Shares rally after the disclosure, better than some forecasts.
- Belcamp, United States -- In the sweltering US summer, metal containers decorated with snowmen and sleighs are taking shape --...
Riyadh, Saudi Arabia -- Saudi Arabia's Minister of Economy and Planning, Faisal F Alibrahim said Tuesday the Kingdom saw a...Speaking at the seventh Future Investment Initiative forum in Riyadh, Alibrahim said Saudi Arabia is seeing a diverse range of sectors fueling non-oil activity growth.
He said the Kingdom provided one of the most investment-friendly environments in the form of cost-effective and clean energy, legislations and manpower.
The JV will develop and own the Four Seasons Resort Red Sea.The anticipated luxury resort is situated on Shura Island, the main hub for Red Sea destinations.
It will offer 149 rooms and suites, plus 31 residential properties, as well as six restaurants and lounge outlets.
Riyadh, Saudi Arabia - Saudi Arabia is set to embark on a significant endeavor to expand its power generation capacity,...Saudi Arabia aims to construct 60 to 80 gigawatts of power plants utilizing renewable energy sources such as wind and solar
To facilitate these goals, Saudi Arabia seeks to attract international investment, fostering partnerships with local companies like ACWA Power
BEIJING, CHINA - China's Gross Domestic Product (GDP) grew by 4.9 percent year-on-year in the third quarter, surpassing economists' predictions...Analysts believe China is on track to meet its annual growth target of approximately 5 percent this year.
Data from China’s National Bureau of Statistics revealed a 5.2 percent growth for the first three quarters.
They have partnered with each other for the past six years.Al Seer Marine said the renewal of this new agreement will capitalize on L3Harris' extensive international experience in the design and deployment of uncrewed platforms.
It will also enhance Al Seer Marine's ability to continue manufacturing and delivering Unmanned Surface Vessels (USV) across various markets in the Gulf Cooperation Council region.
- Details of the deal were outlined by bosses at the US tech giant and by Australia's prime minister, Anthony Albanese,...
The tech giant will expand its "hyperscale" cloud computing and AI infrastructure in Australia over the next two years
Details of the deal were outlined by bosses at the US tech giant and by Australia's prime minister, Anthony Albanese
- Its revenues for the first nine months stood at US$3bn.
The company's net profits increased 115 percent to $411 million in the first nine months of 2023
It attributed growth in revenues and net profits to progress of the major projects underway
The bank's income increased by 35.4% year-on-year.The bank's income increased by 35.4% year-on-year, thanks to continued growth in low-cost deposits and expansion across all segments of its business
The bank maintained strong credit quality, with a cost of risk at 2.5% and an impaired loan coverage ratio of 210.3% for the YTD through September 2023
Deep-tech companies in the Middle East are facing challenges due to limited funding and inadequate R&D centers, leaving entrepreneurs seeking...Deep-tech companies in the Middle East are facing challenges due to limited funding and inadequate R&D centers, leaving entrepreneurs seeking a more supportive ecosystem
Startups struggle to monetize intellectual property, and despite universities' support to develop IPs, the main challenge for them is achieving sustainability and profitability
- Deep-tech companies in the Middle East are facing challenges due to limited funding and inadequate R&D centers, leaving entrepreneurs seeking...
Deep-tech companies in the Middle East are facing challenges due to limited funding and inadequate R&D centers, leaving entrepreneurs seeking a more supportive ecosystem
Startups struggle to monetize intellectual property, and despite universities' support to develop IPs, the main challenge for them is achieving sustainability and profitability
