Abu dhabi: Al Seer Marine (ASM), a subsidiary of IHC, has secured a significant AED760 million (US$207 million) financing facility from Abu Dhabi Commercial Bank PJSC (ADCB). This eight-year facility is backed by first-priority mortgages over a select…
Texas: More than 100 people are confirmed dead and at least 161 are missing as search and rescue operations in central Texas entered a fifth day Tuesday after heavy rainfall overwhelmed the Guadalupe River, sending floodwaters roaring through homes an…
Abu dhabi: UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and Azerbaijan President Ilham Aliyev witnessed the signing of a Comprehensive Economic Partnership Agreement (CEPA) between the two nations. This agreement aims to drive joint e…
Beijing: China’s consumer price index (CPI), a main gauge of inflation, rose by 0.1 percent year-on-year in June, as reported by the National Bureau of Statistics (NBS) on Wednesday. The increase reflects a modest uptick in consumer prices across the …
Vienna: OPEC Secretary-General Haitham Al-Ghais emphasized the significance of the 9th OPEC International Seminar, calling it a major event on the global energy calendar. In his opening remarks in Vienna, Al-Ghais welcomed energy ministers, industry l…