The dividend represents 100 percent of its share capital. The company reported record property sales of approximately $19.4 billion in...
Higher land plot sales boost revenue and operating income.
The World Economic Forum has named BlackRock CEO Larry Fink and Swiss entrepreneur André Hoffmann as interim co-chairs, with both...“We are honored to take on this leadership role on an interim basis at a pivotal time for the World Economic Forum,” Fink and Hoffmann said in a joint statement
The two leaders stressed that the WEF is uniquely positioned to bridge divides a time when the world more fragmented and complex than ever
Bitcoin hit a new peak at $124,514.59 in Asian trading, before cooling to around $121,500. The world's biggest cryptocurrency is...Bitcoin is also winning investor support thanks to strong backing for the cryptocurrency sector from Trump.
Most European equity indices climbed after major Asian peers ended lower.
The group's revenue reached $7.73 billion.This growth was led by higher pass-through costs in the Transmission & Distribution (T&D) segment.
The group reduced its gross debt position to AED61.7 billion, enabled by scheduled repayments and the maturity of a corporate bond.
San Francisco, United States -- Elon Musk has accused Apple of unfairly favoring ChatGPT on its App Store and threatened...OpenAI and xAI both released new versions of their AI assistants, ChatGPT and Grok, in the past week.
App Store rankings listed ChatGPT as the top free iPhone app on Tuesday, with Grok in fifth place.
- San Francisco, United States -- Perplexity AI offered Google on Tuesday $34.5 billion for its popular Chrome web browser, which...
The sum proposed in a letter of intent by Perplexity is nearly double the value of the startup, which was reportedly $18 billion in a recent funding round.
Google is awaiting a US District Court judge's decision on how to address its illegal monopoly in online search.
- Zakopane, Poland -- Saudi photographer Fahad Alayyash gazed over the Alpine-like panorama of the Tatras, Poland's highest mountain range --...
Up to seven flights fly daily from the Gulf region at nearby Krakow Airport.
Arab customers constitute up to 30 percent of all summer guests at his five-star hotel in Zakopane.
Hong Kong, China -- Embattled property giant China Evergrande Group said Tuesday it will delist from Hong Kong Stock Exchange...The Hong Kong bourse's listing committee decided to cancel Evergrande's listing as it had failed to meet a July deadline to resume trading, according to an exchange filing.
Once China's biggest real estate firm, Evergrande was worth more than $50 billion at its peak and helped propel the country's rapid economic growth in recent decades.
The company’s revenue reached $2.43bnADNOC L&S’s Q2 revenue increased by 40 percent year-on-year (YoY) to US$1.258 billion (AED 4.618 billion)
In H1 2025, the company’s revenue was $2.439 billion (AED 8.9 billion), a 40 percent YoY increase.
- Abu Dhabi, UAE -- Abu Dhabi’s artificial intelligence (AI) sector witnesses a 61 percent increase between June 2023 and June...
Globally, there are approximately 90,904 AI companies as of 2024, which places Abu Dhabi’s AI company count as a notable concentration within the global landscape.
Abu Dhabi Chamber has revealed that over 58 percent of all AI firms in the emirate are dedicated to innovation, research, and consultancy.
Washington, United States -- US semiconductor giants Nvidia and Advanced Micro Devices have agreed to pay the United States government...Investors are betting that AI will transform the global economy, and last month Nvidia became the first company ever to hit $4 trillion in market value.
The US has been restricting which chips Nvidia can export to China on national security grounds.
