Browsing: Business
The US stock market plummeted on Friday, with the Nasdaq marking its worst month since October 2008 and the S&P notching its worst month since March 2020 at the onset of the Covid pandemic. The tech-heavy Nasdaq fell 4.2%, dragged
The International Monetary Fund (IMF) and the World Bank, which are meeting in Washington and are grappling with the impact of the Russian conflict with Ukraine, are focusing on the growing crisis of food insecurity and the skyrocketing prices of
Nawah Energy Company (Nawah) commenced regular nuclear refueling phase and maintenance of Unit 1 of the Barakah Nuclear Power plant, according to the Federal Authority for Nuclear Regulation (FANR). As part of this phase, new nuclear fuel assemblies will be
The OPEC Fund for International Development (OFID) signed a $15 million loan agreement with the government of Malawi to increase water supply and expand sanitation systems in Dowa Town and nearby areas to improve living conditions for an estimated 100,000
Qatar National Bank, one of the largest financial institutions in the Middle East and Africa, opened its latest branch at Place Vendome, Qatar’s premier luxury shopping mall. Featuring a unique interior design, the branch will offer all types of banking
The Director General of the Saudi Arabian Ministry of Foreign Affairs branch of the Makkah region, Mazen bin Hamad Al-Hamali, received Omar Issa, the Consul General of the Republic of Niger in the Kingdom of Saudi Arabia. Cordial talks were
During a meeting in Baku, Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, met with President Ilham Aliyev of the Republic of Azerbaijan. Dr. Al Jaber began the meeting by extending greetings from the UAE leadership to
UAE’s Barakah Nuclear Energy Plant has been recognized as a global success story for tackling climate change through the UAE’s Peaceful Nuclear Energy Programme. The Emirates Nuclear Energy Corporation (ENEC) has now passed the halfway mark for full commercial operation
Jordanian Finance Minister Mohammad Al-Ississ discussed ways to enhance bilateral cooperation in the areas of finance, tax and customs with Saudi Finance Minister Mohammad Al-Jadaan. In the course of the meeting which was held at the sidelines of the Joint
During the financial year 2021, the UAE recorded the highest Gross Domestic Product (GDP) in the region of AED 1.489 trillion, breaking international economic expectations. UAE’s GDP growth rate for the year 2021 exceeded the estimates of analysts and specialized