Saudi Arabia Advances in 36 Global Indices


Saudi Arabia has recently secured advanced positions in 36 international indices, reflecting its strengthened economic and investment environment. The progress encompasses notable categories such as consumer confidence, the business environment, government trust, and the World Competitiveness Rating. Investment licenses issued in the year’s second quarter saw a whopping 93.9 percent growth, surging to approximately 1,800 […]

Middle East sees 26% growth in air connectivity in 2022


Air connectivity in the Middle East stands out with a 26% growth in total connectivity in 2022 vs 2019, with direct links to destinations in North America, Asia-Pacific and Africa, says a report. Airports Council International (ACI) Asia-Pacific and Middle East (ACI APAC & MID) launched the Airport Connectivity Report at the opening of its […]

Morocco’s Tomato Exports Reach 716,000 Tonnes in 2022-2023 Season


Morocco’s tomato exports to foreign markets reached 716,700 tons in the 2022/2023 market year, according to new data from the website East Fruit. The exports have helped Morocco generate revenues of $990 million, the website reported earlier today. “Over five years, the volume of tomato exports from Morocco has increased by more than 25%,” the […]

Over 90 new factories to take part in ‘Made in Qatar’ exhibition


Preparations for the ninth edition of the ‘Made in Qatar’ exhibition are in full swing, and there are high expectations of significant participation from more than 450 Qatari companies and factories in six industrial sectors. Held under the patronage of the Amir His Highness Sheikh Tamim bin Hamad Al Thani, the exhibition is being organised […]

32 Italian research projects chosen for EU funding


  The European Research Council (ERC) has awarded starting grants to 32 young Italian scientists in support of cutting-edge research in the fields of physical sciences and engineering, social sciences and humanities and life sciences.     The awardees are among 400 scientists to have received funding worth a total of 628 million euros as part of the […]

A smooth start for solar power in Algeria: Tenders for the Solar 1,000 MW project to be opened in September


The world’s leading hydrocarbon producers are investing more and more in renewable energies, paying particular attention to the development of this alternative form of energy, without abandoning the exploitation of fossil fuels. Link:

Calamities in Morocco and Libya

The Joint Italian Arab Chamber of Commerce deeply mourns the victims of the tragic natural disasters in North Africa and expresses its sympathies and condolences to the affected families and communities in Morocco and Libya. In this challenging time, we extend our heartfelt sympathy and stand in unity with all those suffering. Our thoughts and […]

Tourist arrivals jump 62.4% by end August 2023


 The number of tourist arrivals to Tunisia hit 6.232 million during the first 8 months of 2023, marking a jump of 62.4% compared with the same period in 2022, according to data released by the Ministry of Tourism and Handicrafts. This rise was driven by an increase in the number of tourists from France (up […]

Employment in Italy, Istat: +395 thousand employed in the second quarter 


In the second quarter of the year, Istat reports in its note on the labor market, the year-on-year growth in the number of employed people continued (+395 thousand, +1.7 percent compared to the second quarter of 2022). Compared to the first quarter, they increased by 129 thousand (+0.6%), as a result of the growth of […]

Sharjah govt starts selling its 10.5-year sukuk – document


The Government of Sharjah has given initial price guidance of around 220 basis points over U.S. Treasuries for its dollar-denominated 10.5-year Islamic bonds maturing in March 2034, a bank document showed on Tuesday. An issuance of benchmark-sized, fixed rate senior unsecured sukuk would follow subject to market conditions, the document from one of the arranging […]

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