Browsing: Business

A move away from conducting financial transactions through Western payment systems, including SWIFT, is vital for Russia and its trading partners, the head of the country’s second-largest lender has said.

The company’s ‘future prospects are positive’, and it is expected to continue its strong financial performance supported by strong operational performance and higher commodity prices

Deputy Prime Minister and Foreign Minister Ayman Safadi and EU Commissioner for Neighbourhood Policy and Enlargement Oliver Varhelyi on Tuesday discussed the Jordanian-European partnership

The program, according to a SAMA press release, is an apprenticeship that aims to employ and develop local investment professionals

Honey production has also seen a notable rise, reaching 3,120 tons annually in 2023, a 41% increase compared to 2021

BEIJING/SINGAPORE – Carbon capture, utilisation and storage (CCUS) is unlikely to play a major role in decarbonising the global steel industry due to low capture rates, high costs and a track record of underperformance, a think tank said in a report on Wednesday.

Saudi Arabia’s Ajlan & Bros Holding has submitted a letter to the Egyptian government, expressing its interest in developing an integrated tourism project in Ras Gamila, Sharm El-Sheikh, in the coming period, Cairo 24 reported, citing sources familiar with the matter.

The owners of the remains of the Starbucks chain in Russia have asked a court to terminate legal protection of the American company’s trademarks, a court document has revealed.

German Chancellor Olaf Scholz has spoken in favor of opening the European market to Chinese automakers as long as they compete “fairly” with other manufacturers.

Samsung has overtaken Apple to reclaim its position as the globe’s top smartphone maker, preliminary data released by the research firm International Data Corporation (IDC) on Sunday showed. The South Korean tech giant lost the top spot to its US rival last year.