Picture used for illustrative purpose only.
When the mercury soared to 52 degrees Celsius (125 Fahrenheit) this week in Iraq, Ali Karrar placed his baby for a couple of minutes in the fridge. But when the power went off on Thursday night across oil-rich Iraq, people were left at a loss
Iraq on Saturday presented an ambitious plan to turn itself into a regional transportation hub by developing its road and rail infrastructure, linking Europe with the Middle East.
The Organisation for Economic Co-operation and Development (OECD) trimmed its outlook for the global economy on Thursday, saying the world was headed for its weakest economic growth since the 2007-2008 financial crisis.
Raja Al Mazrouei, CEO of Etihad Credit Insurance (ECI), the UAE’s Federal export credit company, praised the success of the 13th Ministerial Conference of the World Trade Organisation (WTO), which took place in Abu Dhabi from 26 February to 1 March 2024. Raja Al Mazrouei said:
The UAE said that its production will remain at 2.912 million bpd until the end of June 2024. Afterwards, in order to support market stability, these additional cut volumes will be reversed gradually subject to market conditions.
The third edition of Investopia (Investopia 2024), held over the course of two days, 28 and 29 February in Abu Dhabi, ended on a high note after