Browsing: Business

The decades-old global consensus that’s allowed e-commerce and a growing tidal wave of data to cross borders without tolls is at risk of falling apart.

The Dubai-based budget carrier FlyDubai saw record profits of $572 million in 2023, boosted by carrying the most passengers ever across its network, the company announced on Thursday.

Reddit on Thursday told US stock regulators that it plans to go public on the New York Stock Exchange under the symbol “RDDT.”

Iraq on Friday reopened its North Refinery in Baiji that was shut for a decade during the violence and chaos that followed the US-led invasion in 2003 which made it nearly impossible to run one of the country’s most vital energy complexes.

South Africa’s government will draw down 150 billion rand ($7.93 billion) over the next three years from a central bank-administered contingency account to limit borrowing, the National Treasury said on Wednesday.

Bank recommends investors diversify asset allocation as economic volatility likely to continue in 2024

Nickel prices were heading for their biggest weekly gain in seven months on Friday as expansion of Western sanctions against Russia triggered covering of bets on lower prices of the metal.

Abu Dhabi-backed ADQ will acquire development rights for $24bln, Egyptian government to retain a 35% stake in project

The programme reflects the proactive approach of the UAE in envisioning the future

The meeting, attended by Deputy Director General for North Africa Malinne Blomberg, focused on a series of cooperation projects underway