DUBAI, 8th August, 2023 (WAM) — DXB LIVE, the experiential agency of Dubai World Trade Centre (DWTC), announced a 20% business growth in the first half of 2023, compared to the corresponding period in 2022. The agency successfully served 100 distingu…
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China denies deliberately seeking trade surplus with EU
China said Tuesday it has never deliberately sought a trade surplus with the EU.The surplus is a natural result under the combined influence of different industrial structures, specialization, ways of trade and external factors, noted an unnamed spoke…
Japan, Bahrain exchange diplomatic notes on investment deal
Japan and Bahrain on Monday exchanged diplomatic notes regarding the entry into force of the bilateral investment agreement between the two countries, the Japanese Foreign Ministry said.The exchange took place in Manama, the ministry said in a stateme…
Samsung Unveils Latest Galaxy F34 Phone
Samsung announced its latest Galaxy F-series devices with the Galaxy F34. The software side is covered by One UI 5 based on Android 13 while the battery comes in at 6,000 mAh and supports up to 25W charging.The phone ships with Android 13-based OneUI …
India’s energy consumption growing at three times the global average, says Oil Minister
New Delhi, 6th;supAugust, 2023 (WAM) India’s energy consumption is growing at three times the global average, the Minister for Petroleum and Natural Gas, Hardeep Singh Puri, said. By keeping domestic fuel prices “affordable” for consumers and by maki…
OPEC+ renews commitment to oil market stability
The 49th Meeting of the Joint Ministerial Monitoring Committee (JMMC) of OPEC+ took place via videoconference Friday with renewed commitment to oil market stability, and commending Saudi Arabia’s decision on extending voluntary oil supply reduction fo…
Burjeel Holdings’ H1 2023 net profit up 47% to AED225 million
ABU DHABI, 4th August, 2023 (WAM) — Burjeel Holdings today announced its financial results in accordance with International Financial Reporting Standards (IFRS) for the three-month and six-month period ended 30th June 2023. The company reported a net …
AGRICULTURE MINISTER BOUND FOR SYRIA TO DISCUSS MECHANISM OF JOINT ARAB ACTION
Caretaker Minister of Agriculture, Abbas Hajj Hassan, and the CEO of the Arab Organization for Agricultural Development, are heading to Syria to discuss the mechanism of joint Arab-Arab action and to discuss the projects that the organization is imple…
ADNOC to acquire 30% equity stake in Absheron gas field
ABU DHABI, 4th August, 2023 (WAM) — Abu Dhabi National Oil Company (ADNOC), the State Oil Company of Azerbaijan (SOCAR) and TotalEnergies today announced a strategic transaction that will see ADNOC acquire a 30% equity stake in the Absheron gas and co…
Saudi Stock Exchange Main Index Ends Trading Lower at 11375 Points
The Saudi Stock Exchange main index ended trading lower today, losing 102.50 points to close at 11375 points.The total value of trading reported was SAR 5.7 billion, while the total number of shares traded was 257 million.The Saudi Parallel Market Inde…
TECOM group H1 2023 revenue surpasses AED1 billion
DUBAI, 2 August 2023 (WAM) — TECOM Group, the creator of specialised business districts and vibrant communities, today announced its financial results for the second quarter (Q2) and the first half of the year (H1) ending 30 June 2023. The Group deliv…
Dubai Maritime Authority introduces new administrative decision on transparency of local sea container charges
DUBAI, 1st August, 2023 (WAM) — The Dubai Maritime Authority (DMA) at the Ports, Customs and Free Zone Corporation, the regulator of the shipping and maritime sector in Dubai, today announced the introduction of Administrative Decision No. 2 of 2023 o…