Business

ABU DHABI: The UAE’s accession to the BRICS group has embodied its commitment to multilateralism and constructive dialogue, aiming to support development, prosperity, and wellbeing for nations worldwide.

This move aligns with the UAE’s long-standing …

DUBAI: The Italian pavilion at the 26th Water, Energy, Technology and Environment Exhibition (WETEX) will host 44 companies specialising in renewable energy systems, environmental health and food sanitation, integrated waste treatments, environmental …

SEOUL: Exports of hybrid cars by Hyundai Motor Co. and its affiliate Kia Corp. jumped 35.2 percent on-year in the first seven months of this year, industry data showed Sunday.

Yonhap news agency quoted data the Korea Automobile and Mobility Associati…

BEIJING: China State Railway Group Co., Ltd. on Saturday reported steady operation in the first half of the year, with total operating revenue and net profit reaching 579.4 billion yuan (about US$ 81.46 billion) and 1.7 billion yuan, respectively.

Ra…

Preparatory meetings for the 114th session of the Arab Economic and Social Council (AESC) will kick off on Sunday at the Arab League’s headquarters in Cairo to discuss cooperation issues in social and economic fields.

The council’s 114th session will…

Kuwaiti Minister of Public Works Noura Al-Mashaan paid an inspection visit on Saturday to the site of Mubarak Al Kabeer Port project on Bubiyan Island, along with some senior state officials and a visiting Chinese delegation.

The visit comes within t…

Oil prices edged higher on Friday amid concerns over global supplies.

Brent crude futures for October delivery expire on Friday rose 23 cents, or 0.3%, to $80.17 a barrel.

The West Texas Intermediate for October delivery gained 20 cents, or 0.2%, to…

Eurozone inflation fell to its lowest level in three years this month, reinforcing expectations of another interest rate cut by the European Central Bank (ECB) in September.

According to preliminary data released by the European statistics agency Eur…