The profit jumped to US$41.40m in 2023.
- The company said lower energy prices cut into its profits.
The equity investment was reportedly a part of Interstellar Lab's latest $3-million seed round.The non-profit FII Institute has made the investment in the French firm Interstellar Lab
The Paris-based firm designs closed-loop bio domes for sustaining life on Earth, the moon, and Mars
The director-general of the Iranian Trade Promotion Organization’s Office of Arabian and African Countries has said Iran is in talks...Lebanon is currently suffering under one of the world’s worst economic crises since the mid-1800s
The situation is such that senior economist Nasser Saidi has said hyperinflation is imminent in the country
Being home to most of the high net-worth individuals in the Middle East, Saudi Arabia, the UAE and Qatar are...Porsche Middle East and Africa’s successful implementation of new retail strategy helps in achieving the targets in Q1 2021.
GCC governments are committed to increasing sustainability by reducing carbon emissions.
- Boeing has already lost $20 billion in fines, lost orders, and other costs, due to these two crashes, both of...
A Delaware judge observed that while those who died in the crashes were the primary victims, Boeing shareholders were secondary victims
She has allowed the Board of Directors to be prosecuted on charges that they did not make good-faith decisions about the safety of the aircraft
Called the Iker Casillas Goalkeeper Training Center, this will be the first such facility by the Real Madrid goalkeeper outside...The center is to be established in partnership with Dubai’s Fursan Hispania FC
It will be helmed by former Spain international footballer Michel Salgado
The change in operators coincided with the 12th anniversary of Dubai Metro, which started operation on September 9, 2009.The operation and maintenance contract of Dubai Metro and Tram with Keolis-MHI LLC spans 15 years
Of these, nine are base years, and six years are renewable every two years
Standard Chartered has forecast that Bitcoin will touch the magical figure of $100,000 in the first quarter of 2022, and...On Wednesday, Bitcoin was trading at a little more than $46,000
Ethereum and Binance Coin were trading at $3,413 and $409, respectively
Continuing with its expansion strategy, Eltizam Asset Management Group, a subsidiary of the Abu-Dhabi based International Holding Company, acquired Inspire...Acquisition part of ltizam Asset Management's expansion strategy
Inspire Integrated, which will continue to operate under the same name, specializes in infrastructure and real estate solutions
The scope of the cooperation covers potential joint opportunities in Mena, South East Asia, Europe, and other regions of mutual...The MoU aligns with Mubadala Petroleum’s approach to Environmental, Social & Governance ESG considerations and its energy transition goals
This includes pursuing a gas-weighted portfolio strategy that has seen the company’s asset base reach almost two-thirds natural gas
The consortium, called Pearl Petroleum Company Limited, is led by Dana Gas and Crescent Petroleum, both of which are from...Pearl Petroleum’s financing from DFC is expected to boost its work at the Khor Mor gas plant in the Kurdistan Region of Iraq
Proceeds from the seven-year financing are expected to support an increase in gas production capacity at the plant by 50 percent
