The GCC is at a critical juncture, facing the dual challenge of embracing blockchain innovation while combating crypto crime, says...
Its shareholders will own 60% of the combined company.
The Arab oil and gas producers are likely to close the gap that could arise from the disruption of oil...The Arab oil and gas producers are likely to close the gap that could arise from the disruption of oil flows from Russia, according to the Institute of International Finance
The brent oil prices surged to US$100 per barrel for the first time in eight years after Russia attacked Ukraine
UAE’s biggest telecom operator Etisalat will now be called as e& after its rebranding on Wednesday, which was launched by...The rebranding was launched by Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs.
Abu-Dhabi based Etisalat was founded in 1976 and it has operations in the MENA region and Asia, serving more than 156 million customers.
- GASTAT data said the value of exports amounted to SAR106.3 billion ($28.35 billion) in December 2021.
The total value of exports amounted to SAR106.3 billion ($28.35 billion) in December 2021
This was up from the SAR65.3 billion ($17.41 billion) that Saudi Arabia had in December 2020
Deals worth more than AED2 billion ($544 million) were made by UAE’s Ministry of Defense during the fifth edition of...This was the largest edition of this event in terms of exhibition area and exhibitors, with 134 exhibitors from 26 countries from around the world.
The Ministry of Defense’s deals on the third and final day of UMEX & SimTEX 2022 included deals with local companies valued at AED 51 million.
Mercedes saw the key measure rise 19.2 bn euros.Mercedes, which changed its name from Daimler at the beginning of the month, saw the key measure rise $21.6 bn
The group's net profit increased almost six-fold to 23.4 billion euros from four billion euros in 2020
Aluminum has beaten the previous peak in price hike of $3,380.15, reached in July 2008.The lightweight metal price has been increased as high as $3,382.50 per tone
Analyst Daniel Briesemann said that the rise in price of the metal was expected
- The ruble-dominated Moex index opened down 13.97 percent, while the dollar-dominated RTS was down 20.16 percent.
The central bank measures are intended to provide ‘additional liquidity to the banking sector’ in Russia
This, as Western sanctions loom after the military operation announced by Vladimir Putin against Ukraine
- Qatar and Saudi Arabia host American troops, but their economic and political relations with Russia have grown over the years.
Russian gas accounts for about 40 percent of the European market, leaving it highly exposed to supply disruptions due to the conflict
A similar logic applies to the 2.3 million barrels of Russian crude that heads west each day through a network of pipelines
The metaverse is a 3D virtual world where people will be able to interact using sensors, head gear and other...The metaverse is a 3D virtual world where people will be able to interact using sensors, head gear and other gadgets
Formidable rivals such as Apple, Google and Microsoft seem poised to compete with Meta on the new virtual terrain
- Debt dropped to $47.62 billion in 2021 from $63.17 billion in 2020.
Net profit for the final quarter last year came in at $5.64 billion, bringing 2021's total to $19.88 billion
Petrobras said this was a stark contrast to 2020's total of just over $1 billion due to effects of the pandemic
