Seoul: The Republic of Korea’s consumer prices recorded their fastest growth in over a year in October, according to government data released on Tuesday. Figures from the Ministry of Data and Statistics showed that consumer prices, a key indicator of inflation, rose 2.4 percent year-on-year last month. According to Emirates News Agency, this marks the … Read more
Abu dhabi: The Abu Dhabi Department of Energy (DoE) has signed a Memorandum of Understanding with the Abu Dhabi Hazardous Materials Management Centre (ADHMMC) to develop an integrated regulatory and supervisory framework for managing hazardous and petroleum materials across the energy sector. The agreement strengthens institutional coordination, enhances regulatory efficiency, and ensures the highest standards … Read more
Abu dhabi: Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, affirmed that the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) continues to grow and evolve in both the quality of participation and the diversity of discussions, with artificial intelligence (AI) and advanced technology emerging as central themes. The event, he said, showcases … Read more
Abu dhabi: The price of Kuwaiti oil decreased by 69 cents to US$67.39 per barrel on Monday, in comparison to US$68.08 per barrel last Friday, as reported by the Kuwait Petroleum Corporation on Tuesday. According to Emirates News Agency, while the Kuwaiti oil price experienced a drop, the prices of Brent crude and West Texas … Read more
Abu dhabi: The 7th edition of the Adventure and Camping Exhibition 2025 concluded on Sunday at Expo Al Dhaid, achieving remarkable success and attracting over 12,000 visitors. Organised with the support of the Sharjah Chamber of Commerce and Industry (SCCI) and under the supervision of Expo Centre Sharjah, the five-day event reaffirmed its position as … Read more
Abu dhabi: OpenAI and Amazon have signed a landmark $38 billion deal that enables the ChatGPT maker to run its artificial intelligence systems on Amazon’s data centres in the United States. According to Emirates News Agency, OpenAI will be able to power its AI tools using ‘hundreds of thousands’ of Nvidia’s specialised AI chips through … Read more
Abu dhabi: The Hektoria Glacier on the eastern Antarctic Peninsula retreated at the fastest pace recorded in modern history in 2022, according to research published on Monday. Nearly 50 percent of the glacier disintegrated over two months, a team of researchers found after analysing geophysical data and satellite imagery over time. According to Emirates News … Read more
Abu dhabi: Dubai Electricity and Water Authority (DEWA) has invited qualified companies and consortiums to submit proposals for the seventh phase of the Mohammed bin Rashid Al Maktoum Solar Park. This phase aims to add 2,000 megawatts (MW) from photovoltaic solar panels and includes a 1,400MW battery storage system with a six-hour capacity, providing a … Read more