ABU DHABI, UAE - The significant growth in the volume of non-oil trade between the UAE and India signifies the positive progress of the Comprehensive Economic Partnership Agreement (CEPA), more than a year after it became operational. CEPA will help deliver the target of reaching US$100 billion in non-oil trade...
Lebanon’s ‘Village of Roses’ perfumes Middle East air
The oil derived from the famed Damask rose--named after the ancient city of Damascus located just across the mountain range separating Lebanon and Syria--is a staple of perfumers.
Investment in rose market in Saudi Arabia’s Taif reaches $17m
Dubai, UAE -- The ongoing Taif rose season in Saudi Arabia, which starts at the beginning of March and last for 45 days, fills the city with fragrance and the bright-colored flowers attract rose lovers and perfume makers from the kingdom and abroad. The visitors take part in the activities...
Global stocks rise on Fed optimism, zero-Covid China policy reports
Global stock markets rose as traders looked to the US Federal Reserve's interest rate decision hoping it will signal a more dovish approach to fighting inflation. The Fed is widely expected Wednesday to announce a fourth straight 75-basis-point rate hike leading to worries it will tip the world's top economy...
