ABB to pay US$315m fine
Two affiliates of ABB pleaded guilty to bribery charges.
Clean beauty sector grows, so are greenwashing risks
In a positive development, the cosmetic industry at large is becoming greener. Approaches, however, are not always uniform or holistic...
Business
Lebanon families ‘spend 5 times minimum wage’ on food
The Mediterranean country is battling what the World Bank has described as one of the planet's worst financial crises since...
Smart cards and robots: Saudi Arabia’s ‘digital hajj’
The digital system also allows the authorities to guide the tens of thousands who attend the annual event, which in...
Netflix turning to games as streaming growth slows
Analysts said the Netflix move is not aimed at disrupting the expanding gaming market but keeping its own viewers interested...
Saudi Arabia gets tougher on shadow economy
Following the introduction of an anti-concealment law early this year, Saudi Arabia has stepped up its efforts to crack down...
Turkey faces uproar by seeking shift on Cyprus
On a trip to the north of divided Nicosia on Tuesday, Turkish President Recep Tayyip Erdogan said there should be...
Powering Iraqi homes one switch at a time
Iran decided last month to cut power supplies to Iraq, saying the it owes it more than $6 billion in...
What’s in store for UAE as OPEC+ decides to increase oil output?
The UAE’s oil production limit fixed by the OPEC+ in 2018 is not a reflection of its full production capacity,...
UAE, Saudi leaders meet after rift over oil policy
Two key leaders of Saudi Arabia and the United Arab Emirates met in Riyadh on Monday, emphasizing the ties between...
Israeli spyware taps 50,000 phone numbers worldwide
An Israeli firm accused of supplying spyware to governments has been linked to a list of tens of thousands of...
ADCB’s H1 net profit surges 76% to AED 2.524 billion
Abu Dhabi Commercial Bank has reported  a 76 per cent jump in first-half net profit to AED2.524 billion on the...
ABB to pay US$315m fine
Two affiliates of ABB pleaded guilty to bribery charges.
Company News
Drugs seized at Dammam airport
Investigation
GCC seeks to tap green hydrogen demand
Investigation
Saudi customs seize drugs at port
Investigation
Latest News
GCC seeks to tap green hydrogen demand
The GCC countries see hydrogen as a key factor in fuel transition and have drawn up plans to export green...
Investigation
Saudi customs seize drugs at port
Alert officials of Saudi customs prevented an attempt to bring in contraband drugs into the kingdom at Jeddah Islamic Port,...
Investigation
Saudi British Bank posts $245m net profit in Q2, year after big losses
A year after posting billions in losses, Saudi British Bank (SABB), an affiliate of HSBC Holdings, has posted a sizeable...
Most Read
‘Potential hijack’ of ship off UAE coast: UK maritime security agency
The MarineTraffic website, which categorises the vessel as an asphalt and bitumen tanker, said it was travelling to Sohar, a...
Israel can ‘act alone’ against Iran after ship attack: Bennet
Bennett said Israel had shared intelligence with the United States, Britain and others also tying Iran to the attack.
UAE’s non-oil economy picks up in July, strongest in two years
Latest IHS Markit UAE PMI says firms hoped easing of COVID-19 restrictions and the Expo 2020 later this year would...