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TAQA Q1 net income $571m

Net income fell $2.58bn due to one-off items recognized in 2023.

QatarEnergy buys stake in Egypt blocks

It did not disclose the cost of the agreement.

TSMC’s April revenue up 60%

It capitalized on huge wave of demand for chips used in AI hardware.

Etihad reports record Q1 profit

Total revenue increased by $269 million in the same period.

Aramco Q1 profit down 14.5%

Despite lower profit, it will pay $31bn in dividends to Saudi government.

‘Parliamentary diplomacy crucial in stopping wars’

He also points out the necessity of leveraging parliamentary diplomacy to avert wars and conflicts, through mediation and good offices...

‘UAE offers an economic model for all to emulate’

"This underscores our role in fostering development and regional and global cooperation, aiming to provide an economic model for all...

Gulf aviation industry sets sky-high standards

"The demand from certain sectors indicates a strong interest in First Class, prompting us to introduce a newly-designed First Class...
  • Qatar Airways CEO, Engr. Badr Mohammed Al Meer, emphasizes innovation in elevating customer experience amidst growing competition.
  • Digital innovation drives organizational efficiencies, supporting the expansion of Qatar Airways into growth markets like China and India.

Ajman eyes endowment-driven growth, social solidarity

"Reports with statistics on the number, types, values, and uses of endowments enable us to make appropriate decisions regarding endowment...
  • Ajman's 2023 endowment report reveals $541.6 million across 222 endowments, benefiting education, welfare, and mosque affairs.
  • The latest report notes high trust in endowment management, with 79 percent of endowments managed by related entities.

Doctors play key role in enhancing healthcare system

“Emirati doctors play a key role in enhancing the healthcare system and promoting health and wellness throughout society. We look...
  • UAE Minister of Health highlights the contributions of Emirati doctors on Emirati Doctor's Day.
  • Abdul Rahman bin Mohammad bin Nasser Al Owais praises doctors for their dedication and excellence.

Govt collaborations help Dubai lead in AI innovation

"Government entities must be thoroughly prepared for technological advancements that will change how they operate and provide services. A high...
  • UAE's Minister emphasizes the need for government entities to prepare for AI-driven changes.
  • Development of AI-related legislation will facilitate technology integration into government services.

‘Culture and arts bridge global understanding’

"They help to build and fortify important bridges between countries and peoples. Culture and the arts allow us to celebrate...
  • Sheikh Nahyan bin Mubarak Al Nahyan emphasizes culture and arts as catalysts for global respect and understanding.
  • UAE minister was attending the sixth Culture Summit Abu Dhabi that explores the role of time in reconciling humans with nature.

UAE achieves milestone in combating financial crimes

“It highlights the collaborative efforts of various committees, entities, and national bodies, including the Central Bank and the National Committee...
  • The FATF recognizes UAE's commitment to combating money laundering and terrorism financing.
  • UAE's national strategy aligns with international standards to ensure financial system integrity.

Qatar backs joint transition to low-carbon energy

Eng. Saad bin Sherida Al Kaabi notes that Qatar has consistently underscored its strong and supportive position regarding natural gas...
  • Qatar recognizes the urgent need for a shared vision towards a balanced and sustainable transition to low-carbon energy, amidst calls for the abolition of fossil fuels.
  • Ensuring security of energy supplies and market stability requires a unified effort, highlighting the role of natural gas in achieving equitable access to cleaner energy.

Investment and innovation behind Qatar’s tech success

Maher praises the Gulf country for its substantial efforts, investments, and innovative ideas that have transformed it into a prime...
  • With its outstanding digital infrastructure and business-friendly policies, Qatar is on the fast track to becoming a leading hub for tech startups and major companies
  • Hosting more than 15,000 participants from across the globe, Qatar demonstrates its capability to be at the forefront of the tech industry, fostering innovation.

WTO agri reforms key to global food and climate goals

"Australia maintains that global food security, climate, and biodiversity targets are unattainable without progress in agricultural trade reform, including the...
  • Australia emphasizes the need for agricultural trade reforms at the WTO for global sustainability.
  • Trade Minister Don Farrell leads discussions on trade reforms to combat poverty at WTO's MC13.

‘Emphasis grows on market protection over free trade’

"We believe that enhancing competitiveness and ensuring that the nations offering the best products and services come out on top...
  • Sweden remains committed to the rules-based international trade system amidst rising geopolitical tendencies.
  • Swedish Minister Johan Forssell calls for enhancing competitiveness over subsidy reliance for economic development.

‘Parliamentary diplomacy crucial in stopping wars’

He also points out the necessity of leveraging parliamentary diplomacy to avert wars and conflicts, through mediation and good offices...

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Doctors play key role in enhancing healthcare system

“Emirati doctors play a key role in enhancing the healthcare system and promoting health and wellness throughout society. We look...

Govt collaborations help Dubai lead in AI innovation

"Government entities must be thoroughly prepared for technological advancements that will change how they operate and provide services. A high...

‘Culture and arts bridge global understanding’

"They help to build and fortify important bridges between countries and peoples. Culture and the arts allow us to celebrate...

Most Read

Qatar backs joint transition to low-carbon energy

Eng. Saad bin Sherida Al Kaabi notes that Qatar has consistently underscored its strong and supportive position regarding natural gas...
  • Qatar recognizes the urgent need for a shared vision towards a balanced and sustainable transition to low-carbon energy, amidst calls for the abolition of fossil fuels.
  • Ensuring security of energy supplies and market stability requires a unified effort, highlighting the role of natural gas in achieving equitable access to cleaner energy.

Investment and innovation behind Qatar’s tech success

Maher praises the Gulf country for its substantial efforts, investments, and innovative ideas that have transformed it into a prime...
  • With its outstanding digital infrastructure and business-friendly policies, Qatar is on the fast track to becoming a leading hub for tech startups and major companies
  • Hosting more than 15,000 participants from across the globe, Qatar demonstrates its capability to be at the forefront of the tech industry, fostering innovation.

WTO agri reforms key to global food and climate goals

"Australia maintains that global food security, climate, and biodiversity targets are unattainable without progress in agricultural trade reform, including the...
  • Australia emphasizes the need for agricultural trade reforms at the WTO for global sustainability.
  • Trade Minister Don Farrell leads discussions on trade reforms to combat poverty at WTO's MC13.