- Russia's war in Ukraine has caused turmoil in European energy markets, especially in Germany, which is heavily dependent on Russian...
Uniper on Wednesday reported heavy first-half losses which it blamed on Russia squeezing gas deliveries in the wake of the Ukraine war.
The German government agreed in late July to take some 30-percent stake in Uniper, which was threatened with bankruptcy as a result of the crisis
- The Fund purchased 1.8 million shares of Microsoft, 4.7 million class A shares of Zoom, and 213,000 class A shares...
The Fund purchased 1.8 million shares of Microsoft, 4.7 million class A shares of Zoom, and 213,000 class A shares of Alphabet
It also acquired shares in JPMorgan and BlackRock, buying 3.9 million shares and 741,693 shares respectively
- Bassam al-Sheikh Hussein held bank staff hostage in Beirut last week to demand access to his trapped savings. After a...
A judicial official said that Hussein has since been released but still faces possible charges by the state
The state media reported that he took the drastic action to access his savings so he could pay for surgery for his father
- ACWA Power Company will join hands with Uzbekistan in order to enter into a $2.4 billion deal for a 1,500-megawatt...
It will be the biggest onshore wind project in the region and will contribute 19 percent to Uzbekistan’s overall renewable energy goals
The plant once completed will power 1.65 million households and offset 2.4 million tons of carbon emissions per year.
- The world's richest man has a habit of posting provocative statements on Twitter for fun and Musk was at it...
Musk, who recently sold nearly $7 billion worth of Tesla shares, is in a major legal battle in the US state of Delaware over his aborted plan to buy Twitter
Manchester United, one of the biggest clubs in world football but suffering a prolonged slump, are owned by the Glazer family
- The healthcare company saw its profit vault to $40m in H1.
The company's stock however posted a 1.9 percent drop in early Tuesday trading, but then rebounded to close 0.9 percent higher at SR118
The uptick in revenues came on the back of continued growth in operations and higher hospital admissions during the six-month period
- The partnership aims to achieve the highest levels of service excellence at all terminals and facilities of Abu Dhabi Airports.
The agreement stems from Abu Dhabi Airports and ICP’s keenness to adopt best practices in areas of security, safety and air transport
Shareef Hashim Al Hashmi, CEO of Abu Dhabi Airports, said the collaboration is intended to enhance passenger experience at Abu Dhabi airports
- For decades, the emirate has been a global player with a plethora of capital, talent, corporate tax incentives and ground-breaking...
For decades, the emirate has been a global player with a plethora of capital, talent, zero corporate tax and ground-breaking technologies, says the latest BCG report
Dubai's unfettered access to global consumer markets makes business activities such as innovation, hospitality, logistics and tourism easier to perform than anywhere else





















