Recent Posts

UAE’s Hope Probe to launch to Mars in second half of 2020

DUBAI / WAM The UAE Space Agency (UAESA) and the Mohammed bin Rashid Space Centre (MBRSC) have confirmed that the launch of the Emirates Mars Mission (EMM)’s Hope Probe, is in less than a year. MBRSC said it plans to launch the Hope Probe into orbit around mid-July 2020, and it is expected to reach Mars orbit in the first ...

Read More »

Noor Bank net profit rises record 29% in H1

DUBAI / Emirates Business Noor Bank, one of the leading Shari’ah-compliant banks in the UAE, has announced a record net profit of AED410 million in H1 2019, notching up a 29 percent increase over the first six months of last year and an 11 percent increase on the 2017 full-year net profit. Noor Bank’s revenue rose by seven per cent ...

Read More »

Trade war and US shale to keep lid on oil: Indian refiner

Bloomberg The US-China trade war and the growth of American oil supply will keep crude prices in check, notwithstanding Middle East tensions, according to the head of one of India’s biggest refiners. Brent crude will likely remain in a range of $60 to $70 a barrel and could fall towards $60 if demand worsens, said Mukesh Kumar Sura-na, the chairman ...

Read More »
Send this to a friend