- The Kingdom's production in the coming months November and December will be approximately 9 million barrels per day, the country's...
Riyadh, the world's biggest crude exporter, first announced its cut after a June meeting of the 23-nation OPEC+ alliance, which also includes Russia.
That decision riled the United States, which at the time accused Saudi Arabia, a security partner, of siding with Russia in the war in Ukraine.
- Riyadh, Saudi Arabia – Saudi “flynas” airline announced the delivery of five A320neo aircraft to increase its all-Airbus fleet to...
The latest deliveries come as part of the expansion plan launched under the title "We connect the world with the Kingdom."
flynas connects more than 70 domestic and international destinations with more than 1,500 weekly flights
- They will conduct a study to build a direct air-capture facility.
The deal was signed after the two companies had signed a collaboration agreement to explore carbon capture, utilisation and storage (CCUS) projects in the UAE and the US
The one-million-tonnes-per-annum facility will be be connected to ADNOC’s CO2 infrastructure for injection and permanent storage into saline reservoirs
- Dubai, UAE - : Recently crowned Miss Universe Queens Miss Universe Bahrain 2023 Lujane Yacoub and Miss Universe Pakistan 2023...
The two Miss Universe queens arrived in Manila this weekend to collaborate with the Philippine Department of Tourism in promoting its ‘Halal and Wellness Tourism’ campaign
With the Muslim travel market forecast to reach $225 billion by 2028, the Philippines’ government is trying to attract visitors from Muslim-majority countries
- Abu Dhabi, UAE-- Kazakhstan's BSG Technology is looking to expand its operations into the Middle East, and begin operations in...
BSG Technology intends to launch its operations in the UAE market in 2024 and in this regard it has partnered with a local company
Baimukhanbetov said the energy sector in the Middle East is large, offering many opportunities to companies for expansion in the field
- A transformative shift is unfolding in the region as more people transition from gasoline-powered vehicles to electric ones, an in-depth...
A transformative shift is unfolding in the region as more people transition from gasoline-powered vehicles to electric ones, an in-depth TRENDS report reveals.
With global EV sales hitting significant milestones and the UAE setting ambitious green targets, the future of transportation is looking increasingly electric
- A transformative shift is unfolding in the region as more people transition from gasoline-powered vehicles to electric ones, an in-depth...
A transformative shift is unfolding in the region as more people transition from gasoline-powered vehicles to electric ones, an in-depth TRENDS report reveals.
With global EV sales hitting significant milestones and the UAE setting ambitious green targets, the future of transportation is looking increasingly electric
- Washington, US - Growing geopolitical fragmentation since the invasion of Ukraine has hit commodity markets, threatening to slow the transition to...
IMF economists said trade disruptions could lower investment in renewable energy and electric vehicles by almost 30 percent till 2030
It said further geopolitical fragmentation could lead to "turmoil" in the commodity markets, causing long-term economic losses
- The focus has been on US Treasury bond yields that have surged to levels not seen in over a decade,...
Asian indices also ended mostly lower with Hong Kong leading the decline, falling nearly 2.7 percent as the market reopened after a holiday weekend
Russia's currency meanwhile continued to weaken on signs the country's economy is facing slower growth and higher inflation as the Ukraine war drags on
- Air France-KLM will buy 19.9% shares of SAS.
The group, along with the Danish state, will invest $1.175 billion in the airline, with Air France-KLM investing $144.5 million to buy the 19.9 percent holding.
SAS filed for Chapter 11 bankruptcy protection in the US, an option available because of its operations there, in July 2022 as it reeled from Covid travel bans.




















