Gaza war could push millions in the region into poverty, warns UN

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DUBAI: More than 230,000 people in countries neighboring Palestine and Israel could be pushed into poverty as the effects of the war ripples across the region, according to a UN-led assessment. Countries in the Arab region, particularly those that form the “ring of fire” around Israel and Palestine, face a grave economic downturn thanks to … Read more

Lavrov tours North Africa as anger toward West swells across region

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DUBAI: The UAE on Friday concluded talks with Mauritius on a Comprehensive Economic Partnership Agreement, the first of its kind between the Emirates and an African country. The partnership paves the way for increased trade, investment and private-sector cooperation between the countries, the Emirates News Agency reported. The negotiations in Mauritius concluded, just four months … Read more

Deal worth $17m signed for water projects in Jazan region

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RIYADH: As part of Saudi Arabia’s efforts to ensure water security across the country, the sovereign wealth fund has signed a deal worth SR64.19 million ($17.02 million) for projects in the cities and villages of the Jazan region. The Public Investment Fund signed the deal with Alkhorayef Water and Power Technologies Co., which will operate … Read more

Deal worth $17m signed for water projects in Jazan region

4143756 503993467

RIYADH: As part of Saudi Arabia’s efforts to ensure water security across the country, the sovereign wealth fund has signed a deal worth SR64.19 million ($17.02 million) for projects in the cities and villages of the Jazan region. The Public Investment Fund signed the deal with Alkhorayef Water and Power Technologies Co., which will operate … Read more

Arab entrepreneurs poised for growth as region presents huge opportunities: YEU president

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RIYADH: The UAE has agreed to initiate negotiations with Australia to establish a comprehensive economic partnership agreement, according to its foreign trade minister.  Thani bin Ahmed Al-Zeyoudi announced in a statement on X, formerly known as Twitter, that the country is poised to enhance its global trade network by strengthening its ties with Australia.  This … Read more