After Egypt Central Bank hiked interest rates, IMF released additional loan to the country. Pound was trading at a record low and prices rose.
Author: ©Agence France-Presse
The three countries were mandated by 198 signatories to the Dubai agreement to work together on a roadmap to limit global warming to 1.5 degrees Celsius.
Saudi Arabia drew 27 million foreign tourists last year and has established even more ambitious goal for the tourism industry.
The World Expo is set to take place from October 2030 to March 2031. Riyadh was chosen on Tuesday (28) over Busan and Rome.
FIFA announced its footballing showpiece will be hosted by Morocco, Portugal and Spain, but games will also be played in Uruguay, Argentina and Paraguay.
The organization recommended Wednesday (4) that the cartel members keep its current output reduction strategy to prop up prices.
The Arab country began construction to expand the world’s biggest natural gas field 80 kilometers north of Doha. The chairman of France’s TotalEnergies said the project will give relief to the market.
In a discussion on the topic, Sultan Al Jaber called on energy companies to reduce emissions and increase the use of renewable sources, telling they play an essential role in the climate solution.
Years of conflict, economic problems aggravated by Western sanctions, and global warming are affecting the working conditions of beekeepers in Syria.
The Arab country seeks to become the top supplier of green hydrogen in North Africa. Plans include exporting to European nations and using it in fertilizer production.
The Saudi Ministry of Energy reported the country would extend a voluntary oil production cut of 1 million barrels per day until the end of 2023. The measure taken by the world’s largest exporter of crude oil leads to higher prices.
By promoting the Gamer8 festival, Saudi Arabia shows its quest to become a gaming development hub and the ground this sector is gaining among its population.
A new passenger terminal at Abu Dhabi Airport will enter into operation in about two months with a capacity for 45 million passengers a year. The United Arab Emirates expects increased landings with COP28.
The Foreign minister of South Africa, Naledi Pandor, said countries in the bloc agreed to accept new members. The group approved a document with guidelines, but names of countries were not disclosed.
