Price of natural gas in Europe falls to a 3-year low
LONDON, UK – The price of natural gas in Europe fell again on Friday, taking it to its lowest in almost...Business Economy Energy Geostrategy
Lloyds Group profit is $6.2bn
High interest rates benefitted the British lender and banking sector as a whole.Company News Business
Saudi Arabia, Jordan discuss ways to enhance maritime transport relations
A joint panel of the two countries discuss the mechanism to develop and modernize previous agreements related to maritime transport.The two countries review the latest developments in the maritime transport sector and ports
The Saudi-Jordanian Technical Committee for Maritime Transport is holding its third session in Aqaba
Iraq to France: Ready to supply European markets oil
Iraq's State Organization for Marketing of Oil (SOMO) has said it approached France about the possibility of Iraq's supplying the...About 60 percent of Russia's exports of crude oil go to the European continent, but in the shadow of Ukraine war, it will need new suppliers.
Italian Prime Minister Mario Draghi recently visited gas powerhouse Algeria as Rome steps up efforts to reduce its heavy reliance on Russian energy imports.
Dubai launches unified electronic platform for building permits
The Dubai Building Permit Development Committee has completed the unified electronic platform for building permits, which includes building permit services...The platform is set to provide distinguished services to consultancy offices and contracting companies, according to a statement.
The window includes building licensing services of Dubai Municipality and Dubai Development Authority among others.
UAE brings in new classification system for private sector
A new classification system for companies in the private sector came into force on Wednesday, according to the Ministry of...The new system depends on the extent of companies’ compliance with the law and Wage Protection System and workers’ rights protection
The classification offers incentives to companies that commit to the prescribed laws and policies on promoting cultural and demographic diversity
Disney+ releases a sneak peek at the content line up for MENA region
Disney+ has finally unveiled an extensive sneak peek at the line-up for the Middle East and North Africa (MENA).Disney+ has finally unveiled an extensive sneak peek at the line-up for the Middle East and North Africa (MENA)
Disney+ is the dedicated streaming home for movies and shows from Disney, Pixar, Marvel, Star Wars, and National Geographic, along with The Simpsons and much more
Are casinos a haven for money laundering?
Casinos often prefer to close their eyes to how clients finance their bets, allowing their tables to become conduits for...Martini said that casinos have been willing to turn a blind eye and not do extensive checks on their customers
She said that dirty money earned from illegal activities can be brought into casinos and no one asks any questions
Global chip shortage likely to last through 2023: US official
The global shortage of critical semiconductors is likely to last at least through next year and perhaps longer, US Commerce...Dozen of CEO's including chipmakers met with Gina Raimondo to discuss shortage and all agreed that ''possibly in early 2024 or before we'll see real relief''
US Commerce Secretary repeated her call for Congress to act to provide funding for legislation that aims to stimulate domestic manufacturing of the computer chips
UAE, Saudi Arabia set new halal economy goals for GCC
Beside halal food business, Islamic banking holds the largest share of the Sharia-compliant industry, says Nik Joharris Nik Ahmad, country...The expansion of the global halal industry has resulted in a steady increase in its market size from $3.2 trillion in 2014 to $5.6 trillion in 2021
Stringent regulatory norms, including mandatory halal labeling and certification rules for food and beverages, are propelling the market growth
Jordan’s oil expenditure up by nearly 50 percent in Q1 2022
Jordan's oil bill went up by 49.1 percent in Q1 2022, compared to the same period in 2021, the Department...The value of the oil bill in Q1 2022 increased to JD761 million compared to JD510 million in the same period of 2021.
Jordan’s crude oil import amounted to JD126 million, followed by gasoline with JD142 million and kerosene with JD9 million.
ADX lists GFH Financial Group
The listing is set to expand GFH’s investor base and boost its share liquidity.This is GFH’s fourth regional listing with its shares already listed and actively traded on the Bahrain Bourse, Boursa Kuwait and the Dubai Financial Market
The listing of GFH Financial Group on Abu Dhabi Securities Exchange brings the number of dual listings on the exchange to four
