Activate Consulting CEO Michael Wolf tells TRENDS how AI, media and shifting consumer behaviour are driving the next knowledge economy.
It sold 2.26m EVs vs Tesla's 1.22 by Sept end.
The company said higher operating income was the main driver.The company said it recorded SAR 814 million in operating income—before impairment, loss and other expenses—in the third quarter of 2023.
Operating income for the first nine months of 2023 reached SAR 2.10 billion, growing by 12.4 percent, compared to the same period last year.
Dubai, UAE-- Dubai Electricity and Water Authority (DEWA) has held discussions with a delegation from Germany on how to boost...DEWA's CEO emphasized the importance of strengthening strategic cooperation with German enterprises in water, renewable, and clean energy
The delegation applauded the UAE's leading role in dealing with climate change and promoting a sustainable, safe, and healthy environment
The company had posted a net profit of $4.32bn in 9M 2022.In the third quarter period, the petrochemicals giant swung to a net loss of SAR 2.9 billion, against a net profit of SAR 1.84 billion in Q3 2022, Argaam reported.
SABIC cited stagnation in global demand for chemicals, which weighed on average selling prices, and led sales value to drop by SAR 7.3 billion year-on-year (YoY).
The Ukraine-Russia conflict and Gaza crisis are impacting investor confidence and economies in Jordan, Egypt, and Israel, Iyad Malas, CEO...The Ukraine-Russia conflict and Gaza crisis are impacting investor confidence and economies in Jordan, Egypt, and Israel, Iyad Malas, CEO of Al Ghurair Group, tells TRENDS.
Iyad Malas highlights the need for digital transformation and the importance of public-private partnerships in digital investments, notably in infrastructure and healthcare.
Tehran, Iran-- Iran has ramped up its oil production to 3.4 million barrels per day (bpd), up from about 2.9...Iran's oil minister said the boost in the production is in line with measures taken by the current government of the Islamic republic
According to officials in the oil sector, about 40,000 bpd have been added to the country’s oil production from the Sepehr and Jafir oilfields
- It will acquire Comcast's US$8.6 billion stake in Hulu.
The acquisition will "further Disney's streaming objectives," the company said in a press release
The deal values Hulu at $27.5 billion in total, and the transaction will be concluded by December 1
- Chevron's Tamar gas field halt, rising global oil prices, and jeopardized gas supplies to Egypt and Jordan underscore the impact...
Chevron's Tamar gas field halt, rising global oil prices, and jeopardized gas supplies to Egypt and Jordan underscore the impact of geopolitics on energy security.
Achieving peace in the Middle East region is crucial, not just for the well-being of its people but also for maintaining global economic stability and energy security.
Panama City, Panama - The operator of the Panama Canal, the passageway for cargo ships between the Atlantic and Pacific oceans,...Traffic will be reduced to 25 ships a day from Friday, down from 29, and will drop to 18 ships a day by February, the Panama Canal Authority said
The 50-mile (80-kilometer) long waterway provides direct access between the Atlantic and Pacific oceans, bypassing the South American continent
Doha, Qatar -- The Qatar Ports Management Company (Mwani Qatar) announced a 39 percent increase in transshipment containers in October,...Mwani Qatar data released Wednesday revealed an increase in building and construction materials shipments by 21 percent.
Vehicles and equipment shipments on the other hand increased by 8 percent to reach 6,494 units.
Riyadh, Saudi Arabia -- A total of 138 agreements, MoUs and deals worth more than SAR 13.3 billion ($3.54 billion)...More than 300 local, regional and international companies from 29 countries presented the latest healthcare innovations and technologies at the event.
The exhibition, in its sixth edition, offered health practitioners 30-credit-hour of Continuing Medical Education (CME) programs.
