Category: Business

ABU DHABI, 2nd June, 2023 (WAM) — Emirates Development Bank (EDB), a key financial engine of the UAE’s economic development and industrial advancement, signed a Memorandum of Understanding (MoU) with the Abu Dhabi Department of Economic Development’s …

PARIS, 3rd June, 2023 (WAM) The amount of money allocated by governments to support clean energy investment since 2020 has risen to USD 1.34 trillion, according to the latest update of the IEA’s Government Energy Spending Tracker. Around USD 130 billi…

The US economy added 339,000 jobs in May whereas the unemployment rate rose to 3.7 percent from 3.4 percent, the Bureau of Labor Statistics showed Friday.Accounting to the Bureau of Labor Statistics, job gains occurred in professional and business serv…

ABU DHABI, 2nd June, 2023 (WAM) — The Ministry of Industry and Advanced Technology (MoIAT) signed a memorandum of understanding (MoU) with Etihad Aviation Group to provide new incentives for companies certified under the National In-Country Value (IC…

RAS AL KHAIMAH, 2nd June, 2023 (WAM) — Ras Al Khaimah Economic Zone (RAKEZ) successfully participated in the second edition of the Ministry of Industry and Advanced Technology’s (MoIAT) “Make it in the Emirates” Forum held recently, which brought toge…

VIENNA, The price of OPEC basket of thirteen crudes stood at US$64.53 a barrel on Wednesday, 28th April 2021, compared with $63.91 the previous day, according to OPEC Secretariat calculations.The OPEC Reference Basket of Crudes is made up of the follow…

DUBAI, Emirates Integrated Telecommunications Company PJSC (EITC) published today its financial results for the first quarter of 2021.The company reported revenues of AED 2.88 billion, 5.2 percent higher than the previous quarter, reflecting the compan…

SHARJAH, With industry disruption and innovation at the forefront, the Sharjah Research Technology and Innovation Park (SRTI Park) and PLM, a global design and technology company, has launched Retail R&D Experience Studio, a partnership for…