Acquires a 24.1% interest in US firm Kimmeridge’s SoTex
A steady stream of development projects and year-round tourism in the country propel demand for tech-enabled facilities management, says Adnan...
ABU DHABI, UAE - The UAE and India share solid relations, said the Abu Dhabi Chamber of Commerce and Industry...The Indian delegation was headed by the Assistant Secretary-General of the Federation of Indian Chambers of Commerce & Industry.
The delegation included representatives of over 30 private companies across a wide range of industries.
Launched by Saudi Crown Prince Mohammad bin Salman, the New Murabba project will offer more than 25 million sqm of...The project will offer a unique living, working and entertainment experience within a 15-minute walking radius and will have its own internal transport system.
Mukaab, a tech landmark, will be one of the largest built structures in the world, standing 400m high, 400m wide, and 400m long.
The DXB achieved the highest growth rate among the top 10 airports in the number of international passengers worldwide, according...The DXB achieved the highest growth rate among the top 10 airports in the number of international passengers worldwide, according to OAG Aviation company
The latest data shows that the number of airports served by the DXB has increased by 113 percent and has returned to its pre-pandemic levels
The company's net profit in 2022 jumped to $278 million.The earnings per share (EPS) amounted to QR 0.89 versus EPS QR 0.64 for the same period in 2021
The board of directors decided to recommend to the general assembly to distribute a 35% cash dividend of the par value of a share, equivalent to QR 0.35 per share
Driven by new projects, its sales in 2022 touch $9.5bn.EBITDA and net profit for 2022 increased by 18 percent and 80 percent, respectively, to AED 9.8 billion (US$ 2.7 billion) and AED 6.8 billion (US$ 1.9 billion) compared to 2021
It reported revenue of AED 24.9 billion (US$ 6.8 billion) in 2022, supported by the continuous strengthening of the Dubai real estate market and growth
The launch of Aramco Digital follows months after the energy company announced preliminary plans for a strategic collaboration with the...The company's journey toward comprehensive digitization began in 2017 when it announced the launch of the Digital Transformation Program
The launch of Aramco Digital during the seventh edition of IKTVA marks a new and significant stage in digital transformation of Saudi Arabia's energy sector
Abu Dhabi, UAE-- ADNOC and RWE Aktiengesellschaft (RWE) Wednesday announced the successful delivery of the first shipment of Liquefied Natural...The shipment of 137,000 cubic meters of LNG is the commissioning cargo for the new floating LNG terminal in Brunsbüttel in Germany.
The cargo is sufficient to produce approximately 900 million kilowatt hours of electricity, enough to supply approximately a quarter million German homes for a year.
Demand is expected to reach 101.9 million barrels per day on average in 2023, an increase of two million barrels...The Asia-Pacific region accounts for most of the increase in demand, with China alone accounting for nearly half of the expected 2023 growth after it lifted its zero-Covid policy.
China's reopening is also expected to boost air travel, which has yet to recover to pre-pandemic levels, driving demand for jet fuel up by 1.1 million barrels per day.
Riyadh, Saudi Arabia-- The General Authority of Civil Aviation (GACA) has signed an agreement with the British Civil Aviation Authority...The agreement will help GACA keep up to date with the constant developments in the aviation sector, including issues related to safety.
The agreement shows GACA’s keenness to ensure the transfer of knowledge and train national professionals in the field, SPA reported.
- Musk paid $44 billion for his favorite social media platform and exiting day-to-day operations would allow him to deflect criticism...
Since Musk took full ownership of Twitter on October 27, the platform has been riven by chaos, with mass layoffs, the return of banned accounts and the suspension of journalists
Musk's takeover also saw a surge in racist or hateful tweets, drawing scrutiny from regulators and chasing away big advertisers, Twitter's primary source of revenue
