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Day: May 31, 2025

Hybrid Vehicle Sales Surge in US as Electric, Plug-In Vehicle Shares Remain Stagnant

May 31, 2025 by emadmin

Washington: About 22% of light-duty vehicles sold in the first quarter of the year in the United States were hybrid, battery electric, or plug-in hybrid vehicles, up from about 18% in the first quarter of 2024. Among those categories, hybrid electric …

Categories Business, Trading

OPEC+ Countries Plan 411,000 Barrels Per Day Production Adjustment in July 2025

May 31, 2025 by emadmin

Vienna: The eight OPEC+ countries, which previously announced additional voluntary adjustments in April and November 2023, namely Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman, met virtually on 31 May 2025 to review global mar…

Categories Business, Trading

ADNOC Expands STEM Education Programme to Empower UAE Students in AI

May 31, 2025 by emadmin

Abu Dhabi: ADNOC has expanded its Science, Technology, Engineering and Mathematics (STEM) education programme to empower UAE students in artificial intelligence (AI) and advanced technology through an initiative called ‘STEM for Life: Future of AI Sch…

Categories Business, Trading

Italian Pavilion Unveils Rare Diamond Collection at Watch and Jewellery Middle East Show

May 31, 2025 by emadmin

Sharjah: The 55th Watch and Jewellery Middle East Show, organised by Expo Centre Sharjah with support from the Sharjah Chamber of Commerce and Industry (SCCI), features a distinguished presence by the Italian pavilion that unveiled a rare collection o…

Categories Business, Trading

Indonesia’s B50 Biodiesel Plan Set to Influence Global Crude Palm Oil Prices

May 31, 2025 by emadmin

Jakarta: Indonesia’s plan to produce and promote the use of Biodiesel 50 (B50) is expected to drive up global crude palm oil (CPO) prices, according to Agriculture Minister Andi Amran Sulaiman. B50 is a fuel blend consisting of 50 percent biofuel-deri…

Categories Business, Trading
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