The contract for two jack-up rigs begins in the second quarter.
San Francisco, United States -- Anthropic launched its latest Claude generative artificial intelligence (GenAI) models on Thursday, claiming to set...
TEHRAN, IRAN – Iran’s export of non-oil products to the Economic Cooperation Organization (ECO) member states in the first four...In the four-month period, Iran exported 8.161 million tons of non-oil commodities to ECO member states.
In the same period, Iran imported 1.394 million tons of goods, valued at $2.445 billion, from the ECO states.
DOHA, QATAR - The Ministry of Finance announced that the budget of Qatar for the second quarter of the year...The surplus would be directed towards reducing public debt, raising the reserves of the Qatar Central Bank.
It would be used for enhancing the savings of future generations through the Qatar Investment Authority.
Wall Street's three main indexes ended a volatile August on a tepid note Thursday after data showed the Fed's preferred...The labor report comes at the end of a week that has seen traders cheered by figures indicating the world's top economy is showing signs of softening.
Dealers also cheered the latest measures to help the property sector, which allow cities to cut down-payments for home buyers.
The subsidiary was set up in partnership with a Jordanian company.In August, Estithmar Holding subsidiary Elegancia Healthcare established a branch in Iraq.
Estithmar Holding had signed agreements with the Iraqi investment authority worth $7 billion.
RIYADH, SAUDI ARABIA - Agri-Nutrients SABIC, in cooperation with the American companies ADM and BiOWiSH has helped farmers achieve high...Through these collaborative efforts SABIC aims to help reduce the carbon footprint in the agricultural supply chain.
Farmers will use SABIC's bio-fortified urea for the 2023 agri-nutrient season and enroll in ADM's Re:Generations program.
Riyadh, Saudi Arabia -- Saudi Arabia achieved a surplus of SAR 22.8 billion ($6.07 billion) in the balance of payments...The Kingdom had recorded a deficit of SAR 1.6 billion in Q1 2022, the Kingdom's Ministry of Tourism said.
Incoming tourism revenues increased by about 225 percent compared to the first quarter of 2022, to reach about SAR 37 billion.
DUBAI, UAE – Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade discussed deeper economic collaboration,...The UAE and New Zealand already share a productive trade relationship, with non-oil trade reaching US$805 million in 2022.
UAE is New Zealand's leading trading partner in the Arab World, accounting for 2.5 percent of Wellington’s total foreign trade.
The plant is located in their jointly owned petrochemical firm.Sinopec SABIC Tianjin Petrochemical Company, established in 2009, consisting of nine manufacturing units.
The production capacity of the new polycarbonate factory is 260,000 tons per year.
Riyadh, Saudi Arabia -- Consumer spending in Saudi Arabia increased 2 percent to SAR 104.6 billion ($27.88 billion) in July 2023, from...Data showed 745.9 million transactions were processed through 1.64 million POS devices in July.
POS transactions represent what consumers spend using their ATM and credit cards in shopping malls, retail stores, pharmacies, etc.
The study credited President Joe Biden's Inflation Reduction Act in the United States, which is designed to underpin a vast energy...Between January and June turbine orders for capacity reached 69.5 gigawatts, a 12 percent rise over in the first six months of 2022, according to research firm Wood Mackenzie
Total first half volume by value came in at $40.5 billion with a 47 percent rise in Chinese demand one of the key factors behind the push, the report said
