Abu dhabi: UAE-based Global South Utilities (GSU), a Resources Investment Company, has signed a memorandum of understanding with Guyana Power and Light, the national electricity company of the Cooperative Republic of Guyana, to explore opportunities f…
Abu dhabi: Oil prices edged higher on Tuesday, but gains were limited as traders looked beyond easing geopolitical tensions in the Middle East and turned their attention to supply increases and demand prospects.
According to Emirates News Agency, B…
Abu dhabi: Naseej has signed 14 strategic Memorandums of Understanding to further strengthen its growing partnership ecosystem, which today includes more than 35 organisations and institutions across multiple sectors. These partnerships reinforce Nase…
Paris: OECD job markets have remained resilient, with total employment in OECD countries at an all-time high and projected to continue to grow this year and next. However, real wages remain below their levels five years ago in around one-third of OECD…
Dubai: Gold prices eased on Tuesday, trading below a two-week high, with investors awaiting the US Federal Reserve’s June meeting minutes for insight into new Chair Kevin Warsh’s monetary policy direction. Spot gold fell 0.6 percent to $4,138.32 per o…
Abu dhabi: ADNOC announced on Tuesday the signing of a 15-year Sales and Purchase Agreement (SPA) with INPEX CORPORATION (INPEX), Japan’s largest exploration and production company, for the supply of 1 million tonnes per annum (mtpa) of liquefied natu…
Abu dhabi: The Abu Dhabi Quality Policy Committee reviewed progress in implementing the Abu Dhabi Quality Policy during a meeting aimed at strengthening the emirate’s competitiveness and supporting the government’s ambition to position Abu Dhabi among…
Johannesburg: ADNOC Distribution announced that it has entered a definitive agreement to acquire 100 percent of the share capital of Shell Downstream South Africa (SDSA) from Shell South Africa Holdings. The acquisition, valued at approximately $1 bil…