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Saudi Arabia announced Tuesday extending voluntary reduction in oil production of one million barrels per day, until end of 2023.According to Saudi Press Agency, Ministry of Energy said that production rate in the coming three months will be at nine m…
Samsung Electronics revealed it is developing a new neural processing unit chip for home appliances featuring artificial intelligence, to support them to run on ultra-low energy.With the goal of making smarter home appliances, the tech giant will also…
DUBAI, 4th September, 2023 (WAM) — Emirates NBD has announced it invested in Komgo, a leading software development and technology services company transforming the trade finance industry. The strategic equity investment was made by Emirates NBD’s Inno…
Samsung Electronics announced today that it has developed the industrys first and highest-capacity 32-gigabit (Gb) DDR5 DRAM1 using 12 nanometer (nm)-class process technology.This comes after Samsung began mass production of its 12nm-class 16Gb DDR5 DR…
Oil prices rose for a fourth consecutive day on Friday and were on track to register a weekly gain amid expectations of further supply cuts by Opec+ members. Brent, the benchmark for two thirds of the world’s oil, was trading 0.24 per cent higher at $…
Major US stock indexes closed higher at the end of the trading session on Wednesday.The S&P 500 climbed 0.39% to end the session at 4,515.00 points.The Nasdaq gained 0.54% to 14,019.31 points, while Dow Jones Industrial Average rose 0.11% to 34,890.77 …
Secretary-General of the Organization of Arab Petroleum Exporting Countries (OAPEC) Jamal Al-Loughani praised Thursday role of the United Arab Emirates in providing support to the activities of the General Secretariat and its contribution to the devel…
Minister of Economy Khaled Asseily and his Libyan counterpart, Mohammed Al-Hawaij, discussed today, Thursday, prospects for developing the Palestinian-Libyan economic relationship and enhancing trade exchange.This came on the sidelines of the Minister’…
Al ain: Dr. Amna bint Abdullah Al Dahak, Minister of Climate Change and Environment, has officially launched the ‘Young Farmer