Chipmaker Intel has agreed to give the US government a 10-percent stake in its business, the company and President Donald...
- Sydney, Australia - Australia's national newswire has agreed to provide content to Google's Gemini artificial intelligence to improve its responses,...
The four engineering, installation and procurement contracts will increase production at the Al-Shaheen oilfield -- the country's largest -- by...Al-Shaheen currently produces 300,000 barrels per day and is operated through the North Oil Company, a joint venture between QatarEnergy and France's TotalEnergies.
QatarEnergy said the third phase of expansion at Al-Shaheen, which began production in 1994, will be implemented over five years.
The company recorded its highest-ever revenue of AED 2.2 billion.The lease of industrial lands witnessed a strong demand in 2023, as the occupancy rate rose to 94 percent, compared to 81 percent in 2022.
The company has recommended a dividend payout of AED400 million to the company's shareholders for the second half of 2023.
It made record profit on the back of higher interest rates.The Spanish lender added five million customers last year, bringing the total to 165 million worldwide
Lenders across Europe have reported bumper earnings after central banks worldwide hiked rates
The company said sales leaped to $62 billion in Q3.The company said sales leaped to $62 billion for the October to December period, up 18 percent year-on-year and above the $61.1 billion projected by analysts
Revenue for Microsoft's Azure cloud services jumped by 30 percent in the period, driven by the bigger computing needs that come with the adoption of AI
Alphabet reported a profit of $20.7 billion.Alphabet reported a profit of $20.7 billion on revenue of $86.3 billion, with strong contributions from video-sharing platform YouTube and its cloud computing unit
Google ads brought in a total of $65.5 billion in the quarter, compared with $59 billion in the same period the prior year, according to the earnings report
- In recent years, China's auto sector has grown remarkably largely because of massive investments in electric cars, an area where...
Japan's vehicle production in 2022 excluding motorcycles totalled 7.84 million units
China's BYD this month snatched Tesla's crown for most sales of all-electric vehicles
Its board has proposed a cash dividend of US$76.24m.The upswing in profit was propelled by a significant uptick in trading activities, capital inflow and a notable influx of new investors
The bourse consolidated its status as a premier market for IPOs, with the listing of Dubai Taxi Company and Al Ansari Financial Services
Abu Dhabi, UAE-- Looking to enhance economic ties between the UAE and the United Kingdom, Abdulla bin Touq Al Marri,...The discussions to boost trade ties took place during a UAE delegation's visit to the UK to participate in Investopia London, to be held on January 31, 2024
The UAE minister said the relations between the two countries serve as a prime example for advanced strategic ties and exceptional economic partnership
Its operating profit for Q4 was US$2.1bn.The company posted a 73.4 percent drop in net profit to $4.8 billion
It blamed interest rate policies and geopolitical issues for the drop
- The 2024 outlook for the MENA region's project market is exceptional, with an anticipated surpassing of $270 billion in value,...
The 2024 outlook for the MENA region's project market is exceptional, with an anticipated surpassing of $270 billion in value, according to a latest report.
The surge in the GCC project awards, especially in gas and construction sectors, reflects a robust economic recovery and strategic investments driving growth.
