The dollar hit a three-week high against the euro on Wednesday after the ADP national employment report showed US private payrolls increased more than expected in September, ahead of Fridays highly anticipated jobs data.
The dollar index rose to 101….
DUBAI: Dubai maintained its position as the world’s top city for attracting Greenfield Foreign Direct Investment (FDI) projects in the first half of the year, according to the Financial Times Ltd’s ‘fDi Markets’ data.
Underscoring its competitiveness…
Kuwaiti Minister of Finance, Economic Affairs and Investment, and the Acting Minister of Oil, Eng. Nora Al-Fassam, participated on Thursday, in a meeting between the Financial and Economic Cooperation Committee of the GCC countries, the Committee of t…
DUBAI: The 26th Water, Energy, Technology and Environment Exhibition (WETEX), organised by Dubai Electricity and Water Authority (DEWA), from 1st to 3rd October at the Dubai World Trade Centre (DWTC), concluded with unprecedented success.
This year’s…
It is imperative to enhance the Gulf economic cooperation in the future, Kuwait’s Minister of Finance, Minister of State for Economic Affairs and Investment, and Acting Minister of Oil Nora Al-Fassam said on Thursday.
Al-Fassam welcomed Kuwait’s host…
DUBAI: Day Three of the 26th Water, Energy, Technology and Environment Exhibition (WETEX) hosted 44 specialised seminars and discussion panels delivered by a group of leading global experts and specialists.
Dubai Electricity and Water Authority (DEWA…
The financial and economic cooperation committee of the Gulf Cooperation Council states held its 122nd meeting on Thursday in the Qatari capital, Doha, with Kuwait’s participation.
GCC states have proven that they are able to face challenges and achi…
The financial and economic cooperation committee of the Gulf Cooperation Council states held its 122nd meeting on Thursday in the Qatari capital, Doha, with Kuwait’s participation.
GCC states have proven that they are able to face challenges and achi…
DUBAI: The 10th edition of the World Green Economy Summit (WGES) continued its pivotal discussions on Thursday, 3rd October 2024, as the second day’s sessions delved into key topics surrounding sustainability and the green economy.
The summit emphasi…
The World Bank announced on Thursday, that it has approved a USD 250 million project to enhance renewable energy in Lebanon by restoring electricity grid services and supporting the continuation of reforms.
In a press release, the bank stated that “t…
DUBAI: The International Finance Corporation (IFC), part of the World Bank Group, achieved a record-breaking US$56 billion in financing during the 2024 fiscal year, ending on 30th June 2024.
Jean Morcos, Senior Investment Officer and Regional Sustain…
The European Commission announced Thursday a further 30 million euros (USD 33 million) in urgent humanitarian aid to help those most in need in Lebanon.
This new emergency aid package will provide “urgent food assistance, shelter and health care” amo…
