Saturday, May 15

Tag: Breaking News: Middle East

Oil giant Saudi Aramco beats estimates with 30% hike in 1st-quarter earnings
World

Oil giant Saudi Aramco beats estimates with 30% hike in 1st-quarter earnings

Oil giant Saudi Aramco reported a 30% bounce in internet earnings Tuesday, in a signal of a ongoing recovery from the previous year's oil market crash that saw whole-12 months earnings for the point out business slashed in 50 percent. In a release printed Tuesday, the firm reported web profits rose to $21.7 billion in the first a few months of the year, up from $16.6 billion in the identical period of time previous yr.It defeat some analysts' estimates of $17.24 billion, inspite of reduced oil creation in February and March. The determine nears the firm's net money stage in the to start with quarter of 2019, which was $22.2 billion.The firm stated free hard cash movement in the very first quarter of 2021 was $18.3 billion, up from $15 billion more than the same interval previous 12 month...
UAE gets to be the 1st Arab place to achieve Mars
World

UAE gets to be the 1st Arab place to achieve Mars

An Emirati walks past a screen exhibiting the "Hope" Mars probe at the Mohammed Bin Rashid Area Centre in Dubai on July 19, 2020.GIUSEPPE CACACE | AFP by way of Getty PicturesDUBAI, United Arab Emirates — The United Arab Emirates has created history as the to start with Arab nation to arrive at Mars.The Emirates Mars mission, named the Hope probe, attained the crimson earth at 7:42 p.m. Tuesday, Emirates time, despatched its sign back to Earth just in excess of 50 % an hour afterwards. The floor manage staff at the Mohammed Bin Rashid House Centre in Dubai erupted in cheers. "204 days and extra than 480 million kms later on, the #HopeProbe is now in the Capture Orbit of #Mars," the formal Twitter account of the Hope Mars Mission tweeted shortly afterward, with the hashtag #ArabsToMars.Th...