The company said lower energy prices cut into its profits.
Dubai, UAE-- The food and beverage sector in Dubai has attracted new FDI worth $577 million from 2019 to 2023,...
From his shock detention to an audacious escape from Japan hidden in an audio-equipment box, the rollercoaster saga of former...Ghosn and his aide Kelly were arrested in Tokyo on suspicion of financial misconduct on November 19, 2018
He was granted bail before being arrested again in a dawn raid of his Tokyo apartment in April of 2019
E-commerce titan Amazon on Wednesday confirmed plans to close its bricks-and-mortar bookstores and pop-up shops in order to focus on...The Seattle-based company expected to close 66 real-world stores in the United States and two more in the United Kingdom.
Amazon acquired the Whole Foods Market grocery chain for $13.7 billion in 2017, significantly expanding the e-commerce giant's presence in physical retail.
- Abu Dhabi National Oil Company (ADNOC) has signed an agreement with Proman, one of the world's leading producers of methanol,...
The facility will meet growing domestic and international demand for this clean and versatile chemical commodity
Growth is expected to be driven by emerging economies in Africa and Asia, while methanol production in the UAE will support decreased reliance on imports
The UAE and Latvia have agreed on a six-track economic cooperation program covering trade and investment, innovation and advanced technology,...The program covers investment, innovation and advanced technology, transportation and logistics, agriculture, food, education and science.
An MoU between the Investment and Development Agency of Latvia (LIAA) and the SMEs Development Department at the UAE Ministry of Economy.
The company recorded 27 percent YOY rise in freight carried.In Q1, Etihad Cargo temporarily modified five Boeing 777 aircraft to support cabin-loaded cargo.
By mid-2021, Etihad Cargo had announced the recovery of more than 90 percent of its network compared to pre-COVID.
- The Kingdom's startup Red Sea Farms woos regional and global investors with a technology that grows crops without using freshwater...
The Kingdom's Red Sea Farms woos regional and global investors with a technology that grows crops without using freshwater in humidity-controlled greenhouses
The firm seeks to break the food water-energy nexus by leveraging saltwater, novel humidity control, and solar energy to lower costs and improve yields for farmers
The $32.13m contracts are aimed at development in Masaar.Work by both contractors is scheduled to be completed by end of April, in time for the opening of the Masaar Experience Center in June.
Masaar is AED8 billion($2.18b) forested megaproject located in the Suyoh district of Sharjah.
The Dubai World Dermatology and Laser Conference and Exhibition (Dubai Derma 2022) concluded its 21st edition on Wednesday, and registered...It focused on various developments related to cosmetic surgery, lasers, cosmetic dermatology and anti-ageing, among others.
The conference featured 326 scientific lectures, 79 workshops, and more than 90 scientific poster presentations.
The company has already paid $500m in quarterly dividends.The dividend payment will be in addition to the final payment of AED1.2 billion ($330 million).
AED1.9 billion ($500 million) (1.65 fils per share) have already been paid in quarterly dividends.
Kyiv has around 20 Bayraktar TB2 drones, built by the Turkish military. Relatively cheap and effective, President Recep Tayyip Erdogan...But while they have proved their worth in several recent conflicts -- from Syria to Libya to Nagorno-Karabakh -- the terrain this time is less favorable, experts say
The Ukrainian ambassador in Ankara has regularly tweeted images of explosions attributed to the drones, targeting Russian columns and artillery
