Business

Kuwaiti Minister of Finance Noura Al Fassam met Thursday with Turkish Minister of Treasury and Finance Mehmet Simsek, who is currently visiting Kuwait.

The meeting discussed ways to enhance economic and investment relations between the two countries…

ABU DHABI: Hafeet Rail, the developer and operator of the UAE-Oman Rail Network, has partnered with Progress Rail, a Caterpillar company, to supply 27 state-of-the-art EMD SD70ACS heavy-haul freight locomotives. The locomotives will be custom-designed…

ABU DHABI: Miral, the leading creator of immersive destinations and experiences in Abu Dhabi, and e and enterprise, the digital transformation arm of e and , have announced a partnership to develop the Yas Island Metaverse project.

The project will l…

ABU DHABI: The UAE Ministry of Investment co-hosted Investopia Global – Monaco today alongside Investopia in Monaco. This exclusive event brought together Monaco and French-based investors, principals, and Chief Investment Officers (CIOs) of family of…

DUBAI: Emirates Green Building Council (EGBC) has launched their Sustainability Lounge, a co-working space for members dedicated to advancing sustainable building practices. The lounge was inaugurated by Cristina Gamboa, CEO of the World Green Buildin…

KUWAIT: The Kuwaiti oil price fell 33 cents to US$77.29 per barrel (pb) on Thursday, compared to US$77.62 pb the previous day, state news agency (KUNA) reported, citing the Kuwait Petroleum Corporation (KPC) on Friday.

Globally, the price of Brent cr…

DUBAI: Dubai International Chamber, one of the three chambers operating under the umbrella of Dubai Chambers, has successfully concluded its trade mission to Serbia and Trkiye as part of the ‘New Horizons’ initiative.

The chamber signed seven Memoran…

ABU DHABI: ADNOC Onshore, a subsidiary of ADNOC, has partnered with Engineering for the Petroleum and Process Industries (ENPPI) to source steel pipes from local manufacturers for projects across its onshore fields, strengthening the UAE’s industrial …