Business

ABU DHABI: The Central Bank of the UAE (CBUAE) has revoked the licence of Muthoot Exchange, an exchange house operating in the UAE, and struck its name off the Register, pursuant to Article 137 (1) of the Decretal Federal Law No. (14) of 2018 regardin…

ABU DHABI: Emirates Global Aluminium (EGA) today announced its intention to acquire 80 percent of the American aluminium recycling firm Spectro Alloys Corporation. The current owner-managers will retain a 20 percent shareholding.

EGA and Spectro Allo…

ABU DHABI: The Petroleum Products Trading Committee of Abu Dhabi held its third meeting of 2024, chaired by Dr. Saif Saeed Al Qubaisi, Acting Director-General of Regulatory Affairs at the Department of Energy and Chairman of the Committee.

The meetin…

ABU DHABI: Emirates Global Aluminium (EGA) today announced its intention to acquire 80 percent of the American aluminium recycling firm Spectro Alloys Corporation. The current owner-managers will retain a 20 percent shareholding.

EGA and Spectro Allo…

PARIS: France’s private sector expanded in August for the first time since April, driven by the upturn in services activity, flash survey results from SandP Global showed on Thursday.

The composite output index rose to 52.7 in August from 49.1 in Jul…

Doha: In a pioneering step, Qatar General Electricity and Water Corporation “KAHRAMAA” has successfully implemented the procedures of Internal Control over Financial Reporting (ICOFR), becoming one of the first government entities in Qatar to adopt th…

ABU DHABI: Abu Dhabi National Energy Company (TAQA) and JERA, Japan’s largest power generation company, today announced the financial closing of Najim Cogeneration Company Limited, a new industrial steam and electricity cogeneration plant that will pr…

BEIJING: Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, said that Dubai-based Emirati companies had invested a total of $1.4 billion in the Chinese market from 2015 to 2023.

Lootah highlighted the increasing interest of Dubai-based …