New York, United States - Boeing has suspended flight testing of its new 777X wide-body jet after identifying the failure of...
- The volume of bilateral trade between the Sultanate of Oman and the People’s Republic of China has increased 8% in...
The Partnership for Accelerating Clean Energy will see the two countries develop, finance and deploy clean projects in the US,...UAE Special Envoy for Climate Change Dr. Sultan Al Jaber and Special Presidential Coordinator Amos Hochstein signed the partnership at ADIPEC.
They will accelerate investment in fossil fuel emissions mitigation; further develop CCUS technologies and advance methane measurement and management.
The Abu Dhabi Exports Office (ADEX), the export-financing arm of Abu Dhabi Fund for Development (ADFD), has signed a US$10...The agreement between ADEX and NBI aims to boost economic cooperation between the UAE and Iraq.
The pact adds momentum to ADEX’s effort to contribute to the economies of both countries and support the UAE’s strategy on economic diversification.
After changing his Twitter bio to "Chief Twit," Musk reportedly worked over the weekend with software engineers from Tesla to...Musk's team has reportedly been attempting to monetize Twitter's identity verification feature, which gives certain users a prized blue check mark
According to another Twitter document filed with the SEC, Saudi Prince Al-Waleed Bin Talal has become the site's second-largest shareholder
Riyadh, Saudi Arabia—Saudi Arabia has issued permits for non-oil industrial projects worth $1.1 billion in August. The licenses issued in...The licenses issued in August were for chemicals, metals, machinery, furniture, home appliances and other light-medium products
While 85 percent of the projects issued with permits were owned by locals, the remaining 15 percent were owned by foreigners or as joint ventures
The net profit for the first nine months of 2022 was $104m.Revenues for the first nine months of 2022 rose to AED7.12 billion, while the revenues rose 29 percent to AED2.51 billion in the third quarter.
The Group's Q3 2022 EBITDA gained 224 percent year-on-year (YoY) to AED269 million. The Group reported EBITDA of AED863 million.
- BP, flush with cash, revealed a $2.5 billion share buyback.
Profits were weaker than the second quarter due to a dip in oil prices.
BP is meanwhile seeking to pivot towards cleaner energy and away from fossil fuels.
The partnership will support tech-driven economic growth in the Kingdom by promoting cutting-edge emerging technologies.The partnership will support tech-driven economic growth in the Kingdom by promoting cutting-edge emerging technologies
New York-based IBM has worked with the energy industry since 1947, when the first computer was installed in Aramco
- It posted $863.17m in revenues for the first nine months of 2022.
Mobile service revenues continued their recovery increasing by 10.7% to $393 million while equipment sales generated revenues of $48 million
Fixed services revenues soared 22.2% to $243 million, buoyed by the continued strong performance of the consumer segment
- The third quarters profits were boosted by higher oil prices.
Its net income totalled $42.4 billion, up from $30.4 billion during the same period last year
The company's CEO Amin Nasser touted the firm's "strong earnings and record free cash flow" of $45 billion, up from $28.7 billion at this time last year
Tokyo, Japan— Toyota kept its annual net profit forecast unchanged on Tuesday, as the weaker yen offsets supply-chain disruptions that have...The automaker said it now expects to sell half a million fewer vehicles in the current financial year because of the global chip shortage and other problems
The country's exporters have reaped the benefits of a cheaper yen, which has lost more than 20 percent of its value against the dollar this year
