Economy
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First grain ships arrive in Ukraine using new route
Two cargo ships have arrived at a Ukrainian port after travelling through the Black Sea using a new route, Ukrainian…
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Abu Dhabi Intl Airport trials new Terminal A operations via community volunteers
As part of the ongoing operational readiness trials for the new Terminal A ahead of its opening in November, Abu…
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Pakistan’s $40 bln housing investment potential highlighted at Cityscape Global Forum
With 70 percent of overseas Pakistanis channeling their remittances into the property and contributing $12 billion annually, there’s no denying…
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Saudi Aramco agrees to purchase 100 pct equity stake in Esmax Distribusción SpA
Saudi Arabian oil giant Aramco agreed to purchase a 100 percent equity stake in Chile’s Esmax Distribución SpA (Esmax) from…
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London-listed Rockfire to buy Dubai-based gold refinery Emirates Gold DMCC
One of Dubai’s biggest gold refineries, suspended in July over concerns that its owners had ties to alleged money launderers,…
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Abu Dhabi’s Chimera sets up $50 billion asset manager
Abu Dhabi’s Chimera Investment LLC has launched a new global alternate investment manager with $50 billion of assets under management.…
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About 13,000 workers strike for better wages, benefits from GM, Ford and Stellantis
About 13,000 US auto workers stopped making vehicles and headed for the picket lines Friday after their leaders couldn’t bridge…
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BP CEO resigns after undisclosed personal relationships with colleagues revealed
BP CEO Bernard Looney resigned on Tuesday with immediate effect after less than four years in the oil major’s top…
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Saudi, Russian oil cuts to cause ‘significant’ supply shortfall by year-end: IEA
The extension of supply cuts by Saudi Arabia and Russia to the end of 2023 will lock in a substantial…
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Emirates NBD makes strategic investment in Turkish sustainability start-up Erguvan
Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Turkey) region, has made an investment…
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