Economy
-
Nigeria lets banks open accounts for crypto firms: Report
Nigeria, the nation with the highest rate of cryptocurrency adoption after India, allowed lenders to deal with companies providing digital…
Read More » -
Al Nassr FC home ground Al-Awwal Park Stadium announces Mentos as sponsor
Perfetti Van Melle’s Mentos Gum was announced as a sponsor of the Al-Awwal Park Stadium, home of Al Nassr FC in Saudi…
Read More » -
UAE reaches comprehensive economic agreement with Mauritius: State media
The United Arab Emirates completed talks on Friday on a comprehensive economic partnership agreement with Mauritius, its first with an…
Read More » -
Social media platform X suffers global outages
Social media platform X, formerly known as Twitter, suffered global outages for just over an hour on Thursday. According to…
Read More » -
UAE oil giant ADNOC ups bid to $12.4 billion for German chemical company Covestro
Abu Dhabi National Oil Co. submitted an increased preliminary takeover bid for German chemical company Covestro AG and offered concessions…
Read More » -
Operations commence at major Carbon Capture plant in Saudi Arabia’s Western Region
Petro Rabigh, one of the largest integrated refining and petrochemical facilities in Saudi Arabia, and Gulf Cryo, a leading provider…
Read More » -
Egypt, Saudi Arabia’s Acwa Power sign $4 bln green hydrogen deal
Egypt has signed a $4 billion deal with Saudi Arabia’s Acwa Power company to develop a green hydrogen project, Egypt’s…
Read More » -
GE Aerospace tests 10 different aircraft engine models with 100 pct sustainable fuel
One of the most expansive programs for testing the alternative aviation fuel in the industry is being undertaken by GE…
Read More » -
Shipping insurance for Red Sea transit soars after mounting attacks in region
The cost of insuring vessels that will transit the Red Sea jumped again this week after mounting attacks in the…
Read More » -
Cash-strapped Egypt looking for expanded IMF loan now election is over
With Egypt’s elections over, the cash-strapped nation is poised for an increase in financial aid that may ease its dollar…
Read More »