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Abu dhabi: Mubadala Investment Company (Mubadala) has acquired $200 million of Equitix’s stake in Greenlink, a joint venture between Equitix and Baltic Cable that operates a 504MW subsea electricity interconnector linking Great Britain with Ireland. T…
Abu dhabi: Sanadak, the Ombudsman Unit for the United Arab Emirates, has reaffirmed the importance of its partnership with the World Bank Group, focused on enhancing its services and strengthening its operational efficiency in line with international …
New york: Major US stock indexes rose on Wall Street on Monday, with the Dow Jones Industrial Average hitting a record high, after inflation fears eased as crude oil prices fell. Dow Jones Industrial Average rose by 490.38 points (or 0.96%) to close a…
Brussels: Gold rose more than 2% on Monday after US and Iran officials said they had reached an initial agreement to end their war: Spot gold price rose 2.5%, to $4,323.29 an ounce, its highest since June 9, and extended gains for a 3rd straight sessi…
Seoul: Container shipping costs from South Korea to the Middle East extended their gains to the third consecutive month in May, the customs agency said Monday. The average shipping charge for a 40-foot container from South Korea to the Middle East ros…
Moscow: Russia’s trade surplus increased by 41 percent in April compared with the same period last year, rising by $3.327 billion to reach $11.431 billion, the Russian central bank announced on Monday.
According to Emirates News Agency, the central …
Beijing: China’s value-added industrial output grew by 5.4 percent year-on-year during the first five months of 2026, as per official data released today.
According to Emirates News Agency, home prices in China’s four first-tier cities-Beijing, Shan…
Abu dhabi: AD Ports Group has signed a Memorandum of Understanding with Dajin Heavy Industry Co., Ltd., an offshore wind equipment manufacturer, to explore cooperation in offshore wind supply chain development, maritime logistics, port infrastructure,…
Sharjah: His Highness Sheikh Dr Sultan bin Mohammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, has directed an