• WTO reforms essential to meet global challenges

    “Japan and the UAE will deepen their cooperation beyond traditional areas such as energy and the economy to include a wide range of fields like climate change, education, science and technology, outer space, and defense, under the ‘Comprehensive Strategic Partnership Initiative’. Such cooperation could expand in the field of international...
  • Arab Groups supports negotiations on UN Security Council reform

    New York, US--The Arab Group has welcomed the adoption by the UN General Assembly by consensus of a resolution on continuing intergovernmental negotiations on reforming the UN Security Council  during the next session. The step will allow member states to continue working collectively, in order to formulate a common understanding...
  • Key judicial reform clause thrown out, says Israeli PM

    Israeli Prime Minister Benjamin Netanyahu said he had "thrown out" a key provision of his controversial judicial reform plan that has sparked one of the country's biggest ever protest movements. In an interview with the Wall Street Journal, Netanyahu said he intends to press on with the reforms.
  • Qatar and Iran agree to deepen ties in labor sector

    Tehran, Iran-- Qatar and Iran have agreed to bolster ties in the labor sector with the aim of raising capacities, exchanging experiences, developing a consultation mechanism between the two countries, exchanging experiences in the field of vocational and technical training and training centers. In this connection, the Qatari-Iranian Joint Committee...
  • Kuwait crown prince exhorts new MPs to focus on reforms

    Kuwait City, Kuwait-- Kuwait's Crown Prince Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah urged parliament members to focus on reforms "for the sake of Kuwait" with objective of meeting aspirations of citizens to achieve prosperous future. "We are facing a new phase" during which MPs should focus on reforms, a phase full...
  • IMF lauds Jordan for monetary policy ensuring macroeconomic stability

    Amman, Jordan--The International Monetary Fund (IMF) has applauded Jordan for its tight monetary and financial policies that have ensured macroeconomic stability and access to international capital markets. The IMF made the remarks at the end of their visit to Jordan after conducting the sixth performance review of the government's economic...
  • No climate action is possible without climate finance

    Dr Al Jaber noted that climate finance is essential for each workstream of the Paris Agreement, from mitigation to adaptation, and that these resources are particularly needed in the Global South, which has historically received an insufficient share of available resources.
  • Thousands protest in Tel Aviv against Netanyahu plan to reform judiciary

    Continuing with their protests against Prime Minister Benjamin Netanyahu's plans to reform the judiciary, tens of thousands of demonstrators filled up Tel Aviv on Saturday despite the process being put on hold. According to organizers some 258,000 people attended the protest. The demonstration happened a day after a car-ramming attack...
  • Israel attorney general criticizes judicial reform move

    JERUSALEM -Israel's attorney general on Friday accused Prime Minister Benjamin Netanyahu of "illegal" public intervention on the government's divisive judicial reform program, citing his ongoing corruption trial. After largely staying on the sidelines of the discussions, Netanyahu said in a televised address on Thursday he was "entering the arena" and...
  • Israel’s ruling coalition amends key judicial reform proposal

    Jerusalem--Israel's ruling coalition presented on Monday an amended version of a key element in its contentious judicial overhaul, in hopes of allaying concerns at home and abroad for Israeli democracy. The country has seen 11 consecutive weeks of mass demonstrations against the proposed reforms, which are already moving through parliament...
  • Israeli Air Force reservists protest over legal reforms

    Dozens of Israeli Air Force pilots have said they will boycott military training in protest at government legal reforms that critics see as threatening democracy. In a letter sent to the chief of staff, 37 pilots threatened to not attend a training day due on Wednesday. The pilots' statement was...
  • Madbouly invites Qatari businesses to invest in Egypt

    Egypt is focused on rebuilding the state and infrastructure. The country has dropped unemployment levels from 18 percent to 7.2 percent in the current period as a result of launching of major projects in the past few years, which compensated for the decline in the private sector's contribution to growth...
  • Iraq PM affirms support for agriculture, industry, tourism and trade

    Baghdad, Iraq--The Iraqi Prime Minister Mohammed S. Al Sudani has stressed the need for economic reform and supporting the sectors of agriculture, industry, tourism and trade. The prime minister highlighted the need to fortify Iraq, in order for it not to be a passage for smuggling hard currency and money...
  • World Bank predicts decline in Egypt’s economic growth

    Riyadh, Saudi Arabia-- Egypt’s economic growth is expected to decline to 4.5 percent in the fiscal year 2022-23 from 6.6 percent in 2021-22, affected by the Russia-Ukraine war overlapped with persisting COVID19-related disruptions, according to the World Bank’s Egypt Economic Monitor report. But the growth is forecast to inch up...
  • PIF leads Saudi Arabia on path of economic reforms

    In order to achieve the Vision 2030 goals, the PIF and its portfolio companies seek to help the kingdom grow its annual non-oil GDP by about seven percent.
  • AMF signs US$1bn agreement to shore up Yemeni government reforms

    Riyadh, Saudi Arabia—The Arab Monetary Fund has signed a $1 billion agreement with the Yemeni government to shore up the war-scarred country's economic reform program. Sponsored by the Kingdom of Saudi Arabia, the program seeks to contribute to backing efforts made to implement reforms to strengthen the financial status of...
  • What can Europe do to fight soaring power bills?

    European leaders want to break the link between soaring gas prices and electricity bills, a wholesale reform of the EU energy market made urgent by Russia's invasion of Ukraine. This continent-wide shake up of 27 EU economies with different energy needs and sources will be a long and politically-fraught process.
  • Jordan cabinet meeting debates implementation of reform plan

    A cabinet meeting in Jordan discussed ways of implementing the "roadmap" in accordance with the time frame set by the government.
  • Tunisians snub online poll on reforms as inflation and unemployment bite

    The online questionnaire was launched in January, more than half a year after President Kais Saied sacked the government, froze parliament and seized near-total power in a decisive blow against the country's political elite.
  • WB ready to pair with Tunisia to implement reform program

    The World Bank has also offered to continue the implementation of ongoing cooperation projects in the country.
  • Jordan looks to reform old tax system to propel growth

    Jordan is looking to reform its old tax system in order to pave way for growth in national economy. In this regard members of the Jordan Economic Forum (JEF) presented many ideas during a virtual JEF dialogue session held recently.
  • Tunisia launches national consultation to make new constitution

    Eligible topics include electoral, economic, financial, social, developmental, health, education and cultural affairs.
  • UAE legal system gets major revamp

    It also covers copyright, trademarks, commercial register, electronic transactions, trust services, factoring, and residency, in addition to laws related to society and personal security including as the Crime and Punishment Law, the Online Security Law, and a laws regulating the production, sale and use of narcotics and psychotropic substances.
  • UAE updates labor law for private sector

    The new decree-law is expected to, among other things, regulate job contracts and give workers more rights.
  • Lebanon central bank audit demanded by creditors to resume

    A New York-based firm contracted by the Lebanese government is to resume its audit of the central bank Thursday in line with creditors' demands, the Lebanese presidency and a top official said.
  • IMF’s Mideast chief calls for reform program in Lebanon

    He pleaded with the international community to help in the effort The IMF’s dialogue with the Mediterranean country has been on hold since its government resigned last August International Monetary Fund head for Mideast has called for a comprehensive reform program that requires what he considers to be a “different...