Paris, France -- French group Hermes overtook LVMH as the world's most valuable luxury company on Tuesday after shares in...
Ireland's data protection watchdog, acting on behalf of the European Union, launched an inquiry Friday into the use of personal...
Amman, Jordan - The Baynouna Solar Energy Company (BSCE), a joint venture between the UAE’s world-leading renewable energy company, Masdar,...The Baynouna Solar Park produces over 560 gigawatt-hours (GWh) of energy annually – enough to power 160,000 homes
The plant also displaces 360,000 tons of carbon dioxide per year, equivalent to taking nearly 80,000 cars off the road.
ABU DHABI, UAE - Minister of State for Financial Affairs Mohamed Hadi Al Hussaini headed the UAE delegation participating in...Held for the first time under the Indian presidency in Bengaluru, the meeting discussed the progress under the G20 priorities for 2023.
The UAE team reiterated the importance of a globally coordinated multilateral action to promote climate finance.
It will also close down several units in Ludwigshafen.BASF, in 2022, confirmed a net loss of 627 million euros, less than the figure of 1.4 billion euros initially announced in January
The company had warned that reduced gas flows from Russia and high prices would force it to idle parts of its production
Beijing, China--China's international trade in services stood at 459.5 billion yuan, or US$ 67.6 billion, in January, official data showed...Services exports totalled $25.44 billion last month, and services imports were at $40.50 billion, resulting in a trade deficit of $15.50 billion
Transport was the biggest services trade contributor, with a $21 billion trade volume, the data showed
Abu Dhabi, UAE--The Emirates Defence Companies Council (EDCC) and the Canadian Business Council (CBC) in Abu Dhabi signed a Memorandum...The MoU was signed today at Tawazun Council Chalet in IDEX and NAVDEX 2023, currently held in Abu Dhabi
The agreement is expected to foster collaboration and identify new opportunities in the defence industry
A set of protective features employs the most innovative computing in the spatial awareness field to provide drivers with the...A set of protective features employs the most innovative computing in the spatial awareness field to provide drivers with the opportunity to safeguard their experience
A combination of cameras, radars, and sonar technologies ensures car operators remain vigilant throughout the drive and assist swiftly as soon as danger is detected
DUBAI, UAE - Dubai Chamber of Commerce organized a Corporate Tax Workshop to help participants navigate the new regime, with...The workshop, attended by 152 participants, included an overview and key highlights of the new corporate tax law.
Corporate tax is a significant step in the UAE’s drive to modernize its tax system and accelerate economic diversification.
MTS Bank, approved for its licence last year, was one of more than 200 entities and individuals targeted by the...The UAE, particularly its financial hub Dubai, has attracted large numbers of Russian professionals and businesspeople fleeing the impact of Western sanctions.
Russian air passenger traffic to Dubai more than doubled last year to 1.9 million, Dubai Airports CEO Paul Griffiths told AFP this week.
Abu Dhabi, United Arab Emirates: Abu Dhabi-based clean energy company Masdar has entered the geothermal energy sector by making an...The investment marks Masdar’s entry into Indonesia, the world's second-largest geothermal market after the US.
Indonesia has a goal of increasing its installed geothermal capacity from 2.8 gigawatts (GW) in 2022 to 6.2 GW by 2030.
Most of the layoffs would be implemented in H1 2023.Ericsson, which had a total of 105,000 employees at the end of 2022, last month posted disappointing full-year 2022 earnings.
Ericsson said 1,400 of the job cuts were in Sweden, which had already been announced earlier this week.
