ABU DHABI: Gross banks’ assets, including bankers’ acceptances, increased by 1.0 percent from AED 4,254.5 billion at the end of March 2024 to AED 4,296.5 billion at the end of April 2024, according to the Monetary and Banking Developments issued by …
China’s production and sales of new energy vehicles (NEVs) continued to maintain rapid growth in the first six months (H1) of this year, with the NEV market share steadily increasing in the domestic market.
During the period, the production of NEVs r…
Kuwait’s Minister of Electricity, Water and Renewable Energy and Minister of State for Housing Dr. Mahmoud Bushehri highlighted Kuwait’s investments in renewable and clean energy to raise its percentage of the total produced energy to 30 percent in th…
ABU DHABI: Fertiglobe announced today that it has been selected as the winning bidder to supply renewable ammonia to the European Union (EU) following a pilot auction by H2Global, an initiative funded by the German Federal Ministry for Economic Affair…
ABU DHABI: Abu Dhabi Distribution Company (ADDC), a subsidiary of the Abu Dhabi National Energy Company (TAQA), has launched its Energy Efficiency Clubs. This initiative is in collaboration with three of Abu Dhabi’s most prominent industrial sites: Ag…
The dollar was on the front foot on Wednesday, having rebounded from a three-week low, after Federal Reserve Chair Jerome Powell struck a cautious tone on how soon US interest rate cuts would come.
In the first day of his testimony to Congress overni…
YEKATERINBURG: Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, highlighted that the UAE’s participation as a Partner Country at INNOPROM 2024 International Industrial Trade Fair in Yekaterinburg, Russia, underscores the country’s …
The fifth session of the Japan-Arab Economic Forum launched on Wednesday in Tokyo, Japan. The two-day forum, organized by the General Secretariat of the League of Arab States and Japan’s Ministries of Foreign Affairs, and Economy, Trade and Industry, …
