New York, United States - CEO Elon Musk bought about $1 billion worth of shares in Tesla, according to a...
- Taif, Saudi Arabia -- The market value of the camels competing in the final rounds of the 2025 Crown Prince...
ABU DHABI, UAE - The UAE insurance sector continues to exhibit robust growth, as evidenced by a 9.6 percent increase...Central Bank of the UAE data shows that assets rose 3.05 percent from US$1 billion to US$ 34.7 billion between Q2 and Q3 of 2023.
The UAE's leadership position within the Arab insurance landscape is further solidified by its consistent ranking among the top global performers.
Google has agreed to settle a consumer privacy lawsuit seeking at least $5 billion in damages over allegations it tracked...The lawsuit, filed in a California court, claimed Google's practices had infringed on users' privacy by "intentionally" deceiving them
Lawyers for the plaintiffs were seeking at least $5,000 for each user it said had been tracked as they visited Google Analytics in private browsing mode
Riyadh, Saudi Arabia - Saudi Arabian Mining Company (Maaden) on Thursday announced a discovery of substantial gold reserves, marking a...The company's exploration program has led to discovery of a gold resource potential spanning across a 100-kilometer stretch from the existing Mansourah Massarah gold mine
As of year-end 2023, Mansourah Massarah boasted nearly seven million ounces of stated gold resources and a nameplate production capacity of 250,000 ounces annually
The company is leading equipment manufacturer for 5G.Sanctions since 2019 have cut the firm off from access to US-made components and technologies, forcing it to diversify its growth sources
In 2023, the group expected revenues of more than 700 billion yuan ($99.2 billion), Hu said - an increase of nearly nine percent from last year
- The car manufactured by Xiaomi likely to enter market by 2025.
Xiaomi boss Lei Jun took to the stage in Beijing Thursday to unveil the SU7, a sedan that is scheduled to enter the market in 2025
Xiaomi announced in 2021 to enter the highly competitive sector of electric vehicles manufacturing
QatarEnergy will supply 18m barrels of crude oil per year to Shell.QatarEnergy and Shell have a long-standing strategic partnership through several shared investments in the energy industry in Qatar and globally.
"We look forward to building on our historic relationship and hope we achieve greater success with Shell," said Saad bin Sherida Al Kaabi, CEO QatarEnergy
- KLP, which manages over 700 billion kroner ($70 billion), said the exclusion amounted to $15 million. The fund dropped 11...
Saudi Aramco was blacklisted due to its ties to the Saudi state and for "contravening expectations over climate and energy transition plans", the fund said.
In 2021, the fund excluded 16 companies with links to Israeli settlements in the West Bank, which are considered to be in violation of international law.
Emirates Stallions Group is an IHC subsidiary.AFKAR has been active in various sectors including commercial enterprise investment, institution and management.
AFKAR has recorded a 13 percent increase in assets and a 10 percent rise in revenue during the past 3 years, underpinned by a workforce of over 600 employees.
- Dubai – An innovative agricultural project in the United Arab Emirates, has generated $5.6 million euros from carbon credit sales. The...
Carbon credits are permits that allow a company to emit a certain quantity of greenhouse gases, with one credit equaling the emission of one ton of carbon dioxide
Companies are allocated a specific number of these credits, and If they reduce their emissions and have surplus credits, they can sell these to other companies
Through their AI chatbots, the companies "seek to free-ride on The Times' massive investment in its journalism by using it...The Times, one of the most respected news organizations in the United States, is seeking damages, as well as an order that the companies stop using its content
While no sum is specifically requested, the Times alleges that the infringement could have cost “billions of dollars in statutory and actual damages"
