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Business, Energy

SIB H1 net profit $189m

The bank's total assets increased by $1.49 billion.

TSMC’s H1 revenue up 40 percent

Robust demand for AI technology behind the surge.

‘Wadeem’ sold out for $1.49bn

This is the highest Abu Dhabi real-estate release to date.

Tesla Q2 sales down 13.5%

Shares rally after the disclosure, better than some forecasts.

TomTom cuts 300 jobs

The firm said it was realigning its organization as it embraces AI.

Syria to host the Arab Energy Conference in 2024

The meeting of the Council of Ministers of the Organization of Arab Petroleum Exporting Countries (OAPEC), was held on Thursday via video.
By TRENDS Desk
December 10, 2021 12:01 pm
  • The meeting of the Council of Ministers of the Organization of Arab Petroleum Exporting Countries (OAPEC), was held on Thursday via video
  • The ministers agreed that Syria would head the Council of Ministers of OAPEC as of January 2022 until January 2023

The meeting of the Council of Ministers of the Organization of Arab Petroleum Exporting Countries (OAPEC), which was held on Thursday via video, concluded its activities with member states approving that Damascus would host the Arab Energy Conference in 2024.

The Ministers of Energy and Petroleum, including Minister of Petroleum and Mineral Resources, Bassam Tohme, agreed that Syria would head the Council of Ministers of OAPEC as of January 2022 until January 2023.

The 107th meeting of the OAPEC Council of Ministers was held on Thursday to discuss the organization’s estimated budget for 2022.

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