Project Kuiper, a subsidiary of the online retail giant founded by Jeff Bezos, is playing catch-up with Starlink - SpaceX's...
The Group reported a revenue of $5.12 billion.
London, United Kingdom - Britain on Thursday warned against the threat of protectionism as it slammed the United States for leading...UK Finance Minister Jeremy Snape said the threat of protectionism is making a comeback in the world in the form of subsidy.
US President Biden has launched $370bn initiative of subsidies for green energy and tax cuts for US manufactured e-cars, batteries.
Petrofact and Hitachi Energy secured a $14.1bn energy deal.European electricity grid operator TenneT awarded the pair multi-year projects to expand offshore wind capacity in the Dutch-German North Sea.
Shares in Petrofac soared 58% to 77.5 pence after the group's outgoing CEO Sami Iskander said the deal would "deliver affordable clean energy for millions of European homes".
Abu Dhabi, UAE - The AD Ports Group has launched a new weekly shipping service that facilitates commercial and logistic...Through the new service, AD Ports aims to enhance commercial and logistic connectivity with Qatar and Kuwait.
AD Ports Group would provide customers with a digital appointment booking system for the new service through the Advanced Trade and Logistics Platform (ATLP).
- Dubai, UAE -- Saudi Arabia's unemployment rate dropped in the fourth quarter of 2022, compared to the previous quarter, mainly...
Legislation and Emiratization programs, job support and follow-up of establishments from all relevant government agencies has led to this rate of unemployment.
GASTAT said Saudi women's unemployment rate decreased from 20.5 percent in the third quarter of 2022 to 15.4 percent in the fourth quarter.
The company's profit more than doubled in the first quarter.Shares in H&M surged following the announcement, rising 9% in the early hours of trading on the Stockholm stock exchange
The world's second largest clothing retailer posted a net profit of 540 million kronor ($51.9 million) for its first quarter
Abu Dhabi, UAE - Aldar Properties and Mubadala Investment Company have signed an agreement to develop commercial assets in Al...The addition of the new tower will bring Aldar Investment’s total net leasable area of commercial office space to over 400,000 sqm
Aldar’s active asset management and the increased leasing activity, office leasing occupancy of the four ADGM office towers have reached 96%
The amount makes 42.5% of the company's paid-up capital.The dividends are approved for the second half of the year 2022, and are set to be paid to shareholders in April
The company expects to pay a minimum dividend $231 million per annum in the first two fiscal years following its DFM listing
Warsaw, Poland - Poland's prime minister on Wednesday appealed to Brussels to limit the amount of Ukrainian grain entering the European...Ukraine, one of the world's largest grain exporters, saw its traditional Black Sea export routes blocked or limited by Russia's invasion.
The European Union has since allowed the war-torn country's grain exports to transit through the bloc to other countries.
- The Senate report "describes legacy issues, some from a decade ago," which the bank has sought to address by implementing extensive...
The findings of the two-year Senate Finance Committee probe add to the woes of the Swiss investment bank.
Credit Suisse pleaded guilty in 2014 to attempting to aid and assist US taxpayers in filing false income tax returns.
The tie-up would lead to the creation of a $10 billion plus group.The satellite communications sector has been seeking to consolidate in the wake of the arrival on the scene of billionaire players Elon Musk and Jeff Bezos.
The sector is now notably awaiting the upcoming merger of France's Eutelsat with UK counterpart OneWeb, as well as that of US provider Viasat.
