Category: Business

DUBAI: Dubai Electricity and Water Authority (DEWA)’s use of the latest disruptive technologies, including generative artificial intelligence (AI) and ChatGPT, has promoted its excellence in providing a leading value-added experience that enhances sta…

RIYADH: Saudi Arabia’s Human Resources Development Fund has helped more than 153,000 Saudi men and women get employed in the private sector during the first half of 2024, Saudi Press Agency (SPA) reported on Tuesday.

Turki bin Abdullah Al-Jawini, Dir…

Jordan’s King Abdullah II stressed, during a phone call he received from US President Joe Biden on Monday, the need to de-escalate the situation in the region and reach a comprehensive calm that prevents it from sliding into a regional war.

The Jorda…

The Central Bank of Kuwait (CBK) announced on Monday the allocation of issuance of bonds and tawarruq amounting to KD 160 million (about USD 528 million).

The CBK said in a statement carried by Kuwait news agency (KUNA), that the issuance period is t…

ABU DHABI: The value of transactions conducted in the banking sector within the country through the UAE Funds Transfer System (UAEFTS) rose to AED 7.9 trillion during the first five months of 2024, according to the latest statistics from the Central B…

The official price of Omani oil, for delivery in October, reached on Monday USD 74.55 per barrel, a decrease of USD 4.65 (5.78 percent) compared with Friday’s price, which was USD 79.20 per barrel.

It is noteworthy that the monthly average price of O…

Doha: Qatar’s non-energy private sector continued to expand at the start of the second half of 2024, according to the latest Purchasing Managers’ Index (PMI ) survey data from Qatar Financial Centre (QFC) compiled by S and P Global.

Output and new or…

ABU DHABI: ADNOC Drilling Company and Alpha Dhabi Holding announced today that their joint venture Enersol (JV) has agreed to acquire a 100% equity stake in EV Holdings Ltd. (EV) for approximately $45 million from UK-based private equity firm, Dunedin…