Economy
-
GCC salary guide 2023: Salary, recruitment and bonus trends across the UAE, Saudi
Four in five employees are expecting a bonus from their companies in Saudi Arabia in 2023 while nine in ten businesses in…
Read More » -
Saudi-based RedSea agri-tech company appoints new members to board of directors
The Saudi-based sustainable agriculture technology company RedSea announced appointing Larkin Martin and Steve Dauphin to its board of directors on…
Read More » -
US aviation authorities to investigate latest runway incident
US aviation authorities said late on Monday they were investigating a fresh incident involving two airplanes cleared to use the…
Read More » -
China 2023 exports, imports slump again as global demand falters
China’s exports in the January-February period again fell from a year earlier, customs data showed on Tuesday, while imports also…
Read More » -
UAE’s Jaber urges Big Oil to join fight against climate change
A top oil executive from the United Arab Emirates on Monday urged the energy industry to join the fight against climate…
Read More » -
Cuba’s president meets CEO of Russia’s Rosneft amid fuel shortage
Russian oil firm Rosneft’s CEO Igor Sechin met with Cuba’s President Miguel Diaz-Canel, the island’s leader said, amid an acute fuel shortage…
Read More » -
Lebanon leans on US dollar to cope as currency, economy tank
When Moheidein Bazazo opened his Beirut mini-market in 1986, during some of the fiercest fighting in Lebanon’s civil war, he didn’t expect…
Read More » -
Saudi Arabia’s ACWA Power to build two solar plants in Uzbekistan
Saudi Arabia’s ACWA Power will build two solar plants in Uzbekistan with a total capacity of 1.4 gigawatts and three…
Read More » -
Peninsula Real Estate in talks with Abu Dhabi firm over pre-IPO funding
Peninsula Real Estate is in talks with Abu Dhabi investment group Yas Holding to secure funding ahead of a planned…
Read More » -
US hits Iran energy exports with fresh sanctions targeting entities, freezing assets
The US imposed a new round of sanctions on companies it accused of involvement in Iran’s petrochemical and petroleum trade,…
Read More »