Environment & Energy | Sunday 24 September, 2023 5:23 am

UAE's Peaceful Nuclear Energy Programme is accelerating clean molecule creation to achieve net zero: ENEC

Following the successful development of the Barakah Nuclear Energy Plant and the continued progress of the UAE Peaceful Nuclear Energy Programme, the Emirates Nuclear Energy Corporation (ENEC), is now utilising its expertise and knowledge to drive the creation of clean molecules to support global...

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Business & Money | Sunday 24 September, 2023 5:19 am

COP28 Presidency tells United Nations General Assembly: “Climate change is our common enemy and we must unite to fight it”

This week the COP28 Presidency team attended the UN General Assembly in New York, seizing on the opportunity of the global gathering to mobilise leaders across government, business and civil society around its ‘Action Agenda’ to keep 1.5 degrees in reach. Spearheaded by COP28...

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Business & Money | Sunday 24 September, 2023 5:14 am

UAE, Indonesia reviewing strengthening economic cooperation

Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, led the UAE delegation to the UAE-Indonesia Business Forum, which was held Thursday in the capital, Jakarta. During his visit to Indonesia, Al Mazrouei was received by President Joko Widodo, who expressed his country's...

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Government | Sunday 24 September, 2023 5:12 am

Saudi Arabia works on integrated strategy to boost exports to China: Alkhorayef

Saudi Arabia is developing an integrated strategy to boost exports to China by facilitating obstacles to exporters, in order to expand the reach of Saudi products to the Asian country and increase the volume of trade exchange, Bandar Alkhorayef, Minister of Industry and Mineral Resources,...

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Culture & Education | Sunday 24 September, 2023 5:01 am

SRMG Think and the Middle East Institute co-host second-annual flagship MENA Forum

SRMG Think Research and Advisory (SRMG Think), an independent research and strategic advisory firm focused on the Middle East and North Africa (MENA), is pleased to announce the second edition of its flagship annual MENA Forum, providing a global platform to showcase the region’s growing role in...

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Government | Sunday 24 September, 2023 4:59 am

Minister of Finance approves amending Zakat rules for financing activities

Minister of Finance, Mohammed Al-Jadaan, approved amending some rules for calculating Zakat on financing activities.   The financing activities definition was amended to read: “Financing activities mean banks and financing companies licensed by the Saudi Central Bank (SAMA), as...

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Government | Sunday 24 September, 2023 4:38 am

Saudi Arabia’s position among nations embodied in past, present: King Salman

King Salman bin Abdulaziz remarked that “on the occasion of National Day, the status of this nation among nations is embodied, past, present, and forever.”On his official X account, King Salman prayed to Allah for the preservation of the country’s security,...

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Business & Money | Saturday 23 September, 2023 1:44 am

Saudi Arabia has leading position in maritime transport: MAWANI

Saudi Arabia secured a leading position in the maritime transport industry regionally and globally through its geographical location that connects three continents, said Omar Hariri, President of the Saudi Ports Authority (MAWANI).   He told the Saudi Maritime Congress that this...

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Business & Money | Saturday 23 September, 2023 1:42 am

Fed seen to cut interest rates in 2024: BlackRock

The Federal Reserve is nearing the end of its current cycle of interest rate hikes aimed at tamping down inflation and may look to cut rates next year, Rick Rieder, BlackRock's Chief Investment Officer for Global Fixed Income, told Fox Business. "The thing that will be interesting next year is ...

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Business & Money | Saturday 23 September, 2023 1:40 am

Expanding female workforce participation could boost Saudi economy: S&P

The increasing participation of women in Saudi Arabia's workforce is expected to boost the country’s economic growth prospects, according to S&P Global Ratings.   Labor market reforms led female workforce participation for Saudi nationals to nearly double to almost 36% in 2022, ...

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