Business & Philanthropy Forum To Highlight Inclusive Approach For Equitable Climate Solutions
DUBAI: As global leaders converge on Dubai to attend the UN COP28 to discuss ways to mitigate the effects of climate cha... Read more
Saudi Arabia Studies Graphite, Rare Earths Trading Platform — Minister
LONDON: Saudi Arabia is exploring the potential launch of a new commodity trading platform for battery materials, includ... Read more
Dubai Taxi Co. Sees Tremendous Demand Worth $41bn For Oversubscribed Offering
RIYADH: Dubai Taxi Co. hit a record high for its 1.2 billion dirhams ($315 million) initial public offering, with orders... Read more
Chinas Factories Fall Deeper Into Contraction, More Policy Support Expected
BEIJING: China’s manufacturing activity shrank for a second straight month in November and at a quicker pace, suggesti... Read more
Expo 2025 Host Osaka Congratulates Riyadhs Expo 2030 Win
TOKYO: Osaka Gov. Yoshimura Hirofumi congratulated Saudi Arabia after Riyadh was named the venue for Expo 2030. “As ... Read more
Turkiyes Central Bank Raises Interest Rate To 40% To Tame Rising Inflation
RIYADH: For the 6th consecutive time, Turkiye’s central bank has raised the one-week repo rate to 40 percent, signalin... Read more
Koreas CJ Logistics Partners With Nesma To Widen Footprint In The Middle East
RIYADH: Saudi Arabia’s logistics sector is set to undergo positive transformations thanks to a new agreement between ... Read more
UN Chief, El-Sisi Call For multilateral Development Banks Reform
RIYADH: Multilateral development banks need urgent reform to help meet the financial needs of developing countries, the... Read more
Closing Bell: Tadawul Slips Slightly To Close At 11,078
RIYADH: Saudi Arabia’s Tadawul All Share Index shed 21.90 points or 0.20 percent on Thursday to close at 11,078.08. ... Read more
UAEs Masdar And Emirates Steel Arkan Partner To Decarbonize Hard-to-abate Steel Sector
RIYADH: The UAE’s hard-to-abate steel sector is on course to witness accelerated decarbonization efforts thanks to a n... Read more
Dubai Financial Market To Launch Carbon Credits Trading Platform At COP28
RIYADH: New businesses and environmentally conscious companies stand to benefit from a new carbon credits mechanism set ... Read more
IEA Forecasts 75% Drop In Global Oil And Gas Demand Needed By 2050 To Meet 1.5°C Target
RIYADH: Global demand for oil and gas needs to decline by over 75 percent by 2050 to limit global warming to 1.5 degree... Read more
Dubai Attracts 92 New Businesses In First 9 Months Of 2023
RIYADH: Dubai witnessed 92 businesses relocate to the emirate in the first nine months of 2023 in a boost to its glob... Read more
UAE Top Banks Witness Strong Profitability Q3: Alvarez & Marsal
RIYADH: The UAE’s top banks witnessed strong profitability in the third quarter of this year, primarily propelled by a... Read more
Dubais Inflation Moderates To 4.27% In October: Official Data
RIYADH: Dubai’s inflation rate slightly eased to 4.27 percent in October, compared to 4.5 percent in the previous year... Read more