- German gas company VNG on Friday became the latest European energy firm to seek government aid as reduced Russian pipeline...
Russia has slowly dwindled supplies of gas to Europe in the wake of the invasion of Ukraine, sending prices for the fuel soaring.
Uniper, Germany's biggest importer of Russian gas, asked for government support earlier this year under the pressure of rising gas prices.
- Moscow's invasion has seen the price of natural gas hit record levels, throwing the EU economy into deep uncertainty with...
The European Commission, the EU's executive, will ask the ministers meeting in Brussels to consider a series of highly complex proposals designed to ease the burden
The main drive will be to find ways to compensate households and businesses that are struggling to pay their bills and keep activity going
- The US Treasury said it had placed Tehran-based Safiran Airport Services on its sanctions blacklist, two months after the White...
The Treasury said Safiran has coordinated Russian military flights between Iran and Russia, including those that carried the UAVs, personnel and related equipment
The Treasury also placed sanctions on three Iranian companies involved in developing and producing drones and linked to the powerful Islamic Revolutionary Guard Corps
- The two-day event is the first face-to-face meeting between members of the new Indo-Pacific Economic Prosperity Framework (IPEF), an initiative...
Trump's isolationist "America First" policy saw him yank the United States from the Asia-focused trade agreement called the Trans-Pacific Partnership
Washington hopes to forge common standards throughout the region, but without promoting the access to its domestic market
- Israel says the Karish field is located entirely within its exclusive economic zone, but Lebanon insists that part of the...
Israel announced in early July that it had downed three unarmed drones launched by Hezbollah towards Karish
Israel's Defence Minister Benny Gantz said late last month that any attack on its gas assets could reignite war between the two sides
- The UAE ranks highest among GCC economies and 12th overall in the first edition of the Circular Carbon Economy Index...
The UAE ranks highest among GCC economies and 12th overall in the first edition of the Circular Carbon Economy Index that focuses on energy management of the countries
While Gulf economies are pursuing individual targets to slash down on emissions, there are several opportunities for countries in the region to cooperate for joint emission goals
- Real estate transactions in the Emirate of Sharjah totaled US$544 million (AED 2 billion) in August 2022, according to the...
The total number of transactions according to SRERD records, during the past month amounted to 2,409.
Mortgage transactions amounted to 303, which is 12.6 percent of the total transactions, with a value exceeding $193 million.
- Dubai Electricity and Water Authority is committed to promoting Emiratization in its various divisions by adopting an integrated strategy to...
The MD & CEO of DEWA said that the percentage of Emiratization at DEWA has reached 88.14 percent in senior management.
DEWA has launched several pioneering projects and programs for the employment of Emiratis.
- The UAE has ranked 26th globally and first in the Arab world in the 2021/2022 Human Development Report, which is...
The Human Development Index (HDI) is a summary measure for assessing long-term progress in three basic dimensions of human development.
The three basic dimensions are a long and healthy life, access to knowledge and a decent standard of living.
- The UAE financial markets on Wednesday posted gains of over US$2.72 billion (AED10.billion) in market cap driven by upbeat sentiments...
The UAE financial markets on Wednesday posted gains of over US$2.72 billion (AED10.billion) in market cap driven by upbeat sentiments.
Abu Dhabi index (FTFADGI) rose 0.566 percent to 9,717.38 points while Dubai General Index (DFMGI) slid 0.406 percent to 3,382.31 points.





















