Baghdad, Iraq - The Organization of the Petroleum Exporting Countries (OPEC) and OPEC+ alliance have succeeded in achieving stable oil price that will benefit member states and oil industry, Saudi Energy Minister Prince Abdulaziz bin Salman Al-Saud said Friday. The Saudi minister made the statement during a celebration hosted in...
UAE highlights efforts in space sector at UN committee meet
ABU DHABI, UAE - A high-level UAE delegation at the 66th session of the United Nations Committee on the Peaceful Uses of Outer Space (COPUOS) said the country believes in promoting a safe and sustainable outer space environment. The UAE delegation is headed by Omran Sharaf, Assistant Minister of Foreign...
Iran’s annual trade with BRICS rises by 14% to $38.4bn
Tehran, Iran – Iran’s trade with BRICS member states reached 47.99 million tons worth $38.43 billion in fiscal 2022-23. In fiscal 2022–23, Iran's trade with the BRICS nations—Brazil, Russia, India, China, and South Africa—amounted to 47.99 million tonnes worth $38.43 billion, up 14 percent in value and 0.81 percent in...WHO member states agree to develop draft of pandemic accord in early 2023
GENEVA, SWITZERLAND - Member states of the World Health Organisation (WHO) Thursday agreed to develop the first draft of a legally binding agreement designed to protect the world from future pandemics. This zero draft of the pandemic accord, rooted in the WHO Constitution, will be discussed by member states in...
OIC new mechanism to settle investment disputes
The OIC, a 57 member body, has been working on a mechanism for the investment dispute redressal among member states for years now.EU’s Official Development Assistance reaches US$71b in 2021
This represents a 4.3 percent increase in nominal terms and the equivalent to 0.49 percent of collective Gross National Income.
EU negotiators agree landmark law to curb Big Tech
The "Digital Markets Act" (DMA) has sped through the bloc's legislative procedures and is designed to protect consumers.
Africa Finance Corporation tops 30 member states
Burkina Faso, DRC and Morocco are the latest to join More than half of African nations are now members of AFC Africa Finance Corporation, one of the region’s biggest investors in infrastructure development, Wednesday announced that it has exceeded 30 member states, representing more than half the continent. Membership by...
