NEOM / WAM Saudi Arabia will grant oil derivatives worth $422 million to Yemen, reported the Saudi Press Agency (SPA). Prince Mohammad bin Salman bin Abdulaziz, Crown Prince, Deputy Prime Minister and Minister of Defence, disclosed to Yemeni President Abdu Abd Rabbu Mansour Hadi — in a telephone call — of the plan that will help operate power stations in ...

ABU DHABI / WAM The UAE lauded the efforts of Egypt to address the incident that occurred in the Suez Canal when a container ship was stranded and blocked the canal. Egypt’s efforts succeeded in freeing the container ship and resuming traffic along the canal with efficiency and professionalism and within a reasonably short time. The UAE highlighted its confidence ...

Dubai / WAM The first quarter of 2021 saw consumer confidence in Dubai rising to its highest level since the second quarter of 2015, according to the Consumer Confidence Index released by Dubai Economy. The index recorded 145 points in Q1 2021, compared to 139 points during the same period of the previous year, and 142 points in Q4 2020. ...