September 2, 2024

SEOUL: The Republic of Korea’s average daily maximum power demand reached a new high in August as the country experienced scorching summer heat that persisted throughout the month, Yonhap News Agency reported, citing Korea Power Exchange on Monday.

T…

BEIJING: China’s 62-day summer travel season has concluded, with the railways handling 14.31 million daily average passenger trips between 1st July and 31st August, according to China State Railway Group Co., Ltd. (China Railway).

Xinhua news agency …

ABU DHABI: Borouge Plc, a leading petrochemicals company that provides innovative and differentiated polyolefins solutions, confirmed shareholder approval by its General Assembly Meeting (GAM) on 30th August of its half-year 2024 interim cash dividend…

DUBAI: DP World has completed the acquisition of Cargo Services Far East Ltd – a global supply chain provider headquartered in Hong Kong.

The acquisition process is officially complete, with plans for full integration over the next few months.

The c…

DUBAI: The Emirates Institute of Finance has announced the launch of Cohort 3 of the “Ethraa” programme, set to begin in September 2024 and conclude by year-end.

The announcement was made during a ceremony held at the institute’s campus in Dubai.

Th…

CAIRO: Juma Mohammed Al Kait, Assistant Undersecretary for Foreign Trade Affairs at the Ministry of Economy, has reaffirmed the UAE’s commitment to strengthening Arab cooperation and pushing it towards greater economic advancement.

He also emphasised…

SHARJAH: The Sharjah Investment Forum (SIF 2024), taking place from 18th to 19th September under the theme ‘A Futuristic Vision for Smart Economies’, will gather leading experts in innovation, technology, and sustainable growth at the Al Jawaher Recep…

ABU DHABI: Silal, the UAE’s leading food and technology company, has entered into an agreement to acquire a majority stake in Al Bakrawe Holding, a leading regional importer, exporter and distributor of fresh fruits and vegetables based out of the UAE…

Egyptian Space Agency (EgSA) CEO Sharif Seqdy discussed with Saudi Space Agency (SSA) CEO Mohammed bin Saud al Tamimi ways of boosting mechanisms of co-operation in the satellite technologies including the domains of manufacturing, operation, imaging,…

ISTANBUL: Between January and August, Trkiye’s exports amounted to $170.8 billion, up 3.9 percent compared to the same period last year, official data showed on Monday, in a trend that, accompanied by declining imports, helped send the country’s forei…