Norway wealth fund urged to ease nuclear arms ban after Gaza investment row
The review called for Norway's sovereign wealth fund to lift ethical risk limitations on its investments.
Business
China-North Korea border bridge may do little to spur trade, experts say
Sanctions and a North Korean leadership that prioritises security dim prospects for trade, analysts say.
Business
Oil prices ease but head for another weekly gain on Middle East supply concerns | The National
Current market levels 'still seem somewhat lofty compared to market realities', says analyst
Business
Region need new trade routes, with or without Hormuz, UNDP’s Abdallah Al-Dardari tells Arab News
Abdallah Al-Dardari, UNDP's director for the Arab region, emphasizes the need for new trade routes in light of the ongoing US-Israeli conflict with Iran that has severely impacted the Strait of Hormuz, a vital shipping lane. He proposes a Regional Convergence Initiative aimed at developing multiple trade and energy routes to reduce dependence on Hormuz, fostering economic growth and diversification despite the current crisis. This initiative seeks to address long-standing regional vulnerabilities and is set to move into its next phase, with discussions on project developments and funding.