In its latest Economic Outlook report released on Wednesday, the Organisation for Economic Co-operation and Development (OECD) announced a modest upward revision in its growth forecast for the world economy.
In a recent development, the price of Kuwaiti oil has witnessed a decline, dropping by US$2.15 to reach US$76.03 per barrel on Tuesday. This news comes from the Kuwait Petroleum Corporation (KPC), which released the information on Wednesday. The decrease in oil prices highlights the volatility and ever-changing nature of the global oil market. According […]
In a move to uphold the integrity and transparency of the insurance industry and the UAE’s financial system, the Central Bank of the UAE (CBUAE) has announced the cancellation of registrations for Seagull Insurance Services Co. and Al Shorafa Insurance Services from the insurance broker register
According to the Securities and Commodities Authority (SCA) in the UAE, companies that issue green bonds in 2023 will be granted an exemption from registration fees.
Jamjoom Pharmaceuticals Factory Company’s initial public offering (IPO) in Saudi Arabia has attracted significant interest from retail investors
Developmental work is progressing rapidly at NEOM, the futuristic city in Saudi Arabia, as the giga-project has recently concluded contracts valued at SR21 billion ($5.6 billion) to construct the initial phase of residential communities for its workforce.
Saudi Arabia’s logistics sector received a significant boost as Mawani, the country’s port authority, signed a strategic agreement with Saudi Post.
Air Arabia Abu Dhabi, the prominent low-cost airline in the UAE, has announced its ambitious plan to double its fleet capacity over the next 12 months, as reported by state-run news agency WAM.
Saudi Energy Minister Prince Abdulaziz bin Salman defended the decisions taken by the oil producers’ alliance, OPEC+, while emphasizing the importance of trust in the organization.
Food and Agriculture Organization Food Price Index