Category Archives: Business & Finance

Kuwait oil price down to US$64.32 pb

KUWAIT, The price of Kuwaiti oil went down 54 cents to US$64.32 per barrel compared to 64.86 pb Monday, said Kuwait Petroleum Corporation on Wednesday.

On a global level, the Brent Blend crude went up five cents to $64.16 pb, …

Abu Dhabi’s trade with Saudi Arabia rises to AED18.3 billion in four months

ABU DHABI, The value of trade in goods between the Emirate of Abu Dhabi and Saudi Arabia has increased to AED18.3 billion during the first four months of 2019, a growth of 20.6 percent compared with the same period of …

UAE provides US$5.59 billion in foreign assistance to Yemen

ABU DHABI, The UAE provided US$5.59 billion in foreign assistance to Yemen between April 2015 and June 2019, which was used to help rebuild various sectors in the country, including vital infrastructure and to restore health and social services.

In …

UNESCO Adds Iran’s Hyrcanian Forests, Iraq’s Babylon To World Heritage List

UNESCO has voted to add Iran’s Hyrcanian forests and Iraq’s Mesopotamian metropolis of Babylon to its list of World Heritage Sites.

The announcement was made by the UN Educational, Scientific, and Cultural Organization on July 5 in Baku, where the …

Press release

The media reported inappropriate remarks by the Iraqi ambassador in Washington. It is important for the Ministry of Foreign Affairs to make clear that countries and the media attach particular importance to the Palestinian cause, which is often a key …

Ministry of Economy, Borouge explore collaboration

ABU DHABI, A delegation from the Ministry of Economy, led by Abdullah bin Ahmed Al Saleh, Under-Secretary for Foreign Trade Affairs at the Ministry of Economy, visited the Innovation Centre of Borouge in Abu Dhabi.

The delegation was introduced to …