Theme

Economy

Stories related to finance and economics.

Editor's choice
News
US and Ukraine sign deal giving US access to country’s valuable mineral wealth

US and Ukraine sign deal giving US access to country’s valuable mineral wealth

The United States and Ukraine have signed a minerals deal after a two-month delay, in what President Donald Trump's administration called a new form of US commitment to Kyiv after the end of military aid. Ukraine said it secured key interests after protracted negotiations, including full sovereignty over its own rare earths, which are vital for new technologies and largely untapped. Trump had initially demanded rights to Ukraine's mineral wealth as compensation for US weapons sent under former president Joe Biden after Russia invaded just over three years ago.
Editor's choice
News
How Armenia is trying to build a Silicon Valley in the South Caucasus

How Armenia is trying to build a Silicon Valley in the South Caucasus

In Armenia tech education starts early. In a typical three-storey state school in the suburbs of Yerevan, the Armenian capital, nine-year old Slavik is demonstrating his invention, a box with three LED lights.  Next to him, 14-year-old Eric and Narek are showing their smart greenhouse model that monitors temperature and controls fans automatically through a mobile app. Other children are enthusiastically showcasing their inventions: games, robots, apps and smart home projects. Eleven-year-old Arakel is holding his cardboard model of a house with a retractable clothesline.

Filter archive

Publication date
Editor's choice
News
Saudi Arabia unveils plan for a 'Riyadh Vision'

Saudi Arabia unveils plan for a 'Riyadh Vision'

Saudi Arabia announced on Thursday, its strategy for the 'Riyadh Vision'. The plan was revealed by Crown Prince Mohammed bin Salman and it aims to make Riyadh among the world's top 10 economic cities in order to drive forward the country’s economic, industrial and tourism growth in the upcoming years. 
Editor's choice
News
UAE affirms support for Gulf economic cooperation

UAE affirms support for Gulf economic cooperation

The UAE Minister of State for Foreign Trade affirmed the UAE’s willingness to support joint Gulf action in various priority economic issues. Some of the expected changes is an amended consumer protection system, the adoption of the amended patent system, and continuing to support and encourage small and medium enterprises and institutions.
Editor's choice
News
Dubai marches ahead despite pandemic setbacks

Dubai marches ahead despite pandemic setbacks

Emphasising its resilience as the leading economic hub in the Gulf, the Emirate of Dubai on Sunday (27 December) unveiled a growth-oriented 2021 budget that seeks to accelerate the pace of economic recovery, strengthen social benefits and enhance infrastructure. Dubai seeks a quick bounce back in 2021 after the setbacks due to the coronavirus pandemic