There was a convergence of views on structural reforms in a meeting with managing director Christine Lagarde in Dubai on February 10, Khan said in a twitter post. Pakistan is close to an agreement after differences have narrowed, Finance Minister Asad Umar told reporters on Monday.
The South Asian nation is looking to bridge a financial gap of at
...The global maritime industry is on the path to revival, with key players adopting structural changes to maximise operational efficiencies through innovative solutions and strategic partnerships. Leading players within the industry are cautiously optimistic about the revitalisation of oil prices and its overall impact on the shipping and logistics
...Boeing projects the Middle East will need $745 billion in aviation services through 2037 to keep pace with growing passenger demand and freight traffic in the region, according to a new report.
According to Boeing, the high value services market will largely be driven by demand for nearly 3,000 new commercial airplanes in the Middle East over the
...Saudi Arabia is bolstering efforts to shore up the economy of a fellow Arab monarchy with a 500 million-dinar ($705 million) joint investment in Jordan.
The Saudi Jordanian Investment Fund and the Aqaba Special Economic Zone Authority signed a memorandum of understanding on Sunday to establish, develop and manage a railway connecting Aqaba, on the
...Dubai will seek partners this year to build its first solar-powered desalination plant as the emirate tries to diversify away from burning fossil fuels to increase its water supply, the head of the Dubai Electricity and Water Authority said in an interview.
The plant, using reverse osmosis technology, will have capacity to produce 120 million
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