Browsing: Business
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
The OPEC Fund for International Development (OFID) has extended a $40 million loan to Kosovo to support the Public Finances and Economic Growth Programme. In the energy and waste management sectors, the comprehensive plan will enhance fiscal transparency, promote private
Suhail bin Mohammed Al Mazrouei, the Minister of Energy and Infrastructure of the UAE, said the country, under the wise leadership of its wise rulers, is pursuing pioneering efforts to anticipate the future of the energy sector, in collaboration with
It has been confirmed by the Islamic Development Bank (IsDB) in Egypt that it is prepared to finance strategic projects in Iraq as well as develop human resources for the Central Bank of Iraq (CBI) and the Ministry of Finance
Dr. Muhammad Sulaiman Al Jasser, president of the Islamic Development Bank (IsDB), and Egypt’s Minister of Planning and Economic Development, Dr. Hala El-Said, chair of the IsDB Board of Governors, announced the launch of the annual meetings in Sharm El-Sheikh.
The Minister of Economy of the United Arab Emirates, Abdulla Bin Touq, and the Minister of Industry and Economy of the State of Israel, Major General (Retd.) Orna Barbivay, have signed the UAE-Israel Comprehensive Economic Partnership Agreement (UAE-Israel CEPA) in
Jordan’s flagship uranium mining project was cited as a model project for mining initiatives in the region by a senior official of the International Atomic Energy Agency (IAEA), who noted a prudent scientific approach was used to design the project.