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Sunday, May 19, 2024

Economy

The Potential is Undeniable, But Nobody Eats Potential

African Development Bank Group President Dr Akinwumi Adesina makes an impassioned plea at the World Economic Forum “Food and Water for All” panel discussion in Riyadh this week.

UAE Economy Driven Largely by Non-Oil Growth

MEED Analyst John Bambridge says that the UAE has demonstrated remarkable economic resilience in recent years, with its non-oil sector bouncing back from Covid-19 and emerging as the real driving force behind the country’s growth. 

Indonesia and Egypt Full Steam Ahead on Urban Planning Relocation Strategy

NUS Lee Kuan Yew School of Public Policy Senior Lecturer Dr Woo Jun Jie discusses Singapore’s urban planning mitigation against congestion strategies in light of the new capital cities currently under construction in Indonesia and Egypt.

Tunisia Achieves Bumper Olive Oil Harvest Due to New Production Methods

Tunisian Agricultural Minister Abdelmonem Belati says that the olive oil industry must take advantage of high export prices to capitalise on a bumper harvest.

Ugandan President Launches the First Interest-Free Islamic Bank

Ugandan President Yoweri Museveni officially opens Salaam Bank, the country's first interest-free commercial Islamic bank in Kampala Uganda this week.

Tehran Targeting USD 20 Billion in Trade with Baghdad by 2027

Iran’s Deputy Foreign Minister for Economic Diplomacy Affairs Mehdi Safari says that the country is targeting an annual USD 20 billion trade with neighboring Iraq by 2027.

Strong Profits Forecast for Kuwaiti and Other Gulf Oil Refineries for FY2025

Kuwaiti oil refineries Al-Zour and Al-Ahmadi, along with Mina Abdullah and Duqm, which are jointly owned by Kuwait and the Sultanate of Oman, are poised for significant profits in the years 2024 and 2025.

KPMG says Venture Capital Markets in Central Asia Surpass Northern Regions

Kazakhstan has emerged as the leader in the region in terms of venture capital volumes and development rates.

Latest news

HAQQ Network Confirms the Launch of its RWA, the Gold Token by Q2 2024

A key part of HAQQ Network’s expansion project is the launch of its Gold token in June, marking a significant step in the network’s larger goal of tokenizing Real-World Assets. HAQQ Network Co-Founder and CEO Alex Malkov shares their exciting and bumpy ride from inception to date.
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Russia Launches Roskachestvo Halal Certification

Certification body Roskachestvo Halal recently launched a Muslim-friendly certification standard for hoteliers and tourism service operators to cater to a growing market segment of Muslim tourists across major Russian cities.

Dubai Police Parades its First Tent Pegging Team

The Dubai Mounted Police has established the UAE's first "Tent Pegging" police team, an officially recognised equestrian sport that showcases riders' high-level skills and abilities in horse handling.

Must read

Artificial Intelligence is Rudderless Without Critical-Oversight from Software Engineers

Kode Kaizen CEO Ubaid UR Rehman makes an eloquent case for why Artificial Intelligence and Software Engineers are the Best Bedfellows.

The Evolution and Beatific Execution of Ras Al Khaimah Art

Featuring works from 107 local and international artists and welcoming 45,000 visitors from around the world, Ras Al Khaimah Art 2024 exhibition at Al Jazeera Al Hamra Heritage Village wowed the crowds.
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Singapore Signs Bilateral Treaty on Appeals from the Bahrain ICC

The Government of Singapore and the Kingdom of Bahrain signed a bilateral Treaty to establish a new Bahrain International Commercial Court in Bahrain and a designated body in Singapore to hear its appeals.

Terminus Group Green Lights Green Cities in the GCC

Terminus Group, a global smart services and AIoT solutions provider, officially inaugurates its international headquarters in Dubai UAE this month.

Pakistan’s Rice Exports Surge Thanks to India’s Export Restrictions

Rice exports from Pakistan surged 85.8%, reaching USD 2.5 billion within eight months, largely due to India’s self-imposed restrictions on its own shipments.