Economy
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MOCCAE, Tadweer sign MoU to launch global initiative to decarbonize waste management
As part of the Year of Sustainability and UAE’s preparations for hosting the Conference of the Parties COP28, the Ministry…
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Mideast stocks slide, enter volatile week as Israel declares war after Hamas attack
The fallout from Saturday’s surprise attack on Israel by the Palestinian group Hamas reverberated through Middle East markets, sending stocks…
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UAE to jointly develop $8 billion of renewable power in Malaysia
The United Arab Emirates will jointly develop 10 gigawatts of renewable energy capacity worth $8 billion in Malaysia by 2025,…
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UAE starts first wind power plants ahead of COP28
The United Arab Emirates has started its first utility-scale wind power project as the country burnishes its green credentials before…
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Tesla slashes prices of Model 3, Models Y vehicles in US
Elon Musk-led Tesla on Thursday cut prices of its Model 3 and Model Y vehicles in the US, according to…
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A new kind of 3D-printed carrot, in the words of its Qatar-based inventors
Two students in Qatar have created a 3D printer that can mass-print vegetables, something they hope will be a solution…
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OPEC+ maintains output reduction to boost oil prices
An OPEC+ panel recommended Wednesday that the oil cartel keep its current output reduction strategy unchanged after heavyweights Saudi Arabia…
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Saudi Arabia seen spending $175 bln a year as building boom kicks off
Saudi Arabia is expected to spend more than $175 billion annually on industrial and mega projects between 2025 and 2028…
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World’s biggest bond markets hit by relentless selling
An unrelenting selloff in world government bonds drove US 30-year Treasury yields to 5 percent for the first time since 2007 and…
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DIFC opens inaugural Future Sustainability Forum to unlock global solutions
In the presence of more than 1,000 industry leaders and changemakers from across 30 countries, Dubai International Financial Centre (DIFC),…
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