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Aramco, PIF and China’s Baosteel steel JV

Saudi Arabia’s sovereign wealth fund PIF reports $11bn loss for 2022

Oil production to be hit after Saudi Arabia announces cuts. Image: Getty Images

Hot summer in the crude oil market as Saudi Arabia’s production cuts kick in

Crude oil market on tenterhooks over OPEC meet. Image credit: Getty Images

Voluntary oil supply cuts enough to balance the market: UAE

Saudi oil production cuts

Saudi oil cuts could trigger slowdown in economy

electric car

Oil is hard to quit, even in Norway where electric cars rule the road

Dubai tourism numbers for H1 2023

Dubai real estate market is world’s busiest for luxury properties over $10m

Smartwatches no longer a threat to pricey swiss timepieces

Smartwatches no longer a threat to pricey swiss timepieces, Morgan Stanley says

iraq

Oil holds gain as traders turn focus to decline in inventories

Meta

Meta launch of Twitter competitor ‘Threads’ expected soon

Temperatures are rising and hot areas create extreme drought conditions. Image credit: WMO

Monday was the hottest day ever as global temperatures rise

TweetDeck

Twitter to make TweetDeck available only to paid, verified users

emaar

Emaar shares push Dubai stocks to 2015 high as economic outlook lifts mood

Vision Pro

Apple sharply cuts Vision Pro headset production target

Apple

Apple eyes historic $3tn valuation amid big tech surge

Twitter

Twitter temporarily caps number of tweets users can see each day

HDFC

HDFC vaults into ranks of world’s most valuable banks

hotels

World’s best hotels: Multiple Dubai luxury properties in the list

Microsoft activision

Microsoft executive vows to keep ‘Call of Duty’ on Sony PlayStations

insurance

Minor fender bender? That will be $42,000, please

steel

Tata Steel says it won’t reach emissions goal with current tech

AI

AI founders vie for Big Wealth in unicorn frenzy

aspartame

World Health Organization to assess cancer risk of diet-soda sweetener aspartame

climate

Macron calls for fresh overhaul of global taxation to support climate finance: Paris Summit

Japan energy sources

Carbon tax for ships is supported by 22 countries at Paris Summit

Aston Martin partners with EV maker Lucid

Aston Martin partners with EV maker Lucid, extends Mercedes pact

hotel

Dorchester Collection to open first Dubai hotel by year end

renewable

Big oil’s green retreat helps clear the way for everyone else in renewables

most liveable cities

Discover the world’s most liveable cities in 2023

Israel - Air India, Lufthansa cancel flights (Image: supplied by Boeing)

Aircraft mega-deals prompt bubble warning from industry veterans

Bitcoin

Bitcoin set for best week since March fuelled by speculation over ETFs