Tokyo, Japan -- Bitcoin reached a new record high on Sunday, rising above the $125,000 mark. The cryptocurrency reached $125,689,...
The hospitality industry sits at the crossroads of experience and responsibility. As utilities, energy, and resource costs rise, and as...
ABU DHABI, UAE – Abu Dhabi National Energy Company (TAQA), together with JERA Co., Inc on Thursday announced that they...They will develop a greenfield industrial steam and electricity cogeneration plant for Amiral petrochemical complex.
The Amiral petrochemical complex is expected to house one of the largest mixed-load steam crackers in the Arab Gulf region.
AMMAN, JORDAN – Rising remittances from the Kingdom’s citizens working abroad has contributed to increasing demand for Jordanian dinar. Exchange...There are positive indicators suggesting a stabilization in Jordan’s economy.
Presently the currency exchange sector comprises 250 firms across Jordan.
The Swiss government pushed it to buy Credit Suisse last year.UBS had reported a $29 billion annual profit in February due to the difference between the value of the assets obtained in the Credit Suisse dea
In its annual results published on Thursday, UBS said the fair-value estimate has been adjusted by $1.2 billion, decreasing the "negative goodwill" to $27.7 billion
China's EV sector has grown rapidly in recent years.Xiaomi CEO Lei Jun has promised that the SU7 EV will be "the best-looking, best-driving and smartest car" costing under $69,200
Xiaomi is the world's third-biggest smartphone maker, and its experience in that sector has helped shape its EV strategy
- Speaking at the CERAWeek conference in Houston, Saudi Aramco Chief Executive Amin Nasser said that the current transition strategy is...
ExxonMobil Chief Executive said "we're not on the path" to reaching net zero emissions by 2050
In November last year, COP28 conference included a call for a transition away from fossil fuels
Abu Dhabi, UAE--The Abu Dhabi Chamber of Commerce and Industry has signed an agreement with the UAE International Investors Council...The two entities will ensure the growth of investments in the region and across the world to promote Abu Dhabi as an investment destination
They will work together to assess growth opportunities in strategic priority markets, provide consultations, and share studies and information
Riyadh, Saudi Arabia - Saudi Arabia is considering transferring ownership of its national carrier, Saudia, to the sovereign wealth fund,...Bloomberg initially reported the discussions regarding PIF's potential acquisition of Saudia
Currently, PIF already holds ownership of Riyadh Air, the kingdom's upcoming airline
Rohit Nanda, the new CFO, will take up his new job next month.Nanda before his new appointment was the head of Operations and head of Investment Structuring and Business Support, Asia, at Investcorp
He is a chartered accountant, holding a master's degree in science with a specialization in finance from the London School of Economics
As GenAI narrows cybersecurity skills gap, organizations will prioritize aptitude over specialized education, adapting hiring practices to meet demands of...As GenAI narrows cybersecurity skills gap, organizations will prioritize aptitude over specialized education, adapting hiring practices to meet demands of emerging technologies.
With malinformation costs set to exceed $500bn, businesses must invest in anti-malinformation programs and leverage chaos engineering to figh against evolving cyber threats.
Hong Kong, China - The yen plunged Wednesday to a 34-year low against the dollar after a top Bank of Japan...The fall raised speculation that authorities would step into markets to support the currency after officials warned in recent days against speculation
The weaker yen helped spur a rally in the Nikkei as exporters benefited, making the index the region's best performer
