Saudi Arabia’s low-cost carrier flynas posted a net loss of SAR 527 million in 2025, compared with a net profit...
The EV manufacturer reported net profit of $.3.3bn for 9M 2025.
ABU DHABI, UAE – Emirates Global Aluminum (EGA) on Thursday announced the construction of a pilot plant to convert bauxite...The pilot plant will use technology to neutralise caustic bauxite residue into an environmentally benign raw material in hours.
This optimised bauxite residue is the main ingredient for the manufactured soil, which EGA calls turba.
ABU DHABI, UAE - Masdar City, a sustainable urban community and a business and technology hub here, has just completed...NZ1 is designed to consume 53 percent less energy than an equivalent conventional building.
Solar panels will generate 101 percent of the building’s annual energy needs, making it net-zero energy.
Manama, UAE--The Bahrain Institute of Banking and Finance (BIBF) has partnered with UpGradelle, a leading French-based consultancy firm, to develop...The BIBF intends to equip the country's financial and business sectors with skilled leaders that can "catalyse the change in business operations"
CEO of the BIBF said the collaboration will strengthen their position as a leader in delivering state-of-the-art training and development solutions
"The rapid pace and fervor surrounding social media have introduced volatility into financial markets, leading to instances where stocks, particularly...Social media has opened up opportunities for independent and self-motivated online traders.
Financial guidance is actively sought on social media platforms, especially by young investors.
Abu Dhabi, UAE--Abu Dhabi Future Energy Company (Masdar) has signed an agreement with Emirates Steel Arkan to develop a pioneering...The project, the first of its kind in the MENA region, is under construction within the facilities of Emirates Steel Arkan in Abu Dhabi's industrial city
It will generate green iron, a highly sought-after product by international steel companies striving to achieve net-zero emission target across the world
Dubai, UAE--Dubai International Chamber has attracted a total of 92 businesses, including 15 multinational companies and 77 SMEs, to the...It helped nearly 33 Dubai-based companies to expand in global markets, either by increasing their exports or helping them to establish a presence abroad
The international chamber launched three new global representative offices during the third quarter of 2023 in Ho Chi Minh City, Vietnam, Milan, Italy, and Paris, France
- With a focus on economic diversification and technological advancements, the region is setting a precedent for strategic growth and innovation...
With a focus on economic diversification and technological advancements, the region is setting a precedent for strategic growth and innovation in the post-pandemic era.
In 2023, state-owned enterprises and sovereign wealth funds spearhead robust dealmaking in energy, chemicals, and technology sectors within the regional M&A landscape.
New York, United States - Wall Street stocks resumed their upward climb early Wednesday following strong results from artificial intelligence player...The broad-based S&P 500 gained 0.6 percent to 4,566.85, while the tech-rich Nasdaq Composite Index jumped 1.0 percent to 14,337.20
Nvidia said it made a profit of $9.2 billion on revenue of a whopping $18.1 billion, compared with $5.9 billion in the same quarter a year earlier
The current output strategy by OPEC+ that saw nine members led by Riyadh to cut production in recent months to...The 13 OPEC members led by Saudi Arabia and their ten partners led by Russia were due to decide on their output policy amid slumping crude prices
Traders worry that crude demand will slump, with concerns about the health of the global economy as China's post-Covid rebound stutters
Seoul, South Korea - Binance boss Changpeng Zhao has become the most powerful cryptocurrency figure to fall in a two-year period...Zhao stepped down as CEO of Binance -- the largest crypto exchange in the world -- after he and the company pleaded guilty on Tuesday to sweeping US money laundering violations
A celebrity in the crypto world with 8.7 million followers on X, Zhao became the richest known figure in the industry, and his net worth peaked at around $65 billion in 2022
