Category: Business

Kuwait: The Kuwaiti oil price fell US$1.14 to US$71.14 per barrel on Tuesday, compared with US$72.28 pb on Monday, state news agency (KUNA) reported, citing the Kuwait Petroleum Corporation (KPC) on Wednesday.

Globally, Brent crude went down by 30 ce…

Abu dhabi: AD Ports Group has signed a Memorandum of Understanding with the General Department of Vietnam Customs (GDVC) to explore developing digital trade solutions for the country’s customs department.

Under the MoU, AD Ports Group and GDVC will a…

Abu dhabi: Al Maryah Community Bank (Mbank) is the first digital bank in the UAE to have signed a commitment letter with the Science Based Targets initiative (SBTi).

SBTi is an organisation that helps companies set greenhouse gas emissions reduction …

Dubai: The General Civil Aviation Authority (GCAA) held a workshop with its strategic partners in Dubai to discuss challenges associated with weather fluctuations, sharing field experiences and best practices that strengthen preparedness for handling …

Dubai: The Ministry of Energy and Infrastructure (MoEI) has announced the elimination of bureaucracy in 21 services and processes by cancelling over 745,000 government procedures and reducing the time of delivering services by 75%.

This achievement c…

Abu dhabi: ADNOC Drilling Company today announced record financial results for the third quarter and first nine months of 2024. The company’s third-quarter revenue increased significantly to $1.026 billion, rising by 32% year-on-year.

The company sai…

Seoul: The Republic of Korea’s new automobile sales during the first nine months of the year fell over 8 percent from a year earlier amid high borrowing costs and a slowdown in global electric vehicle demand, industry data showed Wednesday.

Yonhap Ne…