North Korea, Turkmenistan, Equatorial Guinea, Syria and Venezuela present the highest commercial bribery risk, said the TRACE Bribery Risk Matrix 2022.

The World Health Organization appealed for US$2.54 billion for its work in 2023 to help millions of people facing health emergencies around the world. WHO said that it was currently responding to an unprecedented number of intersecting health emergencies. It pointed to the health impacts of conflicts in Ukraine, Yemen,...

The WEF president concluded the first major international gathering of the year on a positive note saying progress has been made to tackle world's grave issues. This despite many economists forecasting recessionary risks in 2023 and geopolitical tensions continuing to shape the global economy.

Food prices soared to a monthly record high in March after Russia invaded agricultural powerhouse Ukraine, a major supplier of wheat and cooking oil to the world. A Russian naval blockade that prevented Ukrainian grain exports was lifted following a deal in July that was brokered by Turkey and the...

DUBAI, UAE  - Nearly 2,000 global business executives and investors attended the World Corporate Summit in Dubai to share in the vision of improving the world through business. Held in Dubai from November 21 till December 15 2022 at the Palace Downtown Hotel, this summit which was supported by Dubai’s...

The World Health Organization called for more funds to help overcome towering challenges in the battle against malaria, which continues to kill hundreds of thousands of mainly African children each year. It warned that the world was currently "off track" to reach its goal of reducing malaria cases and deaths...

The UAE's Minister of Foreign Affairs and International Cooperation Sheikh Abdullah bin Zayed Al Nahyan has said that the Gulf country is determined to forge a world where prosperity is commonplace.

Global stocks rose as Federal Reserve boss Jerome Powell flagged a moderation in interest rate hikes, while China signaled a softer approach to fighting Covid. Asian and European equities tacked higher as investors eyed news that eurozone unemployment fell to a record 6.5 percent in October. Oil prices climbed before...

The world must increase financing for nature-based solutions to meet key climate, biodiversity and land degradation goals, a United Nations report said. The "State of Finance for Nature" report published by the UN Environment Program comes as delegates from nearly 200 countries prepare to meet in Montreal to hammer out...

GENEVA, SWITZERLAND - All regions of the world saw water extremes last year - both floods and droughts - and billions of people had insufficient freshwater, the United Nations said on Tuesday. Large areas of the planet recorded drier than normal conditions in 2021, the UN's World Meteorological Organization said...

Hawaii's Mauna Loa, the largest active volcano in the world, has erupted for the first time in nearly 40 years, US authorities said, spewing lava and ash as emergency crews went on alert. Flows of lava remained mostly contained within the summit's massive caldera, but the eruption could pose a...

Cairo, Egypt— The lawyer for Egypt's jailed hunger-striker Alaa Abdel Fattah said Sunday he had been denied access to his client for a second time in days, as fears for the activist's health mount. Seven months into a hunger strike, Abdel Fattah began refusing water on November 6 as world leaders...

The adaptation and agriculture thematic day at COP27 focused on how the world will feed eight billion people.

A robust cultural and creative sector remains at the heart of the UAE’s growth strategy and to give it a further boost, the UAE has been rallying for the amplification of culture and arts education, she adds, while speaking at the fifth edition of the Paris Peace Forum in Abu...

No financial terms were disclosed of the proposed deal.

Tokyo, Japan— Toyota kept its annual net profit forecast unchanged on Tuesday, as the weaker yen offsets supply-chain disruptions that have forced the Japanese car giant to slash production targets. The world's top-selling automaker said it now expects to sell half a million fewer vehicles in the current financial year because...

Most of the respondents in the poll feel that GCC will weather the gathering economic storm and come out unscathed, a view corroborated by the IMF and the World Bank.

With US inflation soaring new heights, the country's central bank has said more increases are likely to come this year in order to cool the world's largest economy and rein in high prices. Federal Reserve Governor Lisa Cook said 'inflation remains stubbornly and unacceptably high.'

Looking to showcase Islamic culture and art and history, Qatar has unveiled its landmark Museum of Islamic Art after an 18-month renovation ahead of the World Cup. The five-story building has redesigned its collections, with some two-thirds of the thousand exhibits new to the museum.

The Energy Minister said the UAE encourages joint investments with China in every sector, most notably in digital economy, green economy and circular economy.

DEWA CEO said that the exhibition will introduce the world to the UAE’s achievements in the renewable and clean energy sector.

Dubai is already home to more than 1,000 companies in the metaverse and blockchain sector.

The first shipment of Ukrainian grain left the port of Odessa on Monday morning, Turkey announced, as Kyiv said the "brutal" shelling by Moscow of the southern city Mykolaiv had killed an agriculture tycoon.

The Islamic World Educational, Scientific and Cultural Organization (ISESCO) has listed 22 Libyan archaeological sites on the list of heritage in the Islamic world. The Ministry of Foreign Affairs of the Government of National Unity in Libya stated that the Libyan ambassador to Morocco, Abu Bakr Ibrahim Al-Taweel, received the...

US President Joe Biden and his counterparts from the world's most industrialized nations are gathering at Elmau Castle in the Bavarian Alps before they continue on to Madrid for talks with NATO partners.

Jordan ranked first in the Arab world and 32nd globally on the budget transparency, according to the Open Budget Survey (OBS) 2021, which was published by the International Budget Partnership. Jordan scored 61 out of 100, exceeding the global average of 45 out of 100, according to the International Budget...

The World Economic Forum has pleaded for a new partnership between various stakeholders in order to make a difference to people living in fragile zones of the world. In a paper released by the WEF, it calls for a new collaboration between humanitarian and development organizations, businesses, investors and entrepreneurs...

The UAE has found its way into an exclusive club of top five tea-exporting countries in the world, with total exports of about AED1.2 billion in 2020.

The UAE's new president Sheikh Mohamed bin Zayed Al Nahyan held talks Sunday with French counterpart Emmanuel Macron as world leaders streamed in to Abu Dhabi to pay tribute to his predecessor. Macron expressed his condolences to Sheikh Mohamed following the death of his half-brother Sheikh Khalifa.

Qatar's top World Cup organizer has hit back at Louis van Gaal for criticizing the decision to hold the event in the Gulf state, saying the Netherlands coach has failed to understand the Arab world's passion for football. Many journalists and officials will be in the state on April 1...

Emirates Global Aluminium, or EGA, has posted a 1,140 percent jump in net profit to $1.5 billion for 2021.

Season 8 of the ABB FIA Formula E World Championship is set to launch in Saudi Arabia, and some of the best drivers in motorsport have gathered at one of the world's most picturesque sporting locations.

The countries need to work harder to ensure equitable access to vaccines and treatment, track the virus and its emerging variants, and keep restrictions in place, Tedros Adhanom Ghebreyesus told the UN health agency's executive board.

Carbon transition policy must be tailored to each country’s needs and dynamics, Majid Jafar, the CEO of Crescent Petroleum, said.

Dubai Airport Show 2022, to be held in May, will showcase a diverse range of innovative products and will provide a glimpse of investments planned by the world's airports until 2040.

The newspaper highlighted the Dana Reserve as a site worth visiting, which combines a deeply rooted history, unique environmental components and breathtaking natural beauty.

The UAE government has launched the Coders HQ, a new transformational project that re-defines local coding communities, in partnership with more than 40 companies in the UAE and worldwide.

The Dubai Airport Freezone (DAFZ) has launched the ‘Talent Pass’ license for freelance work (self-employment).

A total of 16 Muslim-majority countries, led by Saudi Arabia, presented the nomination to UNESCO, which announced the listing on Twitter.

UAE is the first country in the world to offer a national work week that is shorter than the five-day global week, as well as the first Gulf country to do so.

The share of global wealth of the world's richest people soared at a record pace during the Covid pandemic, a report on inequality showed Tuesday.

UNWTO selected Rijal Almaa among 175 participating entities representing 75 countries.

Tel Aviv climbed the rankings partly due to the strength of the national currency, the shekel, against the dollar, as well increases in prices for transport and groceries. Paris and Singapore came in tied for second, followed by Zurich and Hong Kong. New York City was in sixth place, with...

Fears mounted Saturday that a highly-infectious new coronavirus strain was pushing its way into Europe as the world brought the shutters down to contain the new Omicron variant.

“This will be the first non-profit city of its kind which will contribute to achieving the goals of Mohammed bin Salman Misk Foundation in supporting innovation, entrepreneurship and qualifying future leaders by defining non-profit work in its internal operational concept and in terms of opportunities and youth training programs it...

The Qatar Islamic Bank (QIB) has been ranked as the "Fourth Strongest Bank in the Middle East" and "Second Strongest Islamic Bank in the World". The bank was also named as the 'Strongest Bank' and the 'Strongest Islamic Bank' in Qatar. In its 2021 Rankings for the 500 Strongest Banks,...

More than 30 top energy executives from around the world will come together at the 7th Abu Dhabi CEO Roundtable, hosted by the Abu Dhabi National Oil Company (ADNOC).

The Sharjah International Book Fair (SIBF) has emerged as the world’s largest book fair this year, attracting the participation of 546 publishers and literary agents from 83 countries looking to network and do business with each other. Overall, the fair brought together 1,632 publishers from 83 countries to exhibit 1.3...

Investing in low-carbon solutions in the energy sector will drive economic prosperity, says UAE Special Envoy for Climate Change Sultan bin Ahmed Al Jaber.

The economy of China is weighed down by electricity shortages and a vast real-estate crisis.