Sharjah, UAE – Exhibitors at the 55th Watch and Jewelry Middle East Show, scheduled from May 28 to June 1,...
Washington, United States -- US President Donald Trump on Friday threatened Apple with a 25 percent tariff if the iPhones...
The first phase works, costing $200m, likely to completed in 30 months.The Group will provide the facility with digital services and technology solutions to enhance its efficiency
It will invest more than $500 million in the development and functioning of the “New East Mole Port”
The agreement, to supply four million tons annually to the China National Petroleum Corporation (CNPC), matches the terms of a...Asian countries led by China, Japan and South Korea are the main market for Qatar's gas, which has been increasingly sought by European countries since Ukraine war.
Earlier this month, QatarEnergy agreed a 15-year supply deal with Bangladeshi state firm Petrobangla, and last month it awarded a $10 billion contract to France's Technip.
At list prices, the Airbus deal is worth $3.3bn and Boeing's $1bn.Philippine Airlines will buy nine of Airbus' A350-1000 planes, while Air Algerie will buy eight of Boeing's medium-haul 737 MAX-9 aircraft.
Faced with growing demand for long-haul planes, Airbus is pushing to increase production of the A350, its latest airliner, setting a target of nine per month by the end of 2025.
- Paris. France -- The candidature of Saudi Arabia (for Riyadh), South Korea (Busan) and Italy (Rome) for World Expo 2030...
At the 172nd General Assembly of the BIE, Member States were presented with the findings of Enquiry Missions carried out by the BIE to assess the candidature projects for Expo2030.
Riyadh's bid for Expo between 1 October 2030 and 31 March 2031 is under the theme “The Era of Change: Together for a Foresighted Tomorrow”.
DUBAI, UAE - Arada's US$500 million Sukuk was listed in Nasdaq Dubai. The Sukuk is the first issuance by Arada...This marks Arada’s first listing in the UAE, following its Sukuk listing last year on the London Stock Exchange.
Arada has embarked on projects worth US$10 billion under development in Sharjah and Dubai.
VLCCs carry almost 2 million barrels of crude per voyage.The vessel is the first of four dual-fuel engine very large crude carrier which can also run on liquefied natural gas
ADNOC L&S has committed approximately $2 billion to build more environmentally efficient vessels.
- The move fits in with its plan to reorganize business operations.
Under the reshuffle, Joseph Tsai will serve as chairman and Eddie Wu as CEO -- replacing Daniel Zhang, who holds both roles, appointments will take effect on September 10
Daniel Zhang said in a statement it was the "right time" for him to step down as Alibaba looks to implement a full spin-off of its advanced cloud computing unit
Abu Dhabi, UAE--Gross assets of the Sharia-compliant banks in the UAE climbed to $177 billion by the end of the...According to the CBUAE, there was an increase in Islamic banks' credit to US$109 billion toward the end of March 2023, an annual growth of 2.51 percent
The apex bank noted the jump in the Islamic banks' deposits to US$123.45 billion in March 2023, an annual rise of 6.2 percent, from nearly US$116.26bn in March 2022
The Saudi-French Investment Forum witnessed the signing of 24 MoUs and investment agreements, collectively valued at approximately $2.9 billion. The...The agreements provide opportunities for increased investment and collaboration in diverse sectors
Trade volume between France and Saudi Arabia surged by over 80% in 2022, reaching $11.5 billion
MUSCAT, OMAN - Oman’s economic growth is expected to rebound to 2.7 percent in 2024 but will slip in 2023...The projections reflect the oil production cuts by OPEC+, moderate growth in the non-hydrocarbon sector and a slowdown in global economic activity.
Oman's real GDP rose by 4.3 percent in 2022, basically on an expansion of the hydrocarbon sector.
