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UAE is advancing stature in space sector due to its people’s ambition

ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, said the UAE is strengthening its stature in the space sector, due to its people’s determination and ambition, noting that Emirati astronaut Sultan Al Neyadi represents ...

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European gas prices advance on Russian pipeline uncertainty

Bloomberg European natural gas prices rose for a fourth consecutive session, with little clarity on future flows via a major Russian pipeline. While the Nord Stream pipeline is sending gas to Germany at a consistent rate of 40% of capacity following the end of maintenance on July 21, Russian President Vladimir Putin warned that this could decline to 20% if ...

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A US recession will also come to India’s tech hub

India’s tech industry is ruling out a US recession. Or so you would think from Infosys Ltd’s cheery forecast of 14% to 16% annual revenue growth, slightly better than what the country’s second-biggest exporter of software services was projecting just three months ago. The Bengaluru-based firm, which reported its June quarter earnings, is considered the industry’s weathervane. If it’s optimistic ...

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