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ABU DHABI: Abu Dhabi National Oil Company P.J.S.C. (ADNOC) announced today that its acquisition of OCI’s 50% + 1 share stake in Fertiglobe, which was announced in December 2023, has received all required approvals and is expected to close on Tuesday, …
ABU DHABI: The UAE is expected to exceed its renewable energy capacity ambitions for 2030, the International Energy Agency (IEA) confirmed.
According to the IEA’s Renewables 2024 report, ‘MENA countries’ combined ambition is to reach 201 GW of renewa…
KUWAIT: The Kuwaiti oil price fell 33 cents to US$77.29 per barrel (pb) on Thursday, compared to US$77.62 pb the previous day, state news agency (KUNA) reported, citing the Kuwait Petroleum Corporation (KPC) on Friday.
Globally, the price of Brent cr…
The Nobel Peace Prize Committee in Norway announced today that the Japanese organization Nihon Hidankyo has won the 2024 Nobel Peace Prize in recognition of its efforts to achieve a world free from nuclear weapons.
According to the committee, follow…
SHARJAH: Under the directive of His Highness Sheikh Dr. Sultan Bin Mohammed Al Qasimi, Member of the Supreme Council and Ruler of Sharjah, and the guidance of Sheikha Bodour bint Sultan Al Qasimi, Chairperson of the Sharjah Book Authority (SBA), publi…
ABU DHABI: The United Arab Emirates dispatched an aircraft carrying 37 tonnes of provisions for children and women to support the Lebanese people as part of the ‘UAE Stands with Lebanon’ campaign.
The aircraft marks the ninth flight of humanitarian a…
ABU DHABI: Hafeet Rail, the developer and operator of the UAE-Oman Rail Network, has partnered with Progress Rail, a Caterpillar company, to supply 27 state-of-the-art EMD SD70ACS heavy-haul freight locomotives. The locomotives will be custom-designed…
ABU DHABI: The UAE Ministry of Investment co-hosted Investopia Global – Monaco today alongside Investopia in Monaco. This exclusive event brought together Monaco and French-based investors, principals, and Chief Investment Officers (CIOs) of family of…
Kuwait city: Kuwaiti Crown Prince His Highness Sheikh Sabah Khaled Al-Hamad Al-Sabah engaged in a phone call with US Vice