Noha Makram – Live – Oil prices rebounded on Thursday, as expectations of further cuts in crude oil production for the rest of 2023 outweighed fears of weak global growth and rising US inventories. The International Energy Agency said yesterday, Wednesday, that the Kingdom of Saudi Arabia and Russia’s continued reduction in their production will … Read more
By Le Figaro with AFP Published 1 hour ago, Updated 1 hour ago The country’s stocks were filled by an additional 4 million barrels. jutawat / stock.adobe.com With an additional 4 million barrels, commercial crude oil inventories rose more than expected last week, according to figures released Wednesday by the U.S. Energy Information Administration (EIA), … Read more
Abu Dhabi – Mubasher: Abu Dhabi Future Energy “Masdar” – the largest clean energy producer in the United Arab Emirates – plans to double its capacity this year, helping to boost the country’s green potential ahead of a major climate conference. Mohammed Jameel Al Ramahi, CEO of the company – which manages projects from the … Read more
Abu Dhabi – Mubasher: The value of real estate transactions in the Emirate of Abu Dhabi since the beginning of this year has reached about 52.6 billion dirhams. According to the Dari platform of the Department of Municipalities and Transport in Abu Dhabi. The platform indicated that this was through implementing about 13.64 thousand sales … Read more
By Le Figaro with AFP Published 4 hours ago, Updated 4 hours ago The New York Stock Exchange opened slightly lower on Friday. SPENCER PLATT / AFP The New York Stock Exchange opened slightly lower on Friday, attempting a timid rebound after three sessions of decline, in the absence of major macroeconomic news in the … Read more
Abu Dhabi – Mubasher: ADNOC Gas, the global gas processing company, has signed an agreement to supply liquefied natural gas with PetroChina International Limited, a subsidiary of PetroChina Limited, one of the leading oil and gas producers and distributors in China. The company stated, in a statement, that the value of the agreement ranges from … Read more
By Le Figaro with AFP Posted 1 minute ago, Just updated The New York Stock Exchange opened lower on Wednesday. MICHAEL M. SANTIAGO / AFP The New York Stock Exchange opened lower on Wednesday, still concerned about global economic conditions and the specter of a return to high inflation with soaring oil prices. In early … Read more
By Le Figaro with AFP Posted 8 minutes ago, Just updated The British company Arm, a subsidiary of the Japanese SoftBank, is a world reference in semiconductors manufactured under license for the global smartphone market. DADO RUVIC / REUTERS British microprocessor champion Arm, a subsidiary of Japan’s SoftBank, is aiming for a valuation of up … Read more
Mubasher: By the end of trading today, Monday, gold prices headed towards a slight decline amid scant trading, supported by a slight decline in the dollar. There was little change in gold in spot transactions at $ 1939.61 an ounce, after it rose to the highest level in a month at $ 1952.79 on Friday. … Read more
Cairo – Omar Hassan: The US Federal Reserve left the door open to expectations regarding the fate of the interest rate during its next meeting in September, after its recent decision last July to raise interest rates by 25 basis points. The Fed mortgaged the fate of interest with the following economic data, on the … Read more