Economy
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Saudi Arabia confirms to continue voluntary 1 mln bpd output cut for December
Saudi Arabia will continue with its voluntary output cut of 1 million barrels per day (bpd) until the end of…
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Musk says his new AI chatbot has ‘a little humour’
Elon Musk has launched an AI chatbot called Grok on his social media site X, formerly Twitter, but so far…
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Saudi non-oil economy sees fastest job growth in 9 years
Saudi Arabia’s non-oil economy saw its fastest job growth in nine years in October, signaling another improvement in business conditions…
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China’s Sinopec signs new 27-year LNG supply deal with QatarEnergy
State-owned Chinese firm Sinopec signed a new 27-year liquefied natural gas (LNG) supply and purchase agreement with QatarEnergy, the two…
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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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