Mumbai: Drydocks World, a DP World company, and Cochin Shipyard Limited (CSL) have signed an Agreement of Heads of Terms to evaluate and develop India’s first ship repair cluster at the International Ship Repair Facility (ISRF) in Cochin, Kerala.

Ac…

Abu dhabi: The Central Bank of the UAE (CBUAE) has announced a reduction in the Base Rate for the Overnight Deposit Facility (ODF) by 25 basis points, moving it from 4.15% to 3.90%. This change will take effect on Thursday, 30 October.

According to …

Kuwait city: Kuwait crude oil dropped by US$2.59 on Tuesday to settle at US$66.21 per barrel, down from the previous day’s price of US$68.80 per barrel, the Kuwait Petroleum Corporation (KPC) announced on Wednesday.

According to Emirates News Agenc…

Abu dhabi: The Federal Authority for Nuclear Regulation’s (FANR) Secondary Standard Dosimetry Laboratory (SSDL) has been officially accepted as a member of the Consultative Committee for Ionizing Radiation (CCRI) under the International Committee for …

Dubai: Dubai Aerospace Enterprise (DAE) Ltd reported a 100 percent year-on-year increase in profit before tax to US$653 million for the nine months ended 30th September, 2025, driven by the full integration of Nordic Aviation Capital (NAC), acquired e…

Abu dhabi: The International Renewable Energy Agency (IRENA) is set to convene its 30th Council meeting tomorrow in Abu Dhabi to review progress on the Agency’s work and consider collective priorities to accelerate the global energy transition, as pre…

Dubai: The Ministry of Economy and Tourism affirmed that the Sustainability and Innovation Centre will support the sustainable tourism and green entrepreneurship sectors in Expo City Dubai, highlighting plans to establish a Green Intellectual Property…

Dubai: The Ministry of Economy and Tourism affirmed that the Sustainability and Innovation Centre will support the sustainable tourism and green entrepreneurship sectors in Expo City Dubai, highlighting plans to establish a Green Intellectual Property…