AI can revolutionize work and productivity, but balanced regulation is crucial to prevent misuse, Stephen Pagliuca of Bain Capital tells...
The US Federal Reserve's favored measure of inflation ticked higher last month, according to government data published. The latest announcement...
Aramco is expected to post a bumper profit for the second quarter of this fiscal on the back of high...Bank of America predicts a net profit of $24 billion in the second quarter, up 16 percent from the previous three months
JPMorgan estimates $23.7 billion, while Alrajhi Capital is expecting Aramco to report $25.3 billion
Saudi Venture Capital Company (SVC) has funded nearly 75 startups since its birth in 2018, providing them with about $250...SVC has $750 million to invest and has deployed around $250 million thus far: CEO Nabeel Koshak
The company is currently focusing on sectors that lack funding, such as the health and industrial sector: Koshak
Saudi Arabia has received warm praise about its improved rankings on a number of global lists from the US State...It highlights the great progress made by the kingdom in its ‘investment and business climate’ over the past two years
Efforts to provide more jobs for Saudis and diversify the economy raised some concerns in the annual Investment Climate Statements
Saudi Basic Industries Corp. (SABIC) has reported a big jump in second-quarter profit as it sold more chemicals at higher...Net profit jumped 57 percent to $2.04 billion in Q2
Selling prices increased 10 percent, sales volumes rose 3 percent
Airlines across the world took a heavy beating from the Covid pandemic lockdown, posting on the whole net losses to...IATA said passenger numbers were down 60 percent year-on-year
The Middle East was the worst impacted, with a 67.6 percent fall in passenger numbers compared to Asia-Pacific, the least impacted with a decrease of 53.4 percent
Group CEO says the bank geared towards benefitting from the re-opening of the Dubai economy post Covid-19 pandemic.Group CEO says the bank geared towards benefitting from the re-opening of the Dubai economy post Covid-19 pandemic.
The enhancement of FOL was executed through the Dubai Financial Market.
An apartment in Marsa Dubai sold for AED 508 million and properties worth AED 4 billion mortgaged.91 plots of land sold for AED 715.83 million and 1,083 apartments and villas for AED 2.53 billion.
An apartment in Marsa Dubai sold for AED 508 million and properties worth AED 4 billion mortgaged.
Businessmen on both sides to exchange knowledge and ideas to create opportunities for collaboration.A delegation from Kurdistan region was briefed about investment environment in Fujairah.
Businessmen on both sides to exchange knowledge and ideas to create opportunities for collaboration.
4,384 real transactions worth AED 11.18 billion made, majority of these in secondary, ready properties.
A year after posting billions in losses, Saudi British Bank (SABB), an affiliate of HSBC Holdings, has posted a sizeable...
