Category: Business

UAE Minister of State for Foreign Trade Dr. Thani Al-Zeyoudi discussed on Monday with two Kuwaiti officials ways to enhance economic and trade cooperation between the two countries. The UAE minster met with the Kuwaiti Consul General in Dubai and Nort…

Oil prices edged up in early trade on Monday, supported by forecasts of a supply deficit stemming from peak summer fuel consumption and OPEC+ cuts in the third quarter.

Brent crude futures rose 16 cents, or 0.2%, to $85.16 a barrel, while US West Tex…

ABU DHABI: AIQ, the Abu Dhabi-based AI champion with innovative solutions for the Energy sector, and Halliburton’s Landmark, today announced a partner agreement under which AIQ’s RoboWell autonomous well control (AWC) solution will be made available t…

DUBAI: Jebel Ali Free Zone (Jafza) and Eaton, a global intelligent power management company, today signed an agreement to build a new sustainable campus, bringing together Eaton’s Dubai-based commercial, manufacturing, and support functions while prov…

ABU DHABI: Presight, the region’s leading big data analytics company powered by generative AI, today announced a strategic partnership with Wand AI, a leader in intelligent human-AI collaboration based in the US, offering best-in-class enterprise-grad…

Business confidence among major Japanese manufacturers improved from three months ago in June, marking the first improvement in two quarters, the Bank of Japan said Monday. The central bank’s quarterly survey showed the business sentiment index among …

ABU DHABI: Al Yah Satellite Communications Company (Yahsat) has selected SpaceX for the launch of its advanced new geostationary satellites Al Yah 4 (AY4) and Al Yah 5 (AY5) using SpaceX’s flight-proven Falcon 9 rocket.

The agreement is an important …

DUBAI: Jebel Ali Free Zone (Jafza) and Eaton, a global intelligent power management company, today signed an agreement to build a new sustainable campus, bringing together Eaton’s Dubai-based commercial, manufacturing, and support functions while prov…