Riyadh, Saudi Arabia -- On the World Chocolate Day, Saudi Arabia's Ministry of Commerce announced that the total number of...
San Francisco, United States -- Microsoft on Wednesday said it was slashing a little less than four percent of its...
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.
The company's EBITDA for the quarter was $310 million.The company's sales backlog stands at AED 45.680 billion (US$ 12.437 billion), indicating a healthy demand for its properties
Emaar Development delivered 1,600 residential units in Q1, with over 28,500 residences currently under development in the UAE
- Kuwait City, Kuwait – Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, announced on Monday that it had...
The company will provide major plant upgrade services and cutting-edge technologies for the Sabiya Power and Water Distillation Station
Mitsubishi Power will be responsible for the upgrade of 8 units of Steam Turbines, Generators (gas and oil fired) and Control Systems unit
- Abu Dhabi, UAE-- The recent partnership signed between Abu Dhabi Islamic Bank (ADIB) and Meydan Free Zone is expected to...
The partnership will enable trade license holders in the Meydan Free Zone to access ADIB's range of banking products and services
Hamed Ahli, head of Meydan Free Zone, said the MoU will drive new financing potential for companies seeking to grow from Dubai
