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Adnoc awards $173m contract to boost production at Asab oil field
Adnoc awarded a contract worth $173 million to boost production capacity of Abu Dhabi's flagship Murban crude at one of its largest oil...
Fiat Chrysler's US unit to pay $300m fine after pleading guilty to 'dieselgate' conspiracy
Fiat Chrysler's US unit has pleaded guilty and agreed to pay $300 million in penalties in the long-running case over the automakers...
High-earning Americans living pay cheque to pay cheque after inflation surge
About 36 per cent of Americans earning an annual income of between $200,000 and $250,000 lived pay cheque to pay cheque in April as...
PIF-backed EV maker Lucid to produce 150,000 cars a year at its Saudi factory
Lucid Group, which is backed by Saudi Arabia's sovereign wealth fund, the Public Investment Fund (PIF), said its new factory in the...
Robo-advisers democratise investing and promote financial inclusion, experts say
The advent of robo-advisers in the Middle East and North Africa region has encouraged savings, improved investor decisions, democratised...
Elon Musk loses $12bn in a day as Tesla shares fall after boot from S&P 500 ESG Index
Billionaire businessman Elon Musk spent Wednesday on Twitter, announcing his political switch from Democrat to Republican, trashing ESG...
Dubai collector's rare Apple-1 computer up for auction
A rare Apple Computer 1 owned by a Dubai collector and signed by one of its creators is being auctioned next month, with its owner hoping...
Global cloud spending to hit $495bn in 2022, Gartner says
Global spending on public cloud services is expected to jump 20.4 per cent annually to $495 billion this year, as businesses expedite the...
Oil rally continues after EU proposal to ban Russian crude
Oil prices continued their ascent on Thursday as the EU moves towards a gradual phase-out of oil imports from Russia by the end of this...
Oil drops below $100 after IEA co-ordinates release
Oil prices dropped below $100 a barrel after the International Energy Agency co-ordinated a second release from its emergency stockpile...
Ukraine crisis and inflation weigh on ESG investment funds
Investment flows to environmental, social and governance (ESG) funds fell to $75 billion in the first quarter of this year amid a sharp...
Crypto platform's efforts to stop 'useless' carbon offsets backfires
Users of a little-known crypto platform called Toucan now account for purchases of more than a quarter of all carbon credits by the...
Four tips to help you thrive as a freelancer
The UAE made significant changes to its labour laws on February 2, making it easier for freelancers and gig workers to take on multiple...




















