Gas from Russia’s Nord Stream 2 pipeline leaks into Baltic Sea
Danish authorities on Monday asked ships to steer clear of a five nautical mile radius off the island of Bornholm after a gas…
Category: Business & Finance
Shell sees 2024 global demand for aviation fuel return to level before pandemic
Global aviation fuel demand is expected to fully recover to pre-pandemic levels of 300 mln tons per year in the next one to…
Oil Updates — Crude slightly up; Iraq minister says OPEC monitoring oil prices; Qatar oil industry faces inflationary pressures
Oil prices rose on Tuesday, after plunging to nine-month lows a day earlier, on indications that the Organization of the Petroleum Exporting Countries,…
Saudi Capital Market Authority approves 3 new IPOs as listing wave continues
Saudi Arabia’s Capital Market Authority approved three initial public offerings in the midst of a listing wave on the Saudi bourses. The market…
War in Ukraine drags on global economy into 2023, OECD says
Russia’s war in Ukraine and the lingering effects of the COVID-19 pandemic are dragging down global economic growth more than expected and driving…
MBC Group and Dubai Business Women Council host Women in Media forum
The Dubai Business Women Council organized the “Women in Media” forum in collaboration with MBC Group, to discuss the role that media organizations…
Egypt aims to raise $6bn by selling stakes in state firms to revive economy
Egypt is planning to raise $6 billion by June 2023 through selling stakes in government companies as the nation tries to revive an…
Mediterranean Shipping Co. connects Jeddah Port with 10 global ports
Geneva-headquartered Mediterranean Shipping Co. will introduce a new call to its Himalaya Express Service to connect Jeddah Islamic Port with 10 global ports,…
Daman Investments launches UAE IPO fund for institutional investors
Dubai’s Daman Investments has launched a UAE initial public offering fund for professional and institutional investors, according to a statement. In line with…