The International Air Transport Association (IATA) has released data on global passenger demand for September 2024, showing that total demand, measured in revenue passenger kilometers (RPK), increased by 7.1% compared to September 2023.
The UAE Central Bank has reported that net international reserves of the country's banking sector increased by 11.1% (or 127.5 billion dirhams) in the first seven months of 2024 and reached 1.273 trillion dirhams by the end of July.
Kuwait's official news agency (KUNA) quoted the Kuwait Oil Company (KPC) as reporting that the country's oil price rose by 63 cents to $75.10 per barrel on Tuesday.
Masdar (Abu Dhabi Future Energy Company) has signed a joint study agreement with Sarawak Energy and Malaysia's clean energy solutions provider Gentari.
ADNOC announced today at the ADIPEC exhibition the signing of the first long-term purchase and sale agreement (SPA) for the low-carbon liquefied natural gas (LNG) project in Ruwais region.
Shri Hardeep S. Puri, Minister of Petroleum and Natural Gas and Minister of Housing and Urban Affairs of India, at the ADIPEC 2024 conference described the UAE as one of the leading producers of vital energy that has made significant progress in the energy transition phase.
The potential of artificial intelligence (AI) in transforming the energy industry and accelerating decarbonisation has become a hot topic among energy ministers and business leaders at ADIPEC, the world's largest energy event currently underway in Abu Dhabi.
Hamriyah Free Zone Authority (HFZA) of the UAE, which participated in the 'Critical Process Equipment Days' event in Italy, showcased investment opportunities.
The European Council in Brussels has announced that the European Union and its member states contributed €28.6 billion in public climate financing during 2023 and mobilised an additional €7.2 billion in private financing to support developing countries in reducing greenhouse gas emissions and adapting to the effects of climate change.
Emirates National Oil Company (ADNOC) and 44.01 announced that they plan to develop a carbon-to-rock project in the Emirate of Fujairah after a successful trial.
The Central Bank of the United Arab Emirates (CBUAE) has announced that by July 2024, the total capital and reserves of active banks in the country will exceed 500 billion dirhams for the first time.
The Securities and Commodities Authority of the Emirates (SCA) said in a statement that with the aim of training staff for jobs in the financial sector, it has held the second course of its financial market pioneers program in the Dubai branch.
Dubai Chambers said in a statement that it has signed a memorandum of understanding with DMCC (Dubai Multi-Commodity Centre), aimed at promoting Dubai's position as a global destination for digital investments.
China Central Television (CCTV) reports that a city in Zhejiang province in the east of this country, by applying technology-based agriculture, which is carried out with the guidance and participation of farmers from the China National Rice Research Institute (CNRRI), a large and high-quality product from terraced rice fields.
Total M1 money supply increased by 0.6 percent from 884.1 billion dirhams at the end of June 2024 to 889.3 billion dirhams at the end of July 2024, the UAE Central Bank said.
A nuclear reactor in northeastern Japan, in the area where the 2011 tsunami struck, shut down again just days after starting up, Kyodo News reported, citing a nuclear power plant operator.
In a statement, the Dubai Electricity and Water Authority (DEWA) has asked its customers to take necessary precautions and precautionary measures before the start of the rainy season.
