Browsing: Business

Bitcoin fell below $27,000 for the first time in over 16 months on Thursday. This was amid concerns about rising inflation and the collapse of a controversial stablecoin project. According to Bitstamp data, Bitcoin sank as low as $26,595.52 Thursday

The UN Food and Agricultural Organization (FAO) reports that world food prices decreased at the end of April after reaching an all-time high in March amid the conflict in Ukraine. In April, the FAO Food Price Index was 158.2 points,

Jordanian Finance Minister Mohammad Al-Ississ discussed ways to enhance bilateral cooperation in the areas of finance, tax and customs with Saudi Finance Minister Mohammad Al-Jadaan. In the course of the meeting which was held at the sidelines of the Joint

A number of Yemeni governorates continue to receive hundreds of tonnes of Ramadan rations that have been provided by the Emirates Red Crescent (ERC). Approximately seven million people are benefitting from the Ramadan Ration and Iftar programmes in Shabwa, Hadramaut,

As part of the Annual General Assembly Meeting, ADNOC Distribution shareholders approved a consistent and fully maintained second and final dividend payment of AED1.285 billion (10.285 fils per share) for the year ended 31 December 2021. This dividend payment comes

According to the latest data released by the National Centre for Statistics and Information (NCSI), the Sultanate of Oman’s Gross Domestic Product (GDP) at the end of December 2021 increased by 16.1% to RO 33.016 billion, compared to RO 28.442

Firmenich, the world’s largest privately owned perfume and taste company, inaugurated its new regional hub today at Dubai Science Park. The inauguration was attended by H.H. Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Civil Aviation Authority, and Chairman

The energy ministers from Kuwait and Saudi Arabia finalized a development plan for their joint offshore gas field, Dorra, which is capable of producing 84,000 barrels of gas condensate per day and one billion cubic feet of natural gas per

The annual Defence Exhibition and Conference (DIMDEX), the maritime defence exhibition held in Qatar, brings together military and defence companies from around the world. The regional navies send their ships and buyers to pick up the latest technologies that will

The Saudi Ports Authority (Mawani) launched the Smart Ports initiative that aims to automate operations in Saudi ports, with the presence of Minister of Transport and Logistics, Eng. Saleh bin Nasser Al-Jasser; Minister of Communications and Information Technology, Engineer Abdullah