Cross-border payments and financial inclusion drive stablecoin popularity
London, United Kingdom -- Stablecoins -- a form of cryptocurrency backed by traditional assets -- are gaining traction, with the...Business Economy
Saudi EXIM Bank signs MoU with Credit Oman to boost bilateral exports
Copenhagen, Denmark -- The Saudi Export-Import Bank (Saudi EXIM) participated as a sponsor of the TXF Global 2025 conference held...Business
Goldwind 2024 revenue up 12.5%
The clean energy giant posted $7.8bn in revenue for 2024.Net profit last year also saw growth, rising nearly 40 percent percent to 1.9 billion yuan.
China now dominates the global wind sector in terms of total installed capacity, aided over the years by generous strategic subsidies from Beijing.
A dirham and a dream: Matthews Southwest’s Jay French on future of UAE real estate
From an institutional investor-based viewpoint, it is becoming of interest more now than it ever has been. And that's a...From a trading location, it's always had a great history. Now it's just multiplying and multiplying and multiplying and building success on success, he said.
the Future was a really bold statement by the Prime Minister's office to show locally and regionally as well as globally the world, what it stood for, French said.
Automakers lead market losses after Trump tariffs on imported vehicles
Wall Street's main indexes opened in the red, with General Motors sinking more than nine percent in early trading while...Among European auto firms, Volkswagen shed 2.4 percent, Porsche was down around 3.5 percent, Mercedes lost four percent and BMW fell 2.7 percent.
In Mumbai, India's Tata Motors, which exports Jaguar Land Rovers to the United States, lost more than five percent.
Emaar to pay $2.39bn dividend
The company had posted $19bn in property sales for 2024.Emaar’s revenue backlog from property sales exceeded AED110 billion (US$30 billion), supporting future revenue generation.
Total revenue for 2024 reached AED35.5 billion ($9.6 billion), marking a 33 percent year-over-year increase.
Aramco acquires stake in BHIG
The 50% equity interest in BHIG is Aramco-APQ joint venture.The agreement brings together experts in their respective fields to provide the Jubail Industrial City area with hydrogen, including lower-carbon hydrogen, at scale.
BHIG is expected to commence commercial operations to produce blue hydrogen in coordination with Aramco's carbon capture and storage (CCS) activities in Jubail.
ADNOC L&S okays $273m dividend
The final dividend of $136.5m will be paid on April 3.ADNOC L&S delivered exceptional financial growth, driven by strong market demand, strategic acquisitions, and operational efficiency, the company said.
Revenue increased 29 percent year-on-year to over $3.5 billion (AED13 billion), while net profit rose 22 percent to $756 million (AED2.7 billion).
Samsung TV pioneer Han Jong-hee dies of heart attack at 63
Samsung Electronics co-CEO Han Jong-hee, credited with boosting the South Korean tech giant's television business on the global stage, died...Han joined Samsung in 1988 and was seen as having played a key role in getting its high-end TV sets noticed worldwide
Samsung Electronics is the flagship subsidiary of South Korean giant Samsung group, by far the largest of the family-controlled conglomerates
Stock markets rise on fresh hopes for Trump’s tariff approach
Investor sentiment has been jolted in recent weeks by fears that the president's hardball policies could deal a painful blow...Gold held at around $3,030 an ounce (28.3 grammes), having hit a series of records last week to a peak of more than $3,057 owing to a surge in demand for safe havens.
Asian markets fluctuated through the day, with Tokyo falling while Hong Kong and Shanghai rose.
Does ‘vibe coding’ make everyone a programmer?
New York, United States -- Can a complete tech novice create a website using everyday language on ChatGPT? That's the...The ChatGPT and Claude interfaces can write an entire program line by line on demand, as can Gemini, which launched its dedicated version, Gemini Canvas.
Other generative AI platforms specifically dedicated to coding have also made their mark in recent months, from Cursor to Loveable, or Bolt, Replit and Windsurf.
ADNOC Gas to pay $3.41bn dividend
It includes $1.7 billion scheduled for distribution in Q2 2025.It reported a record adjusted net income of $5 billion, up 13 percent year-on-year, and strong EBITDA growth of 14 percent year-on-year to $8.65 billion.
ADNOC Gas' full-year 2024 results demonstrate the success of its disciplined strategy, unveiled in November 2024, the company said.
