Government | Saturday 9 September, 2023 12:35 am

UAE at G20: Exceptional achievements and successful experiences enhancing its global leadership

The UAE is participating in the 18th summit of the Group of Twenty (G20) leaders, which is being held in New Delhi on 9-10 September, with the aim of boosting international cooperation and achieving sustainable economic prosperity.The UAE's participation in this year's summit as a guest country...

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Government | Saturday 9 September, 2023 12:20 am

Saudi Arabia aims to enhance competitiveness of GCC economy: Minister

Saudi Arabia's Minister of Economy and Planning, Faisal Al-Ibrahim, affirmed that the Kingdom seeks to enhance the competitiveness of GCC economy.   "We are determined to achieve more coordination, integration and interdependence between our countries," the minister...

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Government | Saturday 9 September, 2023 12:03 am

GAC highlights key challenges, risks

The General Authority for Competition (GAC) stated that it is facing some challenges and risks, including the overlap of some government agencies' tasks with its jurisdictions. Accordingly, this may lead to some obstacles that prevent the authority from carrying out its oversight and...

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Government | Thursday 7 September, 2023 10:33 am

Sharjah Economic Development Department discusses Cooperation with Ministry of Industry and Advanced Technology

Sharjah Economic Development Department (SEDD) received a delegation from the Ministry of Industry and Advanced Technology (MoIAT) to enhance mutual work, cooperation, and communication between the two parties.The meeting was attended by Sultan Abdullah bin Hadda Al Suwaidi, SEDD Chairman, and a...

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Government | Thursday 7 September, 2023 9:53 am

Crown Prince, Putin reaffirm efforts to stabilize global energy markets

Crown Prince Mohammed bin Salman and Russian President Vladimir Putin reviewed the bilateral relations between the two countries and opportunities to develop them in various fields, during a phone call on Sept. 6. They also discussed key areas of common interest including the BRICS summit, the ...

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Government | Thursday 7 September, 2023 8:55 am

Saudi Arabia has strong financial position: IMF

Saudi Arabia’s growth outlook remains positive and its financial position is strong, the International Monetary Fund has said in its latest assessment report today, Sept. 6 upon concluding the 2023 Article IV consultation [1] with Saudi Arabia. The fund praised the progress implemented by the...

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Government | Thursday 7 September, 2023 7:56 am

IMF report affirms Saudi solid financial stance, fiscal transparency: Al-Jadaan

Saudi Minister of Finance Mohammed Al-Jadaan welcomed the International Monetary Fund’s (IMF) praise of the reforms taking place in the Saudi economy and the Kingdom’s continuing efforts to implement economic and financial reforms. He particularly noted the fund's reference to the...

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Government | Tuesday 5 September, 2023 9:28 am

UAE to deepen ties with ASEAN region

Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, has led a UAE delegation to Jakarta, Indonesia, to attend the ASEAN Business and Investment Summit, the annual economic policy forum that brings together heads of state, policymakers and business leaders to discuss key issues...

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Government | Monday 4 September, 2023 5:02 pm

Global water organization set up in Riyadh: Crown Prince

Crown Prince Mohammed bin Salman announced that Saudi Arabia established a global water organization headquartered in Riyadh. The organization aims to enhance and integrate the efforts of nations and entities in addressing water challenges sustainably. This will be attained through sharing...

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Government | Sunday 3 September, 2023 9:35 am

PIF signs SPA to sell 10.92% stake in GASCO to Jadwa Investment for SAR 491.2 mln

The Public Investment Fund (PIF) signed a binding share sale and purchase agreement (SPA) with Jadwa Investment Co. today, Sept. 3, GIB Capital, in its capacity as financial advisor to the PIF, said in a statement to Tadawul.    Jadwa Investment is acting in its...

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