ABU DHABI: Abu Dhabi Future Energy Company – Masdar, the UAE’s clean energy powerhouse, today announced it has successfully raised US$1 billion through its second green bond issuance, under its Green Finance Framework.
The announcement comes one year…
Turkish Minister of Energy and Natural Resources Alparslan Bayraktar, announced Thursday his countrys intention to explore for oil and gas in 3 areas off the Somali coast.
This came in a press conference after he attended the signing ceremony of an a…
DUBAI: An Emirates spokesperson confirmed that there has been no impact on Emirates’ flight operations.
In a statement on Friday, the spokesperson said, ‘We are aware of the global IT disruption and are monitoring the situation closely. At this time,…
DUBAI: flydubai, the Dubai-based carrier, celebrated its third anniversary of operations to Salzburg, Austria.
flydubai was the first national carrier in the UAE to operate direct flights between Dubai and Salzburg with its inaugural flight landing a…
ISTANBUL: DP World and Evyap Group have completed a strategic merger, bringing together the strengths of two major ports on the Marmara Sea to create a new international logistics hub that will elevate Trkiye’s pivotal role in global trade.
The compl…
DUBAI: A spokesperson from Dubai Airports affirmed that that Dubai International (DXB) Airport is operating normally following a global system outage that affected the check-in process for some airlines in Terminals 1 and 2 this morning.
He explained…
MANILA: The Asian Development Bank (ADB) has slightly raised its economic growth forecast for developing Asia and the Pacific this year to 5.0% from a previous projection of 4.9%, as rising regional exports complement resilient domestic demand. The gr…
ABU DHABI: Khaled Mohamed Balama, Governor of the Central Bank of the UAE (CBUAE), and Caroline Abel, Governor of the Central Bank of Seychelles (CBS), signed today in Abu Dhabi two Memorandums of Understanding (MoU) regarding enhancing the use of loc…
Washington:External debt of developing countries surged by 5.5% to a record $9.4 trillion in 2025, marking the fastest pace since
