Browsing: Business

MENA Newswire News Desk: The International Finance Corporation (IFC), a member of the World Bank Group, achieved record-breaking financing of $56 billion during the fiscal year ending June 30, 2024. Of this total, 40% was allocated to climate-related projects from

MENA Newswire News Desk: In a bid to strengthen trade ties between Asia and Africa, the Indian Chair of the World Trade Organization Chairs Programme (WTO-WCP) hosted a high-level meeting on October 3, 2024, focusing on the theme “Fostering Resilient

MENA Newswire News Desk: A new report by the International Energy Agency (IEA) reveals a surge in low-emissions hydrogen projects, driven by increasing investment and development. However, the report underscores the need for stronger policies to boost demand in critical sectors such as heavy

MENA Newswire News Desk: The Abu Dhabi Securities Exchange (ADX) executed 15 large direct transactions today, involving shares from ADNOC Gas Plc and Modon Holding PSC. The total value of these deals reached AED2.66 billion, according to data released by

MENA Newswire News Desk: Britain’s last coal-fired power plant, Ratcliffe-on-Soar, closed on Monday, marking the end of 142 years of coal-powered electricity in the country that ignited the Industrial Revolution. The plant, located in central England, officially ceased operations at

MENA Newswire News Desk: Dubai, 26th September 2024 – The Dubai Multi Commodities Centre (DMCC) is set to host the inaugural Dubai Diamond Week from November 11th to 15th, marking the first global gathering of the diamond industry in Dubai.

MENA Newswire News Desk: Al Seer Marine, a subsidiary of International Holding Company (IHC), has expanded its fleet with the delivery of two new MR tankers, M.T. Betelgeuse and M.T. Bellatrix. These vessels are the first of six New Building

MENA Newswire News Desk:  Abu Dhabi Finance Week (ADFW), the flagship financial event for the MEASA region, is set to return in 2024 under the patronage of H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu

MENA Newswire News Desk: The International Renewable Energy Agency (IRENA), in partnership with the COP29 Presidency and Azerbaijan’s Ministry of Energy, announced today that the first Energy Transition Investment Forum for Central Asia will be held in Baku on November

MENA Newswire News Desk:  VERSES AI Inc., a leader in cognitive computing, announced today a new collaboration with Analog, an edge computing company, for the development of smart city projects in Abu Dhabi. The first initiative will focus on improving