Browsing: Business

Global rice prices dropped after India resumed non-basmati white rice exports, easing supply concerns for importers in Asia and Africa and stabilizing the market.

Britain’s last coal-fired power plant, Ratcliffe-on-Soar, closed on Monday, ending over 140 years of coal-powered electricity and marking a key step toward renewable energy.

OPEC Fund partners with Evocabank to provide a $10 million loan aimed at empowering Armenian MSMEs, with a focus on climate action and women-led enterprises.

Russia remains a major energy player despite global challenges, with over 90% of its energy exports going to friendly countries, Putin declared at the Russian Energy Week forum.

Dubai Maritime City announces infrastructure upgrades, doubling its vessel handling capacity to 1,000 ships annually and supporting more complex shipbuilding and repair projects.

The UAE and New Zealand concluded negotiations on a comprehensive trade partnership aimed at boosting economic ties and investment opportunities between the two countries.

Al Seer Marine adds two MR tankers to its fleet, boosting capacity for clean petroleum products and chemicals, aligning with its strategic growth in the UAE maritime industry.

Meta and Dubai Future Foundation launch the UAE’s first AI accelerator, aiming to connect startups with UAE corporates and drive innovation using Meta’s open-source AI model.

Abu Dhabi Finance Week 2024 will bring together over 300 global financial leaders, including CEOs of major institutions, to discuss finance, innovation, and collaboration.

Sheikh Mohammed greenlights AED10B plan for Dubai Exhibition Centre expansion, aiming to enhance Dubai’s global leadership in the MICE sector and attract major international events.