Its sales in China slumped 35% from April to December.
Riyadh, Saudi Arabia - About 61 purchase contracts totaling approximately SR26 billion ($6.93 billion) were signed at the second World...
ADDED has directed commercial and industrial facilities in the Emirate to license warehouses of hazardous materials away from their headquarters...ADDED has directed commercial and industrial facilities in the Emirate to license warehouses of hazardous materials away from their headquarters
Special requirements, in line with criteria and stipulations of regulatory government entities were introduced
Prince Abdulaziz bin Salman, Saudi energy minister, has remarked that the OPEC+ group is independent and against any external interference...Prince Abdulaziz pointed out that the OPEC+ policy has succeeded in providing the oil market with the supplies it needs at all times
Its decisions have come against a backdrop of pressure from countries such as the US, which want oil production drastically increased to tackle rising prices
Singapore's United Overseas Bank will buy the franchisesThe total price of the Singapore's United Overseas Bank acquisition is Sg$4.9 billion ($3.6 billion).
As part of the deal, around 5,000 Citi employees are expected to transfer to UOB, the lenders said.
A total of 18,068 transfers were registered, against 17,190 in 2020, a rise of 5 percent. The top 10 transfers...Spending on transfer fees was $4.86 billion, down 13.6 percent from 2020 and 33.8 percent from the record levels of 2019
Players from France accounted for the highest amount of spending, with $643 million, displacing Brazil from the top spot
It has also has assigned the Qatari bank an A2 rating.Moody's said the rating reflects the bank’s position as one of Qatar's leading Islamic financial institutions
It added that the financial institution has solid asset quality, profitability, liquidity, and capitalization
Block is building a system to mine bitcoin.Block changed its name from Square late last year to denote a broader mission that includes blockchain and economic empowerment
Hardware and software teams at Block will openly collaborate with the cryptocurrency community outside the San Francisco-based company
GCC Secretary-General Naif Falah Al-Hajraf and Chinese State Advisor and Minister of Foreign Affairs, Wang Yi, also agreed on a...In a joint statement, the Chinese side is said to have praised the GCC’s achievements since its inception 40 years ago
The two sides concurred on the completing negotiations on the free trade agreement between the GCC and China as soon as possible
- The region’s coffee market growing rapidly creates new business opportunities, says Ali Al-Ebrahim, founder and CEO of COFE.
Coffee consumption in MENA has experienced a massive shift, with sales growing at twice the global average
Coffee has been at the heart of Middle Eastern culture for centuries
Researchers in the United States, who estimated the current cost at $2.1 trillion every year, said the effects of stifling...The researchers looked at data on humid heat — particularly dangerous because the body is less able to cool down by sweating
The study, published in the journal Environmental Research Letters, said around 677 billion work hours are lost a year to humid heat
- DEWA-SAT 1 was launched on a SpaceX Falcon 9 rocket.
DEWA-SAT 1 was launched on a SpaceX Falcon 9 rocket from the Cape Canaveral Space Launch Complex (SLC-40) in Florida in the US
The launch made DEWA the world’s first utility to use nanosatellites to improve the maintenance and planning of electricity and water networks
