African Development Bank Group President wraps up three-day visit to the UAE
African Development Bank Group President Dr Akinwumi A. Adesina wrapped up an official visit to the United Arab Emirates on Friday. The three-day visit...
Abu Dhabi crown prince says UAE keen on energy security, global markets balance
Abu Dhabi's Crown Prince spoke with Azerbaijan's president about the global energy market in light of the Ukraine crisis, and stressed that the UAE is keen on energy security globally and the stability and balance of energy markets, state news agency WAM reported on Tuesday.
WB – MENA Region: Economy digitalisation could increase GDP per capita by at least 46% over 30 years
The full digitisation of the economy in the Middle East and North Africa region could increase GDP per capita by at least 46 % over 30 years, which in the long run would represent an estimated gain of at least 1.6 trillion dollars for the region, the World Bank said in a report released on Wednesday.
Saudi prince, rebuked by West, faces dilemma over Russia and China
The United States and Britain are ramping up pressure on Saudi Arabia to pump more oil and join efforts to isolate Russia, while Riyadh has shown little readiness to respond and has revived a threat to ditch dollars in its oil sales to China.
Russians liquidating crypto in the UAE as they seek safe havens
Crypto firms in the United Arab Emirates (UAE) are being deluged with requests to liquidate billions of dollars of virtual currency as Russians seek a safe haven for their fortunes, company executives and financial sources said.