Israel's surprise strike against Iranian military and nuclear sites on Friday -- killing top commanders and scientists -- sent crude prices...
Key developments across the Middle East today highlight regional diplomatic, economic and humanitarian trends
Analysts are now divided over whether Saudi Arabia and Russia will keep the group on course with its current output...Oil producers are grappling with falling prices and high market volatility amid the Russian invasion of Ukraine, which has upended economies worldwide.
In April, countries were caught off guard when several OPEC+ members agreed to voluntarily cut production by more than one million barrels per day.
The acquisition is expected to complete by early 2024.The offer was pitched at US$48.5 (£38.75) per share - a 44-percent premium from April 12 - before Dechra first revealed it was holding bid talks.
Dechra Pharmaceuticals has over 2,000 employees and seven production sites across the world, and sells veterinary products in 63 countries.
Dubai, UAE -- French multinational aerospace and defense technologies company Thales has launched 'Go to UAE' initiative with the support...Launched on day two of the Make it in the Emirates Forum, the initiative is being carried out in collaboration with Tawazun Council.
The initiative will help UAE suppliers benefit from this program by integrating with opportunities across Thales Global Supply Chain.
"In May, 33 vessels departed Ukrainian ports, half of the number compared to April. Only three of those departed from...UN says Russia "has informed of its decision to limit registrations to the port of Yuzhny/Pivdennyi as long as ammonia is not exported"
Moscow is calling in particular for a resumption of operations on the Togliatti-Odessa pipeline for deliveries of ammonia
Despite reaching an agreement in principle last October on a bailout package worth nearly $2 billion, talks with the IMF..."Instead of lifting subsidies in the name of rationalisation, it would be possible to introduce additional taxes on those who benefit from them without needing them," Saied said
Tunisian president did not say how such a plan might operate as employees' taxes are deducted at source and many Tunisians in the private sector do not declare their full income
Abu Dhabi, UAE - Eight new projects were announced on Thursday during the Make it in the Emirates Forum in...Abu Dhabi’s Industrial Strategy aims to double the sector’s GDP contribution by 2031, leveraging strong enablers such as infrastructure and competitive operational costs,
The Abu Dhabi Investment Office and its partners signed MoU with high-growth companies covering key areas, including manufacturing, banking, oil & gas and healthcare
Dubai, UAE - Ruler of Dubai Sheikh Mohammed bin Rashid Al Maktoum on Thursday approved the new futuristic development masterplan...Spanning an area of 13.4sq and occupying an area twice the size of Palm Jumeirah, Palm Jebel Ali will feature green spaces and unique waterfront experience
Palm Jebel Ali will feature over 80 hotels and resorts, and a wide choice of entertainment and leisure facilities that will contribute to Dubai’s tourism sector
SHARJAH, UAE - The fourth edition of the Jewels of Emirates Show, the first Emirati exhibition dedicated to diamond jewelry,...The Expo Centre Sharjah with the support of the Sharjah Chamber of Commerce and Industry (SCCI) is hosting the event.
Sheikh Majid bin Faisal bin Khalid Al Qasimi, First Deputy Chairman of the Chamber, inaugurated the exhibition.
- US senators raced to pass a bipartisan debt limit deal approved overwhelmingly by the House of Representatives, with the worst-case...
The bill passed the House on Wednesday with a big majority of 314 votes to 117 -- putting it on a glide path to the White House.
The Senate has to agree unanimously to fast-track legislation and any individual member can draw out consideration of a bill for days.
- DUBAI, UAE - The UAE is poised to play a pivotal role in global trade with its exports projected to...
The report forecasts the global trade industry to reach US$32 trillion by 2030, with a projected growth rate of five percent.
The report said that corridors anchored in Asia, Africa, and the Middle East are expected to outpace the global trade growth rate.
