When both governments and international institutions are explicitly warning businesses about geopolitical risks, traditional corporate approaches to navigating international relations...
Abu Dhabi, UAE -- Renewables maintain their cost leadership in global power markets, IRENA’s new report on Renewable Power Generation...
Dubai, UAE--The UAE's real estate market has recorded a strong performance across all sectors in the first half of the...According to the CBRE report, the sector has benefitted from an expansion in the country's non-oil economy
The report added that industrial and logistics sector has seen relatively strong levels of activity during the period
New York, US - Wall Street stocks edged higher early Monday ahead of major economic reports and earnings releases later in...US equities have continued to trend higher in July behind hopes that the Federal Reserve will soon relent on interest rate hikes
The broad-based S&P 500 added 0.3 percent at 4,593.56, while the tech-rich Nasdaq Composite Index advanced 0.4 percent to 14,370.18.
Washington, US - A Federal Reserve official left open the possibility on Monday of pausing or stopping interest rate hikes at...To rein in surging costs of living, the Fed has lifted the benchmark lending rate rapidly since March 2022
While the full effect of policy will take time to ripple through the economy, inflation has cooled
RIYADH, SAUDI ARABIA - The real GDP of Saudi Arabia grew by 1.1 percent in the second quarter of 2023,...According to the report, seasonally adjusted real GDP decreased by 0.1 percent in Q2 of 2023 compared to Q1 of 2023.
GASTAT carries out all statistical work, as well as the technical oversight of the statistical sector in Saudi Arabia.
The announcement has angered environmental groups and comes amid an internal debate within the ruling Conservative party on green policies...."Investment in the North Sea will continue to unlock new projects, protect jobs, reduce emissions and boost UK energy independence," PM Rishi Sunak's office said.
"The government is taking steps to slow the rapid decline in domestic production of oil and gas, which will secure our domestic energy supply," it said.
ADNOC "is accelerating its decarbonization plan to advance its net-zero ambition to 2045, compared to its previous target of 2050,"...ADNOC said it has "reduced its greenhouse gas emissions" by about 5m tons in 2022, mostly through the use of solar and nuclear energy, to power all of its onshore operations.
ADNOC CEO Sultan Al Jaber, who will head up COP28, has argued that fossil fuels will continue to play a key role, and that carbon capture technologies will contain emissions.
A jump of 28 percent in net profit vis-a- -vis H1 2022.National Leasing Holding was established in 2003
It was listed on QSE in 2003 with a capital of $135.9 million.
Abu Dhabi, UAE--Abu Dhabi Future Energy Company (Masdar) and Citaglobal Berhad have signed a memorandum of understanding (MoU) for developing...The two companies will join hands to build projects across the renewable energy mix in the picturesque Malaysian state of Pahang
Masdar sees Southeast Asia as a key investment destination, where it has already built the region's biggest floating solar facility in Indonesia
- Lebanon's deeply divided political class has failed to agree on a replacement for Salameh, 73, creating another power vacuum in...
Salameh has for two years been the subject of judicial investigations at home and abroad into allegations including embezzlement and money laundering, charges which he denies
Lebanon's central bank chief Riad Salam is wanted in France and Germany, and Interpol has issued a Red Notice for his arrest, but Lebanon does not extradite its nationals
Muscat, Oman-- Oman's inflation rate increased by 2.8 percent in 2022 as the consumers price index (CPI) registered 109.7 points...Food and non-alcoholic beverages prices went up by 5.2 percent, and housing, water, electricity, gas and other fuels also rose 1.1 percent
The steepest increase was in the prices of oil and gas products, registering a growth of 44.1 percent, with non-oil products rising 3.8 percent
