Tag: Economy
Abu Dhabi will refund rents worth $54.4 million to business under...
In line with the emirates plans to support business units that are worst-hit by the pandemic, close to 8,000 business units in Tourism and...
Non-oil trade between UAE and India jumps to $41.4 billion in...
Data provided by the UAE Ministry of Foreign Affairs and International Cooperation indicates that in 2019, the non-oil bilateral trade between the UAE and...
Saudi Arabia will emerge as the top global player in the...
Saudi Arabia’s oil market share will reach its highest since the 1980s in this decade, says a report from J.P.Morgan. The exponential decrease in...
Saudi Arabia supports Yemen with SDRPY aided water and energy projects
Saudi Arabian government supporting aid program to Yemen, The Saudi Development and Reconstruction Program for Yemen (SDRPY) has unveiled a package of development projects...
$10 trillion already spent to combat COVID-19, More needed; IMF
IMF Managing Director Kristalina Georgieva stated that governments around the world have already expended $10 trillion in economic measures to compact the impact of...
2020 will witness the largest drop in global gas demand, says...
The International Energy Agency, IEA, said that the spread of the pandemic and a mild winter in the northern hemisphere is contributing to the...
Ras Al Khaimah maintains its Fitch ‘A’ rating
Fitch Ratings, the American credit rating agency has affirmed an ‘A’ rating affirmed Ras Al Khaimah's (RAK) Long-Term Foreign-Currency Issuer Default Rating (IDR) at...
UAE is 11th on the world’s safest nations list; Deep Knowledge...
The UAE has come out with flying colors with an impressive 11th position among 100 countries around the world in a study carried out...
