Saudi Aramco, the world's largest producer of oil, "is exploring a number of ways to potentially optimize transport efficiency, from...
Paris, France -- If "Andor" -- which returns from Tuesday for its second and final season -- has been received...
Dubai, UAE -- Saudi ports handled 7.76 percent more containers in Feb 2023, compared to the same period last year,...Saudi ports received 100,903 passengers, an increase of 61.16 percent over the corresponding month in 2022, which recorded 62,611 passengers.
Incoming containers increased by 5.95 percent to reach 193,937 containers compared to 183,051 containers in Feb 2022.
There is chaos in the crypto market and the dust rises with an episode of failure, but failures must not...Dubai not only inspires the world to embrace new financial instruments, but it has been a hub for digital financial products, says Tapscott.
Banks need to work hard to find ways to avoid intermediation. but we intermediate to create new value in the middle, he adds.
Dubai, UAE -- The Middle East fragrances market is expected to reach $4.41 billion in 2027, from $2.85 billion in 2019,...Online sales market is expected to expand in the near future due to rapid growth in online and mobile user customer bases in emerging markets.
Over the past couple of years, however, the traditional mass market fragrance business has witnessed a decline in its sales as customers seek more upmarket brands.
Vienna, Austria -- The OPEC Fund for International Development (OFID) will provide a $40 million loan to Vietnam Maritime Commercial...The loan will support at least 80 local businesses, providing financing to meet critical needs to grow their businesses.
Vietnam has more than 500,000 private firms, and more than 95 percent of these are micro and small enterprises,
Treasury Secretary Janet Yellen said the government wants to avoid financial "contagion" from the SVB implosion, as it ruled out...Joe Biden vowed to hold accountable the people responsible for SVB collapse and said he would deliver remarks Monday on maintaining a resilient banking system
In a joint statement, financial agencies including US Treasury said SVB depositors would have access to "all of their money" starting Monday, March 13
In a rescue deal, it bought SVB for a nominal price of $1.2.Jeremy Hunt, finance minister, disclosed that no government cash was involved and all customer deposits have been safeguarded
HSBC chief executive Noel Quinn said that the buyout made "excellent strategic sense for our business in the UK"
Shares in ADNOC Gas were heavily oversubscribed even after the offering was expanded from 4.0 to 5.0 percent of issued...Shares in ADNOC Gas were heavily oversubscribed even after the offering was expanded from 4.0 to 5.0 percent of issued share capital in response to strong interest
The final price was set at 2.37 dirhams ($0.65) per share, towards the top of its range, raising about $2.5 billion and implying a market capitalization of around $50 billion
- Signature Bank was reeling from a bet on crypto banking that foundered after the sector imploded and banking regulators cracked...
Signature Bank's collapse is the third in under a week after Silvergate Bank's voluntary liquidation and Silicon Valley Bank's shutdown
The closure of the bank comes months after Signature said it would be reducing its exposure to the crypto sector
MANAMA, BAHRAIN - Speaker of the UAE Federal National Council Saqr Ghobash discussed ways to enhance cooperation with First Deputy...UAE, Ukraine discuss parliamentary cooperation through exchanging visits and enhancing coordination.
The two sides deliberated on improving trade and economic ties between the two countries.
- The price drop is seen as a direct response to cuts by Tesla.
Volkswagen will start selling its ID.3 electric car model from March end for less than $42,000.
That is a 3,000-euro markdown from the current ID.3 price tag, putting it on par with US rival Tesla's popular Model Y.
