Economy
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Ambitious Saudi initiative to train 100,000 citizens for digital jobs
A newly launched training initiative called “Fuel” aims to equip 100,000 Saudi citizens in its first year with skills and…
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UAE non-oil foreign trade hits all-time high of $338 bln in first half of 2023
The UAE’s non-oil foreign trade reached a record $338 billion (Dh1.239 trillion) in H1 2023, representing a growth of 14.4…
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Terry Gou: Why is Foxconn billionaire running for Taiwan president?
Taiwan’s opposition vote will be split three ways in the January 2024 presidential election. Can the frontrunner be beaten? The…
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Chevron: Workers at major Australia gas plants to strike
Workers at two large liquefied natural gas (LNG) plants in Australia, operated by US energy giant Chevron, are set to…
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US bets on offshore wind boom in oil-rich Gulf of Mexico
The Gulf of Mexico has been a hub for US oil production for decades. A government auction Tuesday could help make it…
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UK air traffic ‘technical issue’ causes delays across Europe on busy travel day
Britain’s National Air Traffic Service (NATS) had to restrict the flow of aircraft on Monday due to a technical issue,…
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UAE emphasizes role as trade hub, sees ties with West unbroken after BRICS invite
Joining the BRICS bloc of emerging economies by the United Arab Emirates won’t come to the detriment of its ties…
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Mukesh Ambani appoints children to Reliance board, wife steps down
Reliance Industries Ltd. appointed the three children of billionaire Chairman Mukesh Ambani as non-executive directors on its board as the…
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Saudi PIF-backed oil, gas driller ADES to proceed with IPO plan
Oil and gas driller ADES Holding, backed by Saudi Arabia’s so-ereign wealth fund, on Monday announced plans to proceed with…
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Evergrande: Crisis-hit Chinese property giant reports $4.5bn loss
Crisis-hit Chinese developer Evergrande has posted a 33bn yuan ($4.5bn; £3.6bn) loss for the first six months of the year,…
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