Articles
Edunation raises $3m from US-based Rubix amid exponential growth in EdTech sector
The company recorded a 1,200% growth in users on its platform over the past year
Crude advances as Opec+ set to open taps at next meeting
WTI, which settled just shy of $75 a barrel on Friday, is up by about 53% this year
UAE consumers see Covid-19 affecting retail spending well into 2022, survey says
Widespread vaccinations key to restoring confidence in shopping at brick-and-mortar shops
Bahrain's GFH acquires FedEx-leased warehouse in Ohio for $100m
The investment company is looking to capitalise on tailwinds from strong growth in the e-commerce sector
Iran election outcome may weigh on nuclear deal talks and economic recovery, IIF says
Limited agreement would mean GDP growth of 4.1% next year, while a more comprehensive agreement would trigger a 6% expansion
Sheikh Mohammed approves new structure of Dubai Chamber entities
Plans to split roles across three units were first announced in March
Brent rallies close to $76 as markets remain tight
Oil also gained from a projected drawdown of US crude inventories
Global passenger airlines 'moderately positioned' to adapt to carbon neutral future, Moody's says
The aviation sector faces technological challenges in the transition to a low-carbon energy system future
Falling costs of renewables could lower cost of developing hydrogen, Irena says
Costs for concentrated solar power fell by 16% last year, while wind fell by 13%
Engie-led consortium reaches financial close on Jubail desalination plant
The plant, which is based on reverse osmosis technology, will produce 570,000 cubic metres per day of potable water supply
Fertiglobe to join Adnoc's blue ammonia project in Ruwais
Blue ammonia is a more easily transportable fuel source made from blue hydrogen
Brent rallies to above $75 for first time in more than two years as market fundamentals tighten
The oil benchmark is up 40% this year as the world's largest economies rebound from the pandemic
Oil prices could reach $80 per barrel, Iraq's Oil Ministry says
Crude continued to rally following the election of Ebrahim Raisi as Iran's new president
US likely to set higher social cost of carbon next year, Bank of Singapore says
Carbon taxes are an indirect form of taxation, which charges emitters for each tonne of greenhouse gas that is emitted
Adnoc awards $510m contract to Saipem to expand capacity at Shah gas plant
Expansion project will increase plant capacity by 13% to 1.45 billion cubic feet per day by 2023
