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British mortgage approvals fall to six-month low in February

British mortgage approvals cooled to a six-month low in February ahead of a rise in transaction taxes on many house purchases while consumer lending grew at the joint-slowest pace in...

I didn’t say that

With the improvements in AI there is a fear of deep fakes of politicians being used to interfere with elections. Politicians could be ‘copied’ and then fake messages will be...

Unfortunate attack

The Russia and Ukraine war has a very bad impact on not only both the countries but also on the rest of the world. It’s time to start negotiations for...

Adnoc Drilling to acquire two offshore jack-up drilling units

Adnoc Drilling Company announced it has signed a Sale and Purchase Agreement (SPA) to acquire two additional premium offshore jack-up drilling units. The two new rigs have a combined...

Abu Dhabi to finance Dhs24 million Mauritania fishing port project

Abu Dhabi Fund for Development (ADFD) has signed a Memorandum of Understanding with the Government of Mauritania to finance a major refurbishment and modernisation project valued at around Dhs24 million...

Dana Gas collections up 106% in H1

Dana Gas, the Middle East’s largest regional private sector natural gas company announces that its H1 2021 collections from the Kurdistan Region of Iraq (KRI), and Egypt, have increased 106...

Moro Hub signs deal with Huawei to build solar-powered data centre

Moro Hub (Data Hub Integrated Solutions ), a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (Dewa), has signed an agreement with Huawei to build...

India plans to offer $4.6 billion incentives for EV battery makers

India plans to offer $4.6 billion in incentives to companies setting up advanced battery manufacturing facilities as it seeks to promote the use of electric vehicles (EVs) and cut down...

India’s capital account inflows to rise upto $67.3 billion in FY21

Swelling foreign exchange reserves along with a current account surplus, has aided the Indian rupee to remain broadly stable since mid-March 2020, India Ratings and Research said on Thursday. ...