London, United Kingdom -- Precious and industrial metals are surging to record highs as the year ends, driven by economic...
Sair, Palestinian Territories - Despite the catastrophic state of the Palestinian economy, Faraj al-Atrash, operator of a quarry in the...
Palo Alto, United States - Palantir, an American data analysis and artificial intelligence company, has emerged as Silicon Valley's latest...The company's reach spans the global economy, with banks, hospitals, the US government, and the Israeli military among its ever-expanding client roster
"We want and need this country to be the strongest, most important country in the world," Alex Karp, Palantir's CEO, recently declared at a client conference in Palo Alto
Dubai, UAE -- Dubai International Financial Centre (DIFC), the leading global financial center in the Middle East, Africa and South...The total number of active registered companies reached 7,700, up from 6,153 in H1 2024 - a 25 percent year-on-year increase.
The number of professionals working in DIFC rose to 47,901, marking a significant 9 percent increase from 43,787 a year earlier.
- Brussels, Belgium -- The European Commission on Monday announced an investigation into the takeover of German chemical firm Covestro by...
"The commission has preliminary concerns that foreign subsidies granted by the UAE could distort the EU internal market," a statement by the bloc's executive arm said.
Plastics maker Covestro accepted a bid -- valuing the company at 12 billion euros ($14 billion) -- from the Abu Dhabi National Oil Company in October.
- Geneva, Switzerland -- The world urgently needs to find a global approach on regulating artificial intelligence, the United Nations' top...
Doreen Bogdan-Martin, head of the UN's International Telecommunications Union (ITU), said regulation was key as concerns rise over fast-moving technology.
Bogdan-Martin, the first woman to serve as ITU secretary-general in the organization's nearly 160-year history, also stressed the need to get more women into the digital space.
- Q2 net profit fell by 18% to $637 million.
Revenues also declined in the second quarter by 14 percent year-on-year to 18.8 billion euros, the company said in a statement.
The oil giant also confirmed its production target of 1.7 million barrels of oil a day for the current year, despite a three percent decline in the second quarter.
Total income rose by 12 percent in the same period.Lending increased by AED41 billion, or 8 percent, during the first half of 2025, fueled by very strong demand both in the UAE and across its growing international network.
Operating profit grew 9 percent as the strong loan and deposit growth momentum easily absorbed earlier interest rate cuts.
The Harburg Group -- led by American Ben Harburg -- said it had "officially completed the 100 percent acquisition of...Last season, Al Kholood finished ninth out of the 18 teams in the Saudi Pro League.
The Harburg Group currently owns a 6.5 percent stake in Cadiz, a club in Spain's second division.
Dubai, UAE — DP World Trade Finance has mobilized more than US$1 billion in working capital to support businesses across...This was achieved through a combination of DP World’s own lending operations and partnerships with over 32 global financial institutions.
DP World Trade Finance has enabled trade across Africa, the Americas, Asia, and Europe, supporting sectors such as agriculture, metals, automotive, and engineering.
Q2 pre-tax net profit increases by 14 percent.Total income for H1 2025 rose 11 percent to AED5.9 billion, up from AED5.3 billion in H1 2024.
Non-funding income rose 15 percent year-on-year to AED2.3 billion in H1 2025, up from AED2 billion in the prior-year period.
- Bulk of funds to go into a Virginia manufacturing center.
"Today’s announcement underpins our belief in America’s innovation in biopharmaceuticals," the statement quoted CEO Pascal Soriot as saying.
The company said it expects 50 percent of its revenue to come from the United States by 2030.
