Asia-Pacific markets were mixed on Monday after a week that saw a broad rally in stocks, as investors awaited a...
Geneva, Switzerland – A recent report by the World Economic Forum (WEF) highlights the growing concern that unequal access to...
Experts consider Yemeni honey some of the best in the world, including the prized Royal Sidr known for its therapeutic...Experts consider Yemeni honey some of the best in the world, including the prized Royal Sidr known for its therapeutic properties
The United Nations says honey plays a "vital role" in Yemen's economy, with 100,000 households dependent on it for their livelihoods
Egypt said it had protested to the UN Security Council Friday against Ethiopian plans to fill the reservoir of a...The process of filling the GERD's vast reservoir began in 2020, with Ethiopia announcing in July that year it had hit its target of 4.9 billion cubic metres
Addis Ababa deems the GERD essential for the electrification and development of Africa's second most populous country
As people are freed from pandemic lifestyles that had them relying on the internet for shopping, playing, working and learning,...A crowded period of quarterly financial releases from the world's biggest tech firms has been marred by misses and uncertainty.
Recession fears, strong dollar, shrinking advertising budgets and inflation, headwinds coming from every direction at the moment.
Italian energy giant Eni said Friday that its profits sky-rocketed in the second quarter as energy prices soared in the...Eni said in a statement that bottom-line Q2 net profit increased 15-fold to $3.9 billion
For the whole of 2022, Eni confirmed it was aiming for operating profit of 'at least' $1.22 billion
Dubai’s real estate market recorded 8,897 sales transactions worth US$6.2 billion approx (AED22.75 billion), the highest volume of sales transactions...Dubai’s real estate market recorded 8,897 sales transactions worth US$6.2 billion
The transactions were the highest volume of sales transactions for June in the past nine years
Abu Dhabi National Oil Company (ADNOC) today announced a second discovery of natural gas resources in the first exploration well...The reservoir was struck in in the first exploration well in Abu Dhabi's Offshore Block 2 Exploration Concession, operated by Eni.
The discovery from a new deeper reservoir indicates between 1 – 1.5 trillion standard cubic feet (TSCF) of raw gas in place.
ExxonMobil's second quarter profits nearly quadrupled to $17.9 billion in results released Friday that underscored the elevated state of oil...ExxonMobil's Q2 profits nearly quadrupled to $17.9 billion that underscored the oil and natural gas prices
The US oil giant's revenues in the second quarter rose 68.7 percent to $111.3 billion
Alpha Dhabi Holding has announced its financial results for the half-year ended June 30. The company reported net profit of...Alpha Dhabi reports net profit of US$2.2 billion in H1 2022 ending June 30, up from US$ 453 million in the corresponding period last year
The firm is also starting to see the benefits of its expansion outside the UAE with overseas revenue accounting for US$ 572 million
Germany's second-quarter growth figures to be published on Friday are expected to be meek as the outlook for Europe's largest...Less expensive to produce and transport, with prices pinned down in long-term contracts, Russian gas has for decades contributed to Germany's economic prosperity
To wean itself completely off Russian gas, Germany is looking further afield for new supplies including shipments of liquefied natural gas from the United States and Qatar
- Asian stocks rose Friday after data showing another contraction in the US economy boosted hopes that the Federal Reserve will...
After an extended period of pessimism on trading floors fuelled by soaring inflation, investors are beginning to speculate that the market may have reached its nadir
The prospect of US rates not rising as fast as previously expected hit the dollar, which has soared in recent months against most other currencies
