Damascus, SANA – Prime Minister Imad Khamis on Tuesday received Minister of External Economic Relations of the Democratic People’s Republic of Korea (DPRK) Kim Yong-jae and the accompanying delegation.

The meeting touched on developing bilateral relations in trade, investment, transport, reconstruction, higher education, agriculture, and public works, as well as exchanging expertise.

Premier"...

Mezzan Holding, one of the largest manufacturers and distributors of food, beverage, and FMCG products in the Gulf, has unveiled the signing of a distribution agreement with Beyond Meat, a leading US-based producer of plant-based meat substitutes.

Under the agreement, Zandbergen World's Finest Meat will distribute the product to European markets and to Mezzan Holding who will handle the products’ distribution to the Gulf region starting with Kuwait and the UAE, said a statement from the company....

STOCKHOLM: Swedbank said on Monday its chief risk officer was leaving as the Swedish bank revamps its structure to regain customer trust after a money laundering scandal in its Baltic branches sent its shares down 40 per cent in the past year. Helo Meigas will leave the bank along with head of Baltic Banking Charlotte Elsnitz, the bank said in a statement on Monday. Gunilla Hallros and Jon Lidefelt will take over, respectively, in an interim capacity. The search for permanent replacements has already started, the bank said.

NEW YORK: Merck & Co said on Monday it would buy cancer drug developer ArQule Inc in a $2.7 billion all-cash deal, bolstering its oncology franchise with the smaller rival’s lead drug that is being tested as a treatment for blood cancer. The offer of $20 per share for ArQule is more than double its closing price on Friday. The deal, expected to close early in the first quarter of 2020, would give Merck access to ArQule’s experimental treatment ARQ 531, a precision medicine that tailors treatment to a patient’s"...

The 12th edition of the annual Arab Strategy Forum (ASF 2019) is set to kick off today (December 9) at The Ritz-Carlton, Dubai International Financial Centre, under the theme ‘Forecasting the Next Decade2020-2030’.

The event is being held under the patronage of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai.

This year's event, running a series of panels and Q&A sessions with some of the world’s leading personalities"...

Food is becoming more expensive globally with the sharpest price increases seen in turmoil-ridden Venezuela and Syria, according to the Global Food Security Index 2019.

About 26 countries in the index have reported food price inflation of five per cent and above in the past year.

'Argentina recorded the highest inflation rate for food prices in the past year (51 per"...

Economic diversification, a clear youth empowerment vision, and adaptation to the technological advancement and innovation are key to economic transformation and social development in the Arab world over the next decade, according to experts.

The 12th Arab Strategy Forum on Monday hosted a panel discussion moderated by Zeina Soufan from Dubai TV, which explored the progress of Arab economies, the role of oil and gas in the region’s future"...

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company and the Ministry of Technology and Communications (MTC), a government authority of the Sultanate of Oman, have signed a Memorandum of Understanding (MoU) to launch a Center of Excellence (CoE) for open source. The MoU was signed by Dr. Salim bin Sultan Alruzaiqi, Chief Executive Officer, MTC and Sanjeev Tayal, Vice President and Business Head, Middle East, Wipro Limited. Under this"...

Google made a series of announcements today, at its largest event in the region, in a commitment to make its products more helpful to the Arab world. The announcements are new features on Google Search, the launch of Google Assistant in 15 new countries, a new safety feature on Maps and one million USD grant to scale digital skills programs next year.

Lino Cattaruzzi, Managing Director for Google in the Middle East and North Africa, said: “Every"...

This week some of the world’s most respected Islamic scholars, joined by experts from governments, civil society groups and other faiths, will launch a new effort to build global peace, based on tolerance and religious freedom.

At the sixth Assembly of the Forum for Promoting Peace in Muslim Societies, in Abu Dhabi, Shaykh Abdullah bin Bayyah, President of the Forum, will inaugurate the charter of the ”New Alliance of Virtue”."...