Browsing: Business
MENA Newswire News Desk: ADNOC Gas has announced plans to acquire ADNOC’s 60% ownership stake in the Ruwais Liquified Natural Gas (LNG) project, with the transfer expected in the latter half of 2028 at an approximate cost of $5 billion.
MENA Newswire News Desk: Apple Inc. has reported record revenue in India for yet another quarter, underscoring the growing demand for its high-end products in the country. During a recent earnings call, CEO Tim Cook highlighted India’s standout performance, noting
MENA Newswire News Desk: Dubai Aerospace Enterprise (DAE) has announced a net profit of $310.8 million for the first nine months of 2024, a 54.9% increase compared to the same period in 2023, reflecting an additional $110.2 million. This growth
MENA Newswire News Desk: Corporate direct financing in South Korea saw a substantial increase in September, driven by a surge in debt sales, according to data released Tuesday by the Financial Supervisory Service. Local companies raised a total of 31.6
MENA Newswire News Desk: Russia’s gross domestic product (GDP) grew by 4.2 percent during the first eight months of 2024, Prime Minister Mikhail Mishustin announced at the Made in Russia Export Forum. The rise in GDP highlights the resilience of the
MENA Newswire News Desk: Kuwait crude oil prices saw a sharp increase of $4.5, reaching $75.40 per barrel on Wednesday, compared to $70.90 the previous day, according to the Kuwait Petroleum Corporation (KPC). This significant rise follows a surge in
MENA Newswire News Desk: The World Economic Forum (WEF) today unveiled its Playbook of Solutions, a comprehensive digital platform designed to enhance clean energy investments in emerging markets. The platform breaks down 100 policy measures and finance mechanisms that have
MENA Newswire News Desk: Khalifa Economic Zones Abu Dhabi (KEZAD) and UAE-based developer Azizi Developments have signed a 50-year land lease agreement to construct 12 advanced factories in KEZAD Al Ma’mourah. The AED1 billion project will meet the growing demand
MENA Newswire News Desk: Federal Reserve Chair Jerome Powell reiterated Monday that the central bank will take necessary measures to maintain the economy’s strength, although future interest rate cuts will likely come in smaller increments. Speaking during a Q&A session
MENA Newswire News Desk: Global rice prices declined on Monday following India’s decision to resume non-basmati white rice exports, marking a significant shift in the global rice market. India, the world’s largest rice exporter, lifted the export ban it imposed last