New York, United States -- US airlines and aerospace manufacturers insist they have no use for tariff protections, warning that...
Geneva, Switzerland – The World Economic Forum today released a new report examining how emerging technology combinations are reshaping industries...
The deal is also under threat in the US, where last year the Federal Trade Commission launched a legal action...Activision Blizzard's hit titles also include "Candy Crush" and "World of Warcraft". If it goes ahead, it will be the biggest deal ever in gaming if it goes through.
The European Commission, the bloc's powerful anti-trust authority, said the approval was "conditional on full compliance with the commitments offered by Microsoft".
This amounts to cash dividend of 54 percent (54 fils per share)The group had announced a net profit of KD 38.2 million ($124.7 million) and earnings per share of 134.56 fils for 2022.
The group had achieved extraordinary profits in 2021 amounting to KD 49.2 million ($160.9 million) resulting from the acquisition of AXA operations in the Gulf region.
ABU DHABI, UAE - First Abu Dhabi Bank (FAB) is hosting a one-day summit that brings together aviation thought leaders...FAB recently announced that it would set financed emissions reduction targets across oil and gas, power generation and aviation.
The summit will examine how the aviation sector will play a crucial role in supporting the UAE's objective to achieve net-zero by 2050.
ARBIL, IRAQ- Officials in Iraqi Kurdistan say Baghdad is still waiting to reach a "final agreement" with Ankara to resume...Crude sales were Kurdistan's economic lifeblood, with 475,000 barrels exported daily via the Turkish port of Ceyhan.
The suspension of exports represents a shortfall of around "one billion dollars", analyst Kovand Shirwani said.
DUBAI, UAE - Chairman of the Dubai Supreme Council of Energy Sheikh Ahmed bin Saeed Al Maktoum chaired the 76th...The meeting discussed the progress of the Hatta hydroelectric power plant, which DEWA is building and is 70 percent complete.
The meeting also discussed the operation of the region’s first green hydrogen production facility to support diversifying energy sources.
- Major stock markets advanced after President Joe Biden said he was "optimistic" about finding an agreement on averting a first-ever...
The European Commission boosted its 2023 economic growth outlook for the eurozone but raised the inflation forecast for the area.
European gas prices reached the lowest levels in almost two years as concerns about tight supplies ease heading into the summer.
Dubai, UAE -- Dubai luxury real estate market transactions hit a new high in May, with a four-bedroom penthouse in...The 12,113-square-feet property boasts views of both the Dubai skyline and Bulgari Marina, said Driven Properties, which sold the penthouse.
The number of transactions grew by 17 percent to 8077 in April 2023, from 6898 transactions in April 2022.
- Leveraging DMCC’s strong regulatory framework and reputation within Indian business circles, the office will provide a one-stop solution for Indian...
DMCC aims to boost the relationship between the UAE and India in support of the UAE-India Comprehensive Economic Partnership Agreement (CEPA).
Trade between the UAE and India surged 14 percent after the two countries signed CEPA in 2022.
BRUSSELS, BELGIUM - The European Commission boosted its 2023 economic growth outlook for the eurozone on Monday but it also raised...The EU executive's spring forecast is more optimistic than that issued late last year, despite inflation proving "stickier than expected".
Brussels also raised the 2024 growth forecast for the 20-country single currency zone by 0.1 points to 1.6 percent.
- By filtering and treating the Treated Sewerage Effluent (TSE), it will remove additional impurities and contaminants, generating non-potable water suitable...
The water plant is likely to offer industries easy access to premium recycled water, and lower dependency on potable water.
The plant will help in bringing down the carbon footprint of industries, and enhance environmental consciousness.
