According to World Bank Group President Ajay Banga, “The new Knowledge Hub being created by the World Bank Group and...
Boeing CEO Ortberg told workers a trade war with China would weigh heavily on Boeing. The meeting came about two...
ABU DHABI, UAE - As part of its participation in the first edition of the Abu Dhabi International Food Exhibition...The MoUs are a part of the chamber’s efforts to drive economic growth in Abu Dhabi and support investment in vital sectors.
As part of its efforts to support start-ups and SMEs, the Abu Dhabi Chamber signed a partnership agreement with the Emirates Development Bank.
Dubai, UAE--- Dubai real estate market recorded deals worth AED1.7 billion ($462 million) on Thursday, according to Dubai Land Department....The deals included 617 sales transactions worth AED1.45 billion, in addition to 85 mortgage deals of AED257.35 million, and 19 gift deals amounting to AED34.64 million.
The sales included 532 villas and apartments worth AED1.11 billion, and 85 land plots worth AED338.47 million.
ALMATY, KAZAKHSTAN - Kazakhstan threatened Thursday to ban global steel giant ArcelorMittal from operating in the Central Asian country after...ArcellorMittal, the world's second largest steel producer, operates a dozen factories and mines in this polluted industrial Kazakh region.
Kazakhstan has in the past imposed fines on ArcelorMittal for non-compliance with ecological standards.
GENEVA, SWITZERLAND - Member states of the World Health Organisation (WHO) Thursday agreed to develop the first draft of a...This zero draft of the pandemic accord, rooted in the WHO Constitution, will be discussed by member states in February 2023.
The agreement by the Intergovernmental Negotiating Body, comprising WHO’s 194 member states, was a milestone in the global process to learn from the COVID-19 pandemic.
Analysts note that conditions in the oil market have loosened compared with earlier in the year, adding to oversupply worries...WTI futures for delivery in January ended the day at $72.01 a barrel after US Energy Information Administration data showed a jump in gasoline stockpiles
WTI also closed at a 2022 low on Monday, while international benchmark Brent slipped to a level not seen since January
- According to Bloomberg's ranking, calculated after US markets closed on Tuesday, had Musk in the lead at $178.9 billion, followed...
Musk's fortune is primarily tied to the share price of Tesla, and the entrepreneur has been at the Centre of controversy after the Twitter takeover
Indian businessman Gautam Adani was in third place at $134.8 billion, with Amazon founder Jeff Bezos fourth at $111.3 billion
The legal salvo came as problems are mounting for TikTok in the United States, with multiple accusations that the extremely...US sued TikTok for allegedly deceiving customers into believing that "reams of highly sensitive data and personal information" were protected from China
TikTok is facing a growing front of opposition in the United States, with several states and the US military banning its use on government devices
- The Abu Dhabi Exports Office (ADEX) has signed an agreement with Togo’s Ministry of Economy and Finance to raise the...
The Abu Dhabi Exports Office will provide a loan of US$25 million, while the Emirati company EMEA Power will undertake the construction and operation of the new complex
In 2021, Abu Dhabi Fund for Development financed the first phase of Mohamed bin Zayed Solar Energy Complex at a value of $15 million
Pentagon announced Wednesday it has awarded $9 billion in cloud computing contracts to Amazon, Google, Microsoft and Oracle.Commander Jessica McNulty, Defense Department spokesperson, told AFP that JWCC is "composed of four contracts with a shared ceiling of $9 billion
In 2019, Microsoft won the contract, sparking a challenge by Amazon on grounds that vengeful politics by then-president Donald Trump may have improperly influenced the outcome
Geneva, Switzerland— The International Air Transport Association (IATA) has upgraded its outlook for the airline industry’s 2022 financial performance as...It expects Industry losses to reduce to -$9.7 billion (improved from the October 2021 forecast for an $11.6 billion loss) for a net loss margin of -1.2%
Despite economic challenges, it expects cargo volumes to set a record high of 68.4 million tonnes in 2022
