Economy
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Qantas, Airbus to invest $1.3 mln in Australian biofuel refinery
Qantas Airways Ltd and Airbus SE will jointly invest A$2 million ($1.34 million) in a biofuel refinery being set up…
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Prince Faisal at FII Priority: Gaming thrives in Saudi Arabia, offering new careers
The Chairman of the Saudi Esports Federation Prince Faisal bin Bandar bin Sultan highlighted, in a panel at the FII…
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First Solar among winners of India’s $2.4 bln green push to step up domestic output
First Solar Inc. and Avaada Group are among winners of India’s $2.4 billion (195 billion rupees) in incentives to encourage…
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Adani Group stocks drop on renewed concerns over ability to repay its debt
Adani Group stocks slumped to erase over 523 billion rupees ($6.4 billion) in market value on Tuesday, the biggest decline…
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Bahrain’s economic growth hits fastest in almost a decade, fueled by non-oil sector
Bahrain’s economy grew at the fastest pace since 2013 last year, fueled by an acceleration in non-oil growth, according to…
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New bail agreement reached between Sam Bankman-Fried, US prosecutors
Lawyers for Sam Bankman-Fried said they reached an agreement with US prosecutors on Monday on revised bail conditions, after a judge raised…
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Global Investments in renewable energies must quadruple to meet climate target: IRENA
Global investments in energy transition technologies must more than quadruple annually to stay in line with commitments made under the…
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World Bank warns of ‘lost decade’ as growth slows following COVID-19, Ukraine
The global economy’s potential growth through the end of the decade has slowed to the weakest in 30 years, the…
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UAE central bank sees 4.3 percent economic growth in 2024: Report
The United Arab Emirates’ central bank expects the country’s gross domestic product (GDP) to increase by 4.3 percent in 2024,…
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Silicon Valley Bank: Collapsed US lender bought by rival
The assets and loans of collapsed US lender Silicon Valley Bank (SVB) are being bought by rival First Citizens BancShares.…
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