The recent“preliminary” free trade agreement (FTA) between Pakistan and the Gulf Cooperation Council (GCC)marks a significant stride in their economic cooperation, especially with favourable trade terms. This move follows discussions between both parties, aiming to bolster Pakistan's exports to the ...
the US Green Building Council for achieving net-zero carbon emissions and prioritising energy efficiency through sustainable design and operations. The 32-story tower was also the first commercial building in the UAE and the second building in the Middle East to achieve LEED Zero Energy c...
Like conventional bonds, sukuks are very appealing to governments for raising money to spend on development projects. Their main challenge remainsstandardisation; buyers tend to find it more difficult to assess risk than with regular bonds.
Economic cities and special economic zones are viewed as one solution to the waste problems associated with commercial activity. In the Gulf Cooperation Council area, these are fast becoming a topic of interest for policymakers and businesses. Saudi Arabia is taking proactive steps to build self-pow...
Although our study primarily focuses on a single country, its findings can be generalized to other Gulf Cooperation Council (GCC) member countries.1 The GCC nations share economic reliance on oil revenue, strong sociopolitical ties, and similar systemic risk policies. Their financial systems primarily...
Another was the partnership between the International Hydrogen Trade Forum, an organisation launched in late July of 2023 by, among others, the governments of Saudi Arabia, Japan, South Korea, the United Arab Emirates, the United Kingdom, the United States and the Europe...
MFA statement on Council of the European Union approval of AIFMD MFA MFA issued the following statement on the Council of the European Union’s approval of the AIFMD agreement: /jlne.ws/49sZdPv Saudi Exchange appoints new chief of derivatives; Individual has been at the Saudi Exchange for ove...
To achieve membership, a decision needs to be made by the majority of the members of the UN General Assembly, after the 15-member Security Council has proposed it. The Council has 5 Permanent members with veto power.The Permanent Members are the only countries with UN Security Council veto ...
interview that largely whitewashed the group’s Wahhabist leanings and links to terrorist acts in Syria. In September 2016, on Twitter,Hussain assertedthat Saudi Arabia’s funding of armed factions was not necessarily “good” but that “there is little to indicate they contribute to terrorism....
Member-borrowers with past due short-term loans living or working in calamity/disaster-stricken areas as declared by the National Disaster Risk Reduction and Management Council (NDRRMC) or in the case of Ondoy, by the National Government.