal.

Over 3,000 government officials, business leaders and industry experts representing 91 countries took part in the 6th Global Business Forum (GBF) Africa in Dubai, conducted by the Economist Intelligence Unit, which featured two days of thought-provoking sessions highlighting business opportunities emerging across the continent.

The birthplace of the Arab Spring uprisings, Tunisia has faced years of economic woes exacerbated by the coronavirus pandemic, with 18 percent unemployment and debt verging on 100 percent of gross domestic product.

As many as 11 French startups in the technology, infrastructure and services were briefed about the UAE's business environment by the Ministry of Industry and Advanced Technology (MoIAT). The event was the ministry's latest initiative designed to promote partnerships between the UAE and foreign businesses operating in the advanced technology...

Bahrain’s imports grew 16 percent, but its export of national origin ballooned 76 percent in the third quarter of 2021.

The losses follow a healthy run-up last week across the world fuelled by a strong start to the earnings season.

Sabic, WEF, and global companies will formalize the plan.

There will be ample job opportunities in artificial intelligence, robotics, automation, advanced manufacturing, virtual reality, augmented reality and big data analytics.

ADNOC Drilling’s has now achieved an integral position as the sole provider of drilling rig hire and rig-related services to ADNOC Group (ADNOC), as the Company maintains and further grows its critical role in enabling ADNOC to deliver on its 2030 crude oil production capacity target of 5 million barrels...

In Israel, as in many advanced economies, digital payments are rapidly growing, taking the place of transactions once done with bills and coins. But in the West Bank, a territory under Israeli military occupation since 1967, cash is still king.