Economy
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Uber makes changes to Super Bowl ad after backlash
Uber Eats has made last minute changes to its Super Bowl advertisement after criticism that it inappropriately made light of…
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Maruti Suzuki is about to turn Helicopters electric!
Maruti, the Indian subsidiary of the Japanese automaker Suzuki, is working with its mother company to create electric air copters,…
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Saudi minister Prince Abdulaziz says energy transition behind Aramco capacity halt
Saudi Arabia decided to halt its oil capacity expansion plans because of the energy transition, its energy minister said on Monday, adding…
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IMF chief sees Egypt exchange rate situation as a ‘disaster’
The exchange rate situation in Egypt, characterized by its multiplicity, is seen as disastrous by Kristalina Georgieva, the Managing Director of…
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Barclays to end direct financing of new oil and gas fields
Barclays has announced it will no longer provide direct funding for new oil and gas projects. The banking giant also…
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Moody’s downgrades Israel’s credit rating, changes outlook to negative
US-based credit rating agency Moody’s downgraded Israel and changed the country’s outlook to negative due to the ongoing war in Gaza, according…
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UAE real estate market surges amid global uncertainties: Report
The UAE market witnessed unprecedented growth during 2023 despite the various global challenges, according to a real estate report based…
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India’s Petronet gets cheaper LNG from Qatar in landmark new supply deal
Qatar agreed to reduce liquefied natural gas prices in a long-term contract with Indian company Petronet LNG Ltd., part of…
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TotalEnergies posts record annual profit at $21.4 bln, ahead of global peers
French group TotalEnergies reported on Wednesday the highest profit of its history for 2023, underpinned by performances in its liquefied…
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Lebanon allows bank depositors to withdraw $150 a month from some ‘old’ accounts
A Lebanese central bank circular published on Saturday allows monthly withdrawals of $150 from some accounts opened by depositors after…
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