Pramod Kumar

The European Bank for Reconstruction and Development (EBRD) has lowered Turkey's economic growth forecast to 2.7 percent from 3 percent for 2024, due to rising inflation.

Net profit at Abu Dhabi National Energy Company (Taqa) dropped 82 percent to AED2.1 billion ($572 million) in the first quarter of 2024, from AED11.6 billion a year ago.

The global ports operator DP World has opened three new sites in Romania with an investment of €130 million ($142 million), enhancing the country's growing status as a key trade hub in Europe.

The agreement will give the consortium access to a 3,025 sq km area in West Suhag, allowing it to conduct the necessary development studies to progress the 10 gigawatts (GW) project.

Amanat Holdings is planning for a potential initial public offering (IPO) of its education platform.

A consortium that includes the UAE's Abu Dhabi Investment Authority has announced a voluntary offer to acquire all the shares in Malaysia Airports Holdings Berhad (MAHB) for nearly $4 billion.

The head of state-run Qatar Airways has urged Airbus and Boeing to address supply chain issues to prevent airlines from “bleeding”.

Kuwait-based logistics specialist Agility said first quarter 2024 earnings rose 22 percent year on year to KD18.7 million ($61 million)

Emirates suspended flights to Nigeria from September 1, 2022, due to the African nation's failure to repatriate millions of dollars in revenue.

The World Bank has signed a $1 billion programme with Turkey to fast-track the nation's renewable energy expansion initiatives.