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Drydocks World, the service provider to the marine, offshore, oil, gas and renewable energy sectors, held a steel-cutting ceremony to commence production on single point mooring buoy “Lekki SPM Project”...
Venezuela's oil revenue has collapsed 99 percent over the last six years, President Nicolas Maduro said, blaming financial sanctions put in place by the US for much of the...
Statistics released by Dubai Customs have revealed that Dubai's external trade in coffee generated Dhs3.5 billion in the last ten years. Dubai acts as a central logistic hub linking...
Britain's economy shrank by a record 19.8 per cent in the second quarter, entering recession on the coronavirus lockdown, but the contraction was less severe than first thought, official...
Gold was set for its biggest monthly decline in nearly four years, led lower on Wednesday by a stronger dollar as caution returned to markets after the first US...
Saudi Arabia's economy shrank by 7% in the second quarter, a sign of how deeply the new coronavirus hit both the oil and non-oil sectors, official data showed on...
French consumer spending rose 2.3% in August, defying market expectations for a second straight month of falling expenditure, official data showed on Wednesday. The average forecast in a Reuters...
Oil prices fell for a second day on Wednesday, extending large losses from the previous as rising coronavirus cases heading into the northern winter prompted concerns about further restrictions...
Khalifa Fund for Enterprise Development has officially launched the ‘SME Rating’, a digital classification system that provides a comprehensive overview of the logistics, operations and overall performance of SMEs. The...
Japan’s Nippon Telegraph and Telephone Corporation(NTT) said it would spend 4.25 trillion yen ($40 billion) to take its wireless carrier business private, in a deal that opens the path to...
