Abu dhabi: IHC, a global investment company focused on building dynamic value networks, on Tuesday announced that it has received all requisite regulatory approvals to acquire approximately 41.5 percent stake in Sammaan Capital Limited on a fully dilu…
Seoul: The Republic of Korea’s industrial output posted its fastest growth in five years and eight months in February, driven by gains in manufacturing and services, government data showed Tuesday. Industrial production rose 2.5 percent from a month e…
Yaoundé: The WTO’s 14th Ministerial Conference (MC14) concluded on 30 March in Yaoundé, the capital of Cameroon, with ministers adopting a number of decisions as well as making a commitment to continue work in Geneva on key outstanding issues.
Accord…
Dubai: Dubai’s Roads and Transport Authority (RTA) has opened the door for the expansion of licencing for new technical vehicle testing and registration centres in three key locations across the emirate, namely Deira, Bur Dubai, and Mohammed Bin Rashi…
Abu dhabi: Abdulla bin Touq Al Marri, Minister of Economy and Tourism, stated that the UAE is continuing to bolster its status as a leading regional hub for economic activities in the food sector, under the directives of its wise leadership. He emphas…
Dubai: OMNIYAT continues to advance project delivery across its portfolio, supported by a fully funded US$11.7 billion development pipeline currently under construction and progressing in line with schedule.
According to Emirates News Agency, this d…
Vienna: XRG, ADNOC’s international investment arm, and OMV Aktiengesellschaft (OMV) today announced the successful formation of Borouge Group International AG, to operate under the brand name ‘Borouge International’. It is the world’s leading pure-pla…
Abu dhabi: E Point Zero Holding RSC LTD (ePointZero), a subsidiary of Two Point Zero Group PJSC, has entered into an agreement to acquire a 100% stake in US-based Traverse Midstream Partners, LLC in a deal valued at US$2.25 billion. Founded in Abu Dha…