Browsing: Economy

Raiffeisen, UniCredit and others with a presence in Russia have seen profits increase threefold since 2021

The loan, payable over three years, will enable Tunisian state-owned companies to help cover the cost of imports such as “crude oil and petroleum products”, according to the statement

RIYADH: The use of solar power and other renewable energy sources is set to boost with the launch of a comprehensive strategy by the Qatar General Electricity and Water Corp.

A “weak-by-historic-standards” global growth rate and “significant divergence across the world” are two “very serious problems” that need to be tackled imminently, IMF Managing Director Kristalina Georgieva highlighted at a Riyadh summit on Sunday.

Dubai is proceeding with building a new passenger terminal at Al Maktoum International Airport in anticipation of a spike in visitors, after halting the project for years.

US Secretary of State Antony Blinken, Palestinian leaders and high-ranking officials from other countries trying to broker a ceasefire between Israel and Hamas are on the guest list for the summit in Riyadh

The Central Bank of Egypt (CBE) has disclosed a significant increase in the total financial position of banks operating in the local market. In 2023, this position reached approximately EGP 14.2trn, compared to EGP 11.399trn in December 2022—an impressive surge of about EGP 2.8trn.

According to the report, Dubai’s rise in the Leading Maritime Capitals index for 2024 is attributed to five key factors

Emaar Properties will start implementing a customised energy management strategy and programme from this year, Dubai’s largest real estate developer said in its integrated annual general report 2023.

MOSCOW, April 26. /TASS/. In 2024, natural gas production in Russia is expected to add 4.6% and climb to 666.7 bln cubic meters in the base case scenario, the Russian Ministry of Economic Development said in its socioeconomic development forecast for the country.