Browsing: Business
In a setback to the vibrant housing sector, the U.S. saw a slight dip in new single-family home sales in June, after a triumphant surge over three consecutive months. The overarching trend, however, remains resilient, buoyed by the enduring demand
Masdar and Iberdrola have entered into a strategic agreement to co-invest in Baltic Eagle, a 476-megawatt (MW) offshore wind farm situated in the German Baltic Sea. Under the terms of the agreement, valued at around €1.6 billion, Iberdrola will retain a majority 51% stake
Mubadala Energy, a global energy player, and Pertamina, Indonesia’s state-owned integrated energy firm, have joined forces. The collaboration focuses on energy transition initiatives, specifically exploring the potential of carbon capture, utilisation, and storage (CCUS) applications in Indonesia. The partnership aligns with Mubadala Energy’s mission
The world watched as the United Arab Emirates (UAE) and Turkey took a significant stride in their relationship. The leaders of the two nations, President Sheikh Mohamed bin Zayed Al Nahyan of the UAE and Turkish President Recep Tayyip Erdogan,
In a groundbreaking report published on Monday, Goldman Sachs predicts that India is poised to surpass not only Japan and Germany but also the United States, becoming the world’s second-largest economy by 2075. This projection reflects India’s remarkable growth potential
The advent of Meta’s Threads app, while a significant milestone in the social media sphere, has raised significant concerns for Twitter, particularly amidst recent internal turbulence. Twitter, once a colossus in the microblogging space, now finds itself in precarious waters,
The UAE Cabinet, led by Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has made significant decisions during its meeting at Qasr Al Watan, Abu Dhabi. The establishment of the
The UAE Cabinet, led by Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has made significant decisions during its meeting at Qasr Al Watan, Abu Dhabi. The establishment of the
Tarek El Molla, the Minister of Petroleum and Mineral Resources of Egypt, unveiled his country’s ambitious plan to invest $1.8 billion in offshore exploration for new gas wells in the Mediterranean Sea and the Nile Delta. Under this program, Egypt
Tarek El Molla, the Minister of Petroleum and Mineral Resources of Egypt, unveiled his country’s ambitious plan to invest $1.8 billion in offshore exploration for new gas wells in the Mediterranean Sea and the Nile Delta. Under this program, Egypt