by Jibran Munaf | August 31, 2024 | Technology
Reliance Industries Limited (RIL) Chairman and Managing Director Mukesh Ambani has announced the launch of the “Jio AI-Cloud Welcome Offer,” which will provide Jio users with up to 100 GB of free cloud storage. This initiative, set to roll out around...
by Jibran Munaf | August 31, 2024 | Corporate Finance, Energy
The Initial Public Offering (IPO) for NMDC Energy, a subsidiary of the NMDC Group, saw overwhelming demand, becoming oversubscribed within just a few hours of the first day of its subscription period, according to an announcement by NMDC Group on Monday. Strong...
by Jibran Munaf | August 31, 2024 | Commodities, Derivatives, Energy
OPEC+ is expected to move forward with its planned increase in oil production starting in October, according to six sources within the group. This decision comes despite concerns about weakening global demand, particularly from China, and aims to balance the market...
by Jibran Munaf | August 31, 2024 | Economy, Markets, News, Retail
Hong Kong’s retail sector continues to face significant challenges, with July retail sales falling 11.8% compared to the same period last year, marking the fifth consecutive month of decline. The total value of sales decreased to 29.1 billion Hong Kong dollars...
by Jibran Munaf | August 31, 2024 | Energy, News
The UAE fuel price committee has released the petrol and diesel prices for September 2024, which will be effective starting September 1. The new rates reflect a decrease across all fuel types compared to August prices, providing some relief to motorists. September...
by Jennifer George | August 30, 2024 | Energy, Industry, News
Despite evolving geopolitical tensions in the Middle East, the global price of oil remained stable, signaling a possible drop in petrol prices in the UAE. The UAE fuel price committee is expected to revise retail fuel prices for September to align them with global...
