Economy
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IRENA in new initiative to boost youth-led renewable energy projects, start-ups
The International Renewable Energy Agency (IRENA) launched on Thursday a new initiative, the IRENA NewGen Renewable Energy Accelerator (NewGen), aimed…
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Iraq finalizes deal to resume Kurdish crude exports to Turkey
Iraq’s federal and Kurdish governments have finalized a deal to resume crude oil exports through Turkey pending a response from…
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Airport Show held in Dubai ends on high note with full global recovery in sight
The 22nd edition of the Airport Show, the world’s largest annual airport event hosted by Dubai, closed on a high…
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Dubai’s Emirates airlines says it reports a record $3 billion annual profit
Dubai’s Emirates airline on Thursday said financial year 2022-23 had been its most profitable so far, reporting an annual profit of 10.9…
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Dubai’s Emirates airline launches $200 million fund for R&D to reduce fossil fuel use
Long-haul carrier Emirates said Thursday it would create a $200 million fund for research and development projects aimed at reducing…
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China and US debt woes, supply chains may dominate G7 finance chiefs’ talks
China will be the elephant in the room at this week’s meeting of Group of Seven (G7) finance leaders, who…
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Pakistan rupee weakens to new record low after arrest of former PM Imran Khan
The Pakistani rupee weakened 1.3 percent to a new record low of 288.5 against the US dollar on Wednesday, a…
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Adnoc to sell 15 pct stake in logistics, shipping unit in Abu Dhabi IPO
Abu Dhabi’s main energy company will sell a 15 percent stake in its logistics and shipping unit in an…
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Goldman Sachs to pay $215m in sex discrimination case
Goldman Sachs will pay $215m (£170.5m) to settle claims that it discriminated against women, offering female staff lower pay and…
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UAE-India CEPA driving industrial output, kickstart new era of prosperity: Minister
The UAE Minister of State for Foreign Trade, Dr. Thani bin Ahmed Al Zeyoudi, shared the latest UAE-India trade figures,…
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