- Tuesday's announcement was not expected to have an immediate effect on production or exports. After a series of oil supply...
Riyadh announced the planned production capacity increase in October 2021, the same month it pledged to achieve net zero carbon emissions by 2060
That applies to emissions that are produced directly by Aramco's industrial sites, but not the CO2 produced when clients burn Saudi oil in their cars
- Evergrande's demise has been closely watched as it was once a pillar of China's economy, with the construction and property...
The order kickstarts a long process that should see Evergrande's offshore assets liquidated and its management replaced
The company's executive director vowed the Hong Kong court's decision would not impact its operations domestically
- Budapest, Hungary--Bahrain and Hungary have held discussions to boost economic and trade ties between the two countries. In this regard,...
Chairman of Bahrain Chamber of Commerce and Industry said the Bahraini-Hungarian Business Forum aimed to boost trade, investment ties between the two countries
According to Gabor Jenei, the CEO of Hungarian Export Promotion Agency (HEPA), Hungary's exports to Bahrain reached $15m and Bahrain's exports to Hungary at $8m
- Tokyo, Japan - Toyota said Monday it was suspending shipments of 10 models that use engines linked with testing irregularities at...
The affiliate, Toyota Industries, did not conduct proper horsepower output testing for the certification of three diesel engine models, the parent group said
Toyota Industries said in a separate statement that its workers adjusted the fuel injection amounts to make the data "better-looking"
- GFP secures nearly $60 million in equity financing to expand its network.
GFP aims to create the leading fertility network in the region, and one of top 10 globally, according to a statement.
Saudi Arabia will be the focus of the investment. GFP’s facility in Riyadh is currently under construction and is due to commence operations later this year.
- EDGE has a local and global orderbook of over $5billion.
Al Marar succeeds Mansour AlMulla, who is returning to ADQ Group following a successful two-year managerial secondment to EDGE.
He will utilize his leadership skills and experience within the UAE’s defense industry to guide the group into the next phase of its evolution.
- Doha, Qatar - Qatar's foreign merchandise trade balance, which represents the difference between total exports and imports, showed a surplus...
The trade balance showed a decrease of about QR 9.5 billion, or 33.7 percent, compared to December 2022.
The YoY decrease was mainly due to lower exports of Petroleum Gases and Other Gaseous Hydrocarbons.
- The carrier flies mostly throughout Europe.
The carrier, which flies mostly throughout Europe, said net profit slumped to 14.8 million euros ($16 million) in the final three months of 2023
Chief executive Michael O'Leary said Ryanair was narrowing its forecast for annual net profit to a range of 1.85 billion and 1.95 billion euros





















