Business

Air Arabia expands European reach with daily flights to...

Air Arabia on Thursday announced the launch of its daily non-stop service connec...

Dubai Aerospace Enterprise to acquire ‘Macquarie AirFin...

Dubai Aerospace Enterprise (DAE) announced today that it had signed a definitive...

Dhs625.5 million net profit for Parkin in 2025

Parkin Company PJSC, the largest provider of paid public parking facilities and ...

Kosmos Energy Sells Producing Assets in Equatorial Guinea

Kosmos retains its interests in offshore exploration blocks EG-01 and EG-24, whi...

Infinity Completes $1.2B Utica Acquisition from Antero

In pro forma terms, Infinity said the acquisition propels it to a leading operat...

UK Drives Iberdrola Profit Growth

Iberdrola reported EUR 6.29 billion in net profit and EUR 6.23 billion in adjust...

EOG Posts Lower Q4 Profit

EOG reported $701 million in net profit and $1.22 billion in adjusted net profit...

ENGIE to Acquire UK Power Networks for $14B

ENGIE signed an agreement to buy UK Power Networks at an equity value of around ...

Seatrium Doubles Annual Profit

The Singapore-based offshore energy contractor reported around $256 million in n...

Ovintiv Launches $3B Share Repurchase Program

Ovintiv authorized a new share buyback program totaling $3 billion as it revised...

Amazon’s $50 billion OpenAI investment may hinge on IPO...

The development underscores intensifying competition among tech giants to secure...

Commercial EVs shift into top gear as fleet economics d...

In heavy commercial segments, consistent monthly utilisation of around 9,000 km ...

Apple to open its sixth India store in Mumbai suburb

The store will employ more than 70 people, and run entirely on renewable energy

Trump calls Amazon, Google and Meta to White House for ...

The initiative comes amid rising power prices and growing public backlash over d...

Banks snap up bonds as holdings approach regulatory floor

The revival in demand from local lenders — the biggest holders of bonds — offers...