BusinessLatest Business and Company Updates
Oil Prices Drop as OPEC+ Production Forecasts Loom Large
Oil prices declined on Monday as market participants adjusted their strategies in light of anticipated increases in OPEC+ production starting in October. The price of Brent crude fell to $86.20 per barrel, while West Texas Intermediate (WTI) dropped to $83.10 per barrel, reflecting the market's response to new supply forecasts
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Saudi Arabia and Ethiopia Create Business Council to Expand Economic Partnership
Saudi Arabia and Ethiopia have launched a new business council to deepen economic cooperation and boost trade between the two nations. The Federation of Saudi Chambers made the announcement following the approval by the General Authority for Foreign Trade, underscoring
Shapoorji Pallonji Unveils Dubai Residential Flagship
Shapoorji Pallonji has inaugurated its maiden international residential project, Imperial Avenue, in Downtown Dubai, solidifying its presence in the competitive global luxury real estate market. The completion of the 45-storey tower, a prominent addition to Dubai’s skyline, signals the formal
Agthia Group Acquires Riviere to Strengthen UAE Water Market Position
Abu Dhabi-based Agthia Group has approved the acquisition of a 100% stake in Riviere Mineral Water Desalination & Filling Factory, including its branches and subsidiaries, through its subsidiary Al Ain Food & Beverages. This strategic move is set to expand
