New York, United States -- Boeing's CEO confirmed Wednesday that China had stopped accepting new aircraft due to the US-China...
- The $10.55 bn sale includes portions of digital aviation solutions business.
DUBAI, UAE - UAE Ministry of Climate Change and the Environment (MOCCAE) on Tuesday organized the second National Dialogue for...The National Dialogue for Food Security, organized by MOCCAE, aims to discuss topics that contribute to enhance food security for UAE.
The dialogue was also attended by poultry industry experts and representatives of various federal and local government entities.
The cornerstone investment in ADNOC Logistics is valued $70m.The move comes as part of the company’s strategy to diversify its investment portfolio, the company said.
Al Seer Marine was the sixth IHC Group company to list on the ADX in 2021. The company has a portfolio of services including management and training.
ABU DHABI, UAE - The Central Bank of the UAE (CBUAE) imposed administrative sanctions on eight banks operating in the...The administrative sanctions take into account the banks' failures to comply with the CBUAE's instructions
CBUAE works to ensure that all licensed financial institutions abide by the UAE laws, regulations and standards.
Retail sales in the United States returned to growth in April fueled by a rebound in motor vehicle sales, data...Retail sales rose by 0.4 percent in April from a month earlier to $686.1 billion, the US Commerce Department said in a statement.
A separate report released by the Federal Reserve showed that industrial production rose 0.5 percent month-on-month.
The construction contract was awarded to a joint venture of France's Technip Energies and Consolidated Contractors Company for the North...NFS and North Field East form the wider North Field Expansion project to increase LNG production. The North Field contains the world's biggest natural gas reserves.
The LNG trains, together with further expansion of North Field East, will boost Qatar's total production from 77 to 126 million tons per year, QatarEnergy said.
Alcoa is now EGA's largest third-party supplier of alumina.The agreement, spanning eight years starting in 2024, includes options that enable EGA to procure up to 15.6 million metric tonnes of alumina.
The pact is the largest alumina supply contract ever signed between the two firms and is one of the largest in the industry, said Alcoa CEO Roy Harvey.
- Wio will offer Khalifa members full digital account onboarding.
The two entities aim to empower SMEs, entrepreneurs and freelancers in Abu Dhabi and the UAE with business banking tools and financial solutions.
Wio Business will be extending a special promotion of a three-month free subscription plan to over 3,600 members and portfolio companies of Khalifa Fund.
- PARIS, FRANCE - Russia's oil exports rose in April to the highest level since its invasion of Ukraine, boosting revenues by...
The Paris-based organization said Russian exports increased by 50,000 barrels per day to 8.3 million bpd in April.
Russia's tax receipts from its oil and gas sector were down by 64 percent year-on-year, the agency added.
Under the agreement, Saudi Arabian Mining Company (Ma'aden) will buy 9.9% shares of Ivanhoe Electric and use Ivanhoe's Typhoon surveying...Saudi Arabia's transformative Vision 2030 program has made mining the third pillar of the kingdom's economy. Its mineral wealth is valued at estimated $1.3 trillion.
The exploration operations target to discover new minerals, such as copper, nickel, gold, silver, and other strategic minerals.
- Regulators worldwide are increasingly worried about the lack of oversight of the digital currency sector but the European Union has...
During a meeting of EU economy and finance ministers on Tuesday, they agreed on rules to go after individuals who stash their cash where tax authorities have no oversight.
The rules will close loopholes that allow people to avoid taxation on their income using crypto assets, Swedish Finance Minister Elisabeth Svantesson said.
