Economy
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Exclusive: Energy storage solutions critical component of transition, says Masdar COO
Storage solutions play a pivotal role in transitioning to renewable energy as they address the intermittency of naturally sourced energy,…
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Eurozone economy shrinks as inflation falls further
The eurozone economy shrank slightly in the third quarter, hurt by the European Central Bank’s painful rate-hiking campaign, but inflation…
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Abu Dhabi Intl Airport to be named Zayed International Airport from February 9, 2024
Abu Dhabi International Airport is to be named Zayed International Air-port, the Abu Dhabi Media Office (ADMO) reported on Tuesday.…
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World Bank sees lower 2024 oil price, but Middle East conflict could cause spike
The World Bank said on Monday it expected global oil prices to average $90 a barrel in the fourth quarter…
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Record gold prices dampen festive season demand in India
Gold prices near record highs could dampen demand in India during the peak festival season and lead to the lowest…
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Aldar sees strong international demand for its first Dubai houses
Aldar Properties PJSC, Abu Dhabi’s biggest developer, is starting sales of its first housing development in neighboring Dubai as strong…
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Stocks bounce, yen gains vs dollar; talk of BOJ policy tweak
Global stock indexes rose on Monday, with US stocks rallying more than 1 percent after recent sharp declines, while the yen rose to a…
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Top Israeli economists urge PM to cancel billions of unneeded spending
A group of 300 of Israel’s most senior economists called on Prime Minister Benjamin Netanyahu to divert state funds from non-essential items…
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Investment plan for Western Balkan candidate members will require reforms: EU chief
The European Commission’s top official said Monday that a decade-long investment package for Western Balkan countries seeking to join the bloc…
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Dubai’s RTA seeks about $300 mln from taxi IPO: Report
Dubai Taxi Corp., a unit of the emirate’s transport authority, is seeking to raise about $300 million from a share…
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