Geneva, Switzerland – The World Economic Forum today released a new report examining how emerging technology combinations are reshaping industries...
- London, United Kingdom -- US President Donald Trump's tariffs, his call to "drill baby drill" and especially a decision by...
The Kurdish regional government had for years earned billions of dollars in revenues exporting crude oil to Turkey without the...Iraq's Oil Minister Hayan Abdel Ghani had on Thursday said that crude exports from the Kurdish region through the Turkish port of Ceyhan would resume Saturday.
But on Friday the Kurdish natural resources minister, Kamal Mohamed, told a Kurdish television channel that the resumption of exports was still awaiting approval from Ankara.
Tabreed's total connected capacity rose to 1.276 million RT.Its revenue increased by 10 percent year-on-year to AED464 million from AED420 million in Q1 2022.
The company's profit from operation increased by 12 percent to AED172 million compared to AED154 million in Q1 2022.
DUBAI, UAE - The UAE has topped several global labor market indices issued by international entities and institutions in a...These indices include lack of labor disputes, low cost of severance compensation for workers, and working hours.
The UAE also stood out for the low cost of severance compensation in the Global Innovation Index 2022.
The continent has been racing to produce more electric vehicles as part of its green transition, with the clock ticking...Sweden's Northvolt will build a multi-billion-euro plant in northern Germany, which will supply around one million electric vehicles with batteries a year.
In France meanwhile, Taiwanese battery maker ProLogium announced it will invest 5.2 billion euros ($5.7 billion) in building a new factory in Dunkirk.
Dubai, UAE -- A total of 3,112 real estate and property transactions, valued at AED 9.4 billion ($2.55 billion), were...The DLD weekly real estate report noted that 170 plots were sold for AED 1.89 billion, while 2,261 apartments and villas were sold for AED 5.34 billion.
The top three transactions were a land in Al Safouh Second, sold for AED300 million, followed by a land in Saih Shuaib 4.
Firm said the profit was driven by higher prices for policies.The unit's strong performance helped offset lower revenues at its life and health division and its asset management arm.
Allianz confirmed that full-year operating profits remained stable at US$15.4 billion, "plus or minus US$1.08 billion".
Operating profit dropped 30.4% to 110.55 billion yen.For the year that ended March, the engineering giant booked a 126.57 billion yen ($940 million) net profit, down 35 percent on-year, on sales of 3.36 trillion yen, up 0.7%
For the current financial year to March 2024, it forecasts a 110 billion yen operating profit, down 0.5 percent from the previous year, on sales of 3.2 trillion yen, down 4.8%
The firm recorded a net profit of $873 million.Emaar recorded an EBITDA and net profit for the first quarter of 2023 of $1.1 billion and $873 million respectively
The group's property sales reached AED 9.2 billion (US$ 2.5 billion), an 11 percent increase compared to Q1 2022
If Musk follows through on the announcement, he will be belatedly fulfilling the promise he made to honor the results...Twitter users in December voted to oust owner Musk as CEO in an unscientific poll he organized and promised to honor, just weeks after he took charge of the Twitter
NBCUniversal head of global advertising and partnerships, Linda Yaccarino, was a potential candidate for the Twitter chief job, according to a Wall Street Journal report
- ABU DHABI, UAE - Masdar has signed an agreement with the International Renewable Energy Agency (IRENA) to cooperate on a...
The main objective of the project is to establish a global baseline for renewable energy.
The project will also highlight the challenges faced by different regions in meeting their renewable energy ambitions.
