The move comes as UPS seeks to "align" its resources.

RIYADH, SAUDI ARABIA - Konoz, an initiative of the Ministry of Media's Center for Government Communication (CGC), has released a documentary called Horizon that, in collaboration with the National Center for Wildlife, highlights the abundance of wildlife and natural resources in the Kingdom. The documentary is currently being shown on...

DUBAI, UAE – The Dubai Land Department (DLD) is committed to providing property owners with easily accessible resources to reinforce transparency within the real estate market and promote adherence to relevant laws and regulations. The official list of accredited companies and valuation offices is available on DLD’s official website (dubailand.gov.ae)...

Jeddah, Saudi Arabia--Saudi Arabia’s Crown Prince Mohammed bin Salman has announced the establishment of Global Water Organization in order to safeguard water resources, the Saudi Press Agency (SPA) reported on Monday. The newly formed organization will have its headquarters in Riyadh and is set to play a pivotal role in...

Dubai, UAE - Middle East needs a ‘New Deal’ to deliver for its 600 million people more jobs, better education, greater dignity, better governance, and a broader, fairer distribution of economic opportunities and resources.  “The status quo of state-dominated economic activity will be hard to sustain, especially for heavily indebted...

ABU DHABI, UAE - The Abu Dhabi Chamber of Commerce and Industry has signed a Memorandum of Understanding with the Ethiopian Investment Commission (EIC) to foster the robust economic collaboration between the two sides. The MoU also aims to establish a framework for cooperation that advances trade, investment and economic...

TEHRAN, IRAN – Iran is the first Islamic country to possess a very modern observatory, the head of the Institute for Research in Fundamental Sciences Mohammad Javad Larijani said. “We started the construction process (of the observatory) concurrent with Turkey (starting its own); they had the resources, like the cash, so they...

Riyadh, Saudi Arabia--Saudi Arabia and France have signed a memorandum of understanding (MoU) to cooperate in the field of energy, with a focus on renewable resources. In this connection, Saudi Energy Minister Prince Abdulaziz bin Salman and his French counterpart, Agnes Pannier-Runacher, signed the agreement. The two countries released a...

The shareholders approved to distribute an 8.3% dividend.

Businesses in the region need to embed diversity strategies by setting diversity KPIs to ensure fair assessments for women and reinforcing supportive workplace culture whill also help acheive the goal, she advises.

Bank will use funds for core business, give cash to investors.

Oman Minister of Commerce along with a delegation met Saudi Arabia Minister of Industry where the two discussed industrial cooperation between the two countries.

The National Center for Government Resources Systems (NCGR) launched its comprehensive strategy (2022-2025).

The Dubai Academic Health Corporation has agreed on four bases as a part of its strategic plans and future goals. The bases include Care: to set the global standard for evidence-based patient care and outcomes; Learning: to deliver transformative education and a future-ready workforce. The other two bases cover Discovery:...

Saudi Arabia’s Minister of Investment Khalid bin Abdulaziz Al-Falih said that the mineral resources sector is among the most important resources that support countries’ economies. Participating in a session of the International Mining Conference, he said that the Kingdom of Saudi Arabia has increased its competitiveness in the sector through...

Tunisia's budget deficit has narrowed to nearly 3.8 billion ($1.3 billion), at the end of September 2021, against 4.9 billion dinars, in September 2020, down 23 percent, local media reports said, citing Finance Ministry's budget data. The decrease in the budget deficit is due to the increase in budgetary resources...

The IMF is expected to complete a $650 billion allocation of Special Drawing Rights, the fund’s unit of exchange based on dollars, euros, yen, sterling and yuan, on Monday, to its 190 member countries in proportion to their shareholdings in the fund.