Dubai Financial Market To Launch Carbon Credits Trading Platform At COP28
RIYADH: New businesses and environmentally conscious companies stand to benefit from a new carbon credits mechanism set ... Read more
IEA Forecasts 75% Drop In Global Oil And Gas Demand Needed By 2050 To Meet 1.5°C Target
RIYADH: Global demand for oil and gas needs to decline by over 75 percent by 2050 to limit global warming to 1.5 degree... Read more
Dubai Attracts 92 New Businesses In First 9 Months Of 2023
RIYADH: Dubai witnessed 92 businesses relocate to the emirate in the first nine months of 2023 in a boost to its glob... Read more
UAE Top Banks Witness Strong Profitability Q3: Alvarez & Marsal
RIYADH: The UAE’s top banks witnessed strong profitability in the third quarter of this year, primarily propelled by a... Read more
Dubais Inflation Moderates To 4.27% In October: Official Data
RIYADH: Dubai’s inflation rate slightly eased to 4.27 percent in October, compared to 4.5 percent in the previous year... Read more
Saudi Private Sector Reflects Steady Expansion In Q3
RIYADH: Corporate stability helped Saudi Arabia’s private sector maintain its continued expansion in the third quarter... Read more
Deal Worth $27m To Give New Impetus To Saudi-Australian Business Ties
RIYADH: Business ties between Saudi Arabia and Australia are set to gain momentum following the signing of a significant... Read more
Jeddah Airport Tops Kingdoms October Performance Rankings: GACA
RIYADH: Saudi Arabia’s King Abdulaziz International Airport outperformed other terminals in the Kingdom for overall pe... Read more
Saudi Arabia At Forefront Of Sustainability Initiatives In GCC: Report
RIYADH: Saudi Arabia, the UAE and Qatar are at the forefront of leading sustainability initiatives in the Gulf Cooperati... Read more
Petromin Corp. Launches First EV Maintenance Center In The Kingdom
RIYADH: Saudi automotive services firm Petromin Corp. has introduced a hybrid and electric vehicle maintenance network a... Read more
UAEs Tawazun Council Inks $1.41bn In Deals On Day 3 Of Dubai Airshow
RIYADH: The UAE’s defense and security acquisitions authority inked eight new deals valued at 5.18 billion dirhams ($1... Read more
Saudi Arabias Crude Production Rose To 8.98m Bpd In September: JODI Data
RIYADH: Saudi Arabia’s crude production increased to 8.98 million barrels per day in September, a rise of 57,000 bpd o... Read more
Duqm Refinery One Of 6 Projects Totaling $10.3bn completed By Oman Investment Authority
RIYADH: An oil refinery is one of six major national projects completed by Oman’s Investment Authority, with a value ... Read more
MENA To Pioneer Sustainable Construction With $2tn Investment, Generate 4.3m Jobs
RIYADH: The Middle East and North Africa region is poised to lead in sustainable constructions, with a planned $2 trilli... Read more
Egypt Sells Stake In Tobacco Firm Eastern Co. To UAE Company
CAIRO: Egypt has sold a stake in tobacco products maker Eastern Co. in its first foreign sale of a major state asset si... Read more