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Tesla Q1 sales sink 13 percent

The dip occurred amid lower production during factory upgrades.

AD Ports Group 2024 revenue $4.70bn

The Group's EBITDA increased by 69 percent YOY.

Tesla sales tumble in Europe in Q1

The company suffered from boycotts against the policies of Elon Musk.

Ford’s US Q1 auto sales dip

But its Q1 figures exceed a forecast by Edmunds

Vanke reports annual loss of $6.8 bn

The property giant attributes loss to falling sales and shrinking profit.
  • OptiNAND: WD’s new disk feature

    Data retention, performance enhanced in the new architecture.

    OptiNAND offers customers a solution to meet the demand for storing vast amounts of data.

    A drive works smarter with enhanced firmware algorithms.

  • Lebanon crisis may fuel bread shortage

    The Lebanese flour millers' association has said mills might gradually stop working as fuel supplies run out. This, when the...

    This is the latest casualty of fuel shortages in Lebanon, where hospitals have already warned that they are hanging on by a thread

    The overall shortage of power-generating fuel has resulted in protracted power cuts in the country, forcing medical facilities to run generators, which too need fuel to run

  • Emirates to receive three A380 by November

    The delivery will take the airlines' total fleet of A380s to 188 units.

    Airline to also reinstate A380 flights on key destinations worldwide in October

    The deliveries will bring the carrier’s total fleet of A380s to 188 units in November, when the last double-decker is scheduled to arrive 

  • UAE forms new law to punish erring ministers and officials

    Any minister or senior official found guilty of corruption could be relieved of their job.

    People can submit complaints directly to the public prosecution

    Those accused may see their travel permits revoked, and even assets frozen

  • Price tag on the planet? Helping business value nature

    Putting a monetary value on nature means that damaging resources such as breathable air and drinkable water becomes not just...

    Experts are divided on how to measure "natural capital", and some argue that it should not be done at all.

    As the IUCN World Conservation Congress kicks off in France on Friday, conservation of nature will remain an urgent question.

  • Meat grown in lab to be on menu in MENA

    An American startup Eat Just has tied up with Doha Venture Capital (DVC) and Qatar Free Zones Authority (QFZ) to...

    Facility to produce lab-grown meat without slaughtering livestock

    The large-scale plant, to be built in Qatar’s Umm Alhoul Free Zone, will house Eat Just’s cultured meat division, GOOD Meat

  • Stella Stays eyes $12bn Bahrain push

    This is part of its expansion plans in the Middle East region.

    Stella Stays operates a portfolio of managed properties in the UAE, Bahrain and Canada

    The startup, launched in late 2019, has grown to manage nearly 300 properties as of August

  • Israel mission in Dubai eyes Gulf oil deal

    Environmentalists had voiced anger over the plan to ship Emirati crude to Israel's Red Sea port of Eilat.

    Ilan Sztulman Starosta, who heads Israel’s first consulate in Dubai, expects the trade between the two countries to surpass $1 billion within a year.

    About 200,000 Israelis have visited the UAE since the establishment of ties.

  • Ooredoo’s B2B app makes business solutions easier

    Free to all Ooredoo business offers customers with around the clock access and two secured log-in access levels.

    Free to all Ooredoo business offers customers with around the clock access and two secured log-in access levels

    Employees can view their own accounts, pay personal bills, top-up credit and add roaming services

  • Consortium awarded exploration rights for Abu Dhabi’s Block 5

    ABU DHABI: The Abu Dhabi National Oil Company (ADNOC) on Tuesday awarded exploration rights for Abu Dhabi’s Offshore Block 5...

    The consortium will hold a 100 percent stake in the exploration phase.

    ADNOC has the option to hold 60 percent stake in production phase of the concession.

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