London, United Kingdom -- Britain's South Western Railways on Sunday becomes the first private train operator to be returned to...
Beijing, China - Factory output in China grew at a faster rate than expected last month, official data showed Monday,...
Amsterdam, Netherlands – Saudi Arabia and Netherlands on Thursday signed a Memorandum of Understanding to collaborate on energy on the...The MoU aims to establish a framework for cooperation between the two countries and strengthen it in several energy sectors, including renewable energy
It also facilitates the activation of international supply chains linking the two countries and cooperation on technologies and solutions related to climate change
There are three main pillars to this approach: transforming existing industries with advanced technologies, creating the green industries of the...Digitalization plays a key role in making existing industries more sustainable, driving low-carbon production and decarbonization throughout value chains
R&D is vital for advancing technologies in green industries, with the UAE committed to increasing spending to further develop and deploy green innovations
The International Monetary Fund warned of severe consequences if the US defaults on its debt, ahead of a rapidly-approaching deadline...Democrats have been calling for a "clean" increase of the borrowing limit, accusing Republicans of using extreme tactics to push their political agenda.
The lifting of the debt ceiling has historically been seen as a routine affair, given that it involves raising money to pay for spending commitments.
ABU DHABI, UAE - Masdar has signed an agreement with the International Renewable Energy Agency (IRENA) to cooperate on a...The main objective of the project is to establish a global baseline for renewable energy.
The project will also highlight the challenges faced by different regions in meeting their renewable energy ambitions.
The Bank of England lifted its key interest rate to the highest level since the 2008 financial crisis, noting inflation...Global policymakers are battling elevated inflation caused largely by runaway energy bills.
Bank of England warned of "considerable uncertainties" on when UK inflation would return to its two-percent target.
- As per pact, e& is a cornerstone shareholder of Vodafone.
e& and Vodafone will explore offering joint cross-border digital services to multi-national customers and public sector organizations.
Services will include fixed and mobile connectivity, Mobile Private Networks, IoT, cybersecurity, and cloud-based services.
Riyadh, Saudi Arabia -- Saudi Arabia's Industrial Production Index (IPI) increased by 4.1 percent in March 2023, compared to the...The kingdom's General Authority for Statistics (GASTAT) said the IPI rose to 134.8 points in March, according to the base year 2010, compared to 129.5 points in March 2022.
The index of the mining and quarrying activity increased by 1.6 percent and the sub-index of the manufacturing activity increased by 10.5 percent over previous year.
The group declared a dividend of $1.2 billion to its owner.The Emirates airline business alone banked $2.9 billion after returning a $1.1 billion loss in the previous financial year.
The Middle East's biggest airline had posted a $5.5 billion loss for Covid-ravaged 2020-2021, its first in over three decades.
Dubai, UAE: The economic potential of the Middle East-China trade corridor was the focus of discussion at an exclusive International...HSBC hosted Chinese ambassador to the UAE Zhang Yiming and a senior delegation from the UAE China Business Council
Trade between China and the UAE reached a record high of $99.27 billion in 2022, marking an annual increase of 37.4%
Cairo, Egypt--Egypt's annual urban consumer inflation in April dipped to 30.6% from 32.7% in March, data from the state statistics...Following a series of currency devaluations since March 2022, inflation in the North African country has gone up, fueled by shortage of foreign currency
According to Moody's, the slow implementation of its asset sale plan hobbles the country's foreign exchange liquidity and weakens trust in its currency
