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Korea’s daily maximum power demand hits record in August

SEOUL: The Republic of Korea’s average daily maximum power demand reached a new high in August as the country experienced scorching summer heat that persisted throughout the month, Yonhap News Agency reported, citing Korea Power Exchange on Monday.

T…

du announces strategic partnership with IGCF 2024

DUBAI: du, from Emirates Integrated Telecommunications Company (EITC), today announced its participation in the International Government Communication Forum (IGCF), hosted by the Sharjah Government Media Bureau in line with du’s commitment to fosterin…

ADIB achieves AA ESG rating upgrade from MSCI

ABU DHABI: Abu Dhabi Islamic Bank (ADIB) has received an upgrade in its Environmental, Social, and Governance (ESG) rating from MSCI, a leading global provider of ESG indexes.

ADIB’s rating has been elevated to AA (on a scale of AAA-CCC) from A in th…

European Stocks Decline at Start of Today’s Trading

European shares inched lower on Monday as investors braced for a data-intensive week and awaited speeches from several European Central Bank officials, keenly watching for clues about the central bank’s policy direction in the coming week.

The pan-Eu…

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