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PM Modi arrives in Germany for G7 Summit, to stopover in the UAE on return
Prime Minister Narendra Modi, the leader of the Indian government, is currently in Germany at the G7 summit. The members of the Indian diaspora in Munich, Germany, warmly welcomed PM Modi. While he was being welcomed by members of the…
Dubai weeklong real estate transactions cross $2.18 billion
Dubai has recorded 2,624 real estate and properties transactions at a value of $2.18 billion (AED 8 billion) in total during the week ending 24th June 2022. The Dubai Land Department (DLD) report said that 274 plots were sold for AED 1.15…
The Jordan Economic Forum seeks to increase exports to Mexico
According to the Jordan Economic Forum, the Kingdom should take advantage of trade agreements signed with North American countries to enhance its presence in the Mexican market. During a panel discussion with Mexican ambassador Roberto…
Djibouti and Saudi Arabia sign maritime transport cooperation agreement
The Transport General Authority (TGA) of Saudi Arabia and the Department of Maritime Affairs of Djibouti have signed an agreement for cooperation in the field of maritime transport. The TGA Vice-President for the Regulatory Sector, Eng.…
DOE delegation to explore Canadian clean energy opportunities
The Abu Dhabi Department of Energy (DoE) visited Canada to meet with senior government officials and stakeholders in the Canadian energy sector. Awaidha Murshed Al Marar, the DoE Chairman, led the delegation that includes Ahmed Mohamed Al…
UAE ranks first regionally and 19 globally in attracting FDI
The UAE has been ranked first in the Arab world and 19th globally for its ability to attract foreign direct investment (FDI) inflows by the World Investment Report 2022 issued by the United Nations Conference on Trade and Development…
DP World and Saudi Ports Authority ink deal to develop Jeddah Logistics Park
As part of a 30-year agreement to build a state-of-the-art, port-centric Logistics Park at the Jeddah Islamic Port, DP World and the Saudi Ports Authority (Mawani) strengthened ties between the UAE and Saudi Arabia and demonstrated Dubai's…
India and EU begin extensive free trade negotiations again after nine years
India and the EU are resuming negotiations for the India-EU Free Trade Agreement after a nine-year lull. A joint event held at the EU HQ in Brussels by Indian Commerce Minister Piyush Goyal and Valdis Dombrovskis, the Executive…
CBJ calls on local banks to keep payments for loans unchanged
It was reported recently that the Central Bank of Jordan (CBJ) has issued a circular calling upon local banks to keep unchanged the terms of loans granted to individuals. With the CBJ's decision, individuals will no longer have to repay…
UAE participates in St. Petersburg International Economic Forum
UAE Minister of State for Artificial Intelligence, Digital Economy, and Teleworking Applications Omar bin Sultan Al Olama is participating in the 25th St. Petersburg International Economic Forum (SPIEF) from 15th-18th June, 2022. In his…