FUJAIRAH: Fujairah Natural Resources Corporation (FNRC) today signed a cooperation agreement with the Ministry of Public Works in the State of Kuwait, with the aim of enhancing cooperation in areas of investment, development of mineral resources and m…

SHARJAH: The 11th edition of the Dibba Al Hisn Al Maleh and Fishing Festival will kick off next Thursday, 29th August, in the city of Dibba Al Hisn.

The festival, organised by the Sharjah Chamber of Commerce and Industry (SCCI) and the Dibba Al Hisn …

DUBAI: Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (DEWA), welcomed Ou Boqian, Consul-General of the People’s Republic of China to Dubai and the Northern Emirates, to enhance collaboration in the energy and water secto…

ABU DHABI: Mubadala Investment Company today announced its investment in Yondr Group, a leading global hyperscale data centre developer, alongside Apollo via an existing investment from Apollo-managed funds.

Yondr, headquartered in London, is a globa…

BEIJING: China’s central bank conducted 258 billion yuan (US$36.18 billion) of seven-day reverse repos at an interest rate of 1.7 percent Wednesday.

Xinhua News Agency quoted a statement from the People’s Bank of China as saying that the move aims to…

DUBAI: Dubai International (DXB) is gearing up to welcome 3.43 million passengers between 21st August and 2nd September as residents return from their summer vacations.

In a press release on Wednesday, DXB announced that it expects average daily traf…

WASHINGTON: Crude oil production in the United States will grow to an average of 13.7 million barrels per day (b/d) and marketed natural gas production will grow to an average of 114.3 billion cubic feet per day (Bcf/d) in 2025, according to the lates…