A Switzerland based start-up has signed an agreement with a UAE based company to manufacture and operate ‘THE JET’ – the first clean-energy and hydrogen powered...
Canada’s Calvalley Petroleum has suspended its operations and exploration in Yemen’s Hadramout province due to deteriorating security conditions after having resumed activities in the war-torn country...
The European Union has earmarked 657 million euros ($736 million) for the construction of a a 2,000-megawatt undersea electricity cable that will link the power grids...
Turkey’s central bank hiked its year-end annual inflation forecast to 23.2 percent, from 11.8 percent previously, and its chief dismissed the notion that a series of...
First Abu Dhabi Bank, the United Arab Emirates’ biggest lender, posted a record net profit in 2021, fueled by the country’s economic recovery from the height...
The Dubai Financial Services Authority (DFSA) said Arif Naqvi has disputed the findings and that the parties would now present their cases to the Financial Market...
The European Union launched a challenge at the World Trade Organization against Egypt on Wednesday over an import registration system the bloc says is a restriction...
The Abu Dhabi National Oil Company has been named the UAE’s most valuable brand of 2021, according to the brand valuation consultancy firm, Brand Finance. Its...
Gas flows from Germany to Poland via the Yamal-Europe pipeline, which usually sends Russian gas westward into Europe, fell on Wednesday morning, data from German network...
Emirates NBD’s annual profit rose 34 percent as an improving economy boosted investment banking income, Dubai’s biggest lender said on Wednesday, while impairments fell sharply from...