RIYADH: German vehicle manufacturer Volkswagen is set to receive multi-million euros in profits as it sells large amounts of fuel, Bloomberg reported.
According to Bloomberg calculations, VW could receive around €400 million ($399 million) in profit.
The firm has sold 2.6 terawatt-hours worth of gas contracts, according to a document seen by Bloomberg News. The amount is enough to run around 200,000 normal, gas-heated homes for a year.
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LONDON: Qatari Interior Minister Sheikh Khalifa bin Hamad bin Khalifa Al-Thani discussed security coordination with…
Two security personnel have been killed in a Houthi missile attack targeting the presidential palace…
DUBAI: Egypt’s state grain buyer Future of Egypt has tightened quality requirements for wheat imports…