The Group's EBITDA increased by 69 percent YOY.
Doha, Qatar -- Qatar's general Producer Price Index (PPI) for the industrial sector for February recorded 114.01 points, showing stability...
Ismailia, Egypt--A ship on Wednesday became stuck in Egypt's Suez Canal but traffic through the vital waterway was unaffected, a source...Connecting the Red Sea and the Mediterranean, the Suez Canal accounts for roughly 10 percent of global maritime trade and the majority of oil transported by sea.
In recent months, two vessels briefly ran aground in the canal, sparking fears of a repeat of a 2021 incident when container ship Ever Given became diagonally wedged in the canal.
The majority of the EU's response involves repackaging already existing funds, a stop-gap measure that has earned much criticism. German...The measures are a response to a landmark US spending bill last year that funnels $370 billion into subsidies for America's energy transition.
While countries like France support state aid expansion, others argue that would help only richer member states and fragment the single market.
Dubai, UAE– Dubai witnessed a 5.5 percent increase in energy demand in 2002, from 50,402 GWh to 53,180 GWh, said...DEWA provides electricity and water services to 3.514 million people living in Dubai and the Emirate’s active daytime population of over 4.7 million.
These numbers are expected to grow to 5.8 million and 7.8 million, respectively by 2040.
Geneva, Switzerland---Eight humanoid robots will be the star attractions when the United Nations hosts its first summit since the start of...The AI for Good Global Summit, first held in 2017, will return to Geneva on July 6 and 7 after a three-year Covid-imposed break.
The event will aim to showcase how artificial intelligence and other new technologies can help reach the UN's so-called sustainable development goals.f
- SHARJAH, UAE -- Arada announced on Tuesday that it has completed the first set of homes in East Village as...
Under the project, which features 2,000 units, , a total of 1,621 apartments have been finished across 14 buildings
Each apartment block has communal areas, with additional space set aside for local facilities, including small shops and cafes
Paris, France-- The electrification of the auto industry is gathering pace, particularly in Europe, where the sale of new cars running...US is giving its electric car industry a major boost with the passage of a $370 billion green energy bill that includes tax cuts for US-made electric cars and batteries
Tesla has announced price cuts on electric cars of up to 20 percent in Europe and the United States in early January, quickly followed by a similar move from Ford
- The oil company's profits during Q4 stood at $12.8bn.
Profits rose 43.7 percent to $12.8 billion in the fourth quarter, thanks to higher oil and natural gas prices and better refining margins compared with the year-ago period.
The company's revenues from October through December rose 12.3 percent to $95.4 billion
Dubai, UAE--The Marine Agency for Wooden Dhows has facilitated the entry of more than 10,500 wooden dhows during 2022, reflecting...The wooden dhows ferried 1.7 million metric tonnes of merchandise from countries across the MENA region and beyond
The Marine Agency is aiming to boost trade with neighbouring countries further and contribute to the objectives of the Dubai Economic Agenda D33
The company reported a profit of $67.25m for the last fiscal.Its net revenue increased 33 percent to $1.09 billion, with growth of 97 percent on a two-year basis
The company's total assets stood at $1.85 billion by end-2022, with total shareholders’ equity of $762 million
The ADIO, during the event, announced its support for three innovative global companies -- Ubisoft, Insilico Medicine and the Applied...
