Browsing: Business

The UAE has been ranked first in the Arab world and 19th globally for its ability to attract foreign direct investment (FDI) inflows by the World Investment Report 2022 issued by the United Nations Conference on Trade and Development (UNCTAD).

As part of a 30-year agreement to build a state-of-the-art, port-centric Logistics Park at the Jeddah Islamic Port, DP World and the Saudi Ports Authority (Mawani) strengthened ties between the UAE and Saudi Arabia and demonstrated Dubai’s commitment to sharing

India and the EU are resuming negotiations for the India-EU Free Trade Agreement after a nine-year lull. A joint event held at the EU HQ in Brussels by Indian Commerce Minister Piyush Goyal and Valdis Dombrovskis, the Executive Vice-President of

It was reported recently that the Central Bank of Jordan (CBJ) has issued a circular calling upon local banks to keep unchanged the terms of loans granted to individuals. With the CBJ’s decision, individuals will no longer have to repay

A Finance Dialogue was held between India and Japan in New Delhi to exchange views on the macroeconomic situation, the financial system, financial digitalization, and investment environment. In this first India-Japan Finance Dialogue, Masato Kanda, Vice Minister of Finance for

UAE Minister of State for Artificial Intelligence, Digital Economy, and Teleworking Applications Omar bin Sultan Al Olama is participating in the 25th St. Petersburg International Economic Forum (SPIEF) from 15th-18th June, 2022. In his address, Al Olama highlighted the depth

The price of gold inched lower on Thursday as the dollar recovered in the wake of the US Federal Reserve’s approval, in line with many analysts’ expectations, of a 75-basis-point interest rate increase – its largest in over two decades

A cabinet resolution has been issued by the UAE Ministry of Economy imposing a four-month moratorium on the export and re-export of wheat and wheat flour originating in India, including free zones, beginning 13th May 2022. The resolution applies to

The Emirates Water and Electricity Company (EWEC), has announced that 50 percent of the capacity of its reverse osmosis plant in Taweelah has been reached for producing desalinated water using low-carbon-intensive RO technology. Taweelah RO, connected to the Abu Dhabi

The World Trade Organization (WTO) Director-General Ngozi Okonjo-Iweala said that members of the WTO need to step up efforts to ensure that trade and trade rules better serve women in the face of multiple crises at a joint event with