Having spiked in an initial reaction to the military operation to apprehend Nicolas Maduro in Caracas, oil prices quickly dropped...
Taipei, Taiwan -- Taiwanese tech titan TSMC has started mass producing its cutting-edge 2-nanometre semiconductor chips, the company said in...
Dubai, UAE -- Dubai recorded 116,116 real estate transactions worth AED 429.67 billion ($116.98 billion) during the first nine months...The transactions marked a 36.7 percent in value and 33.8 percent in the number of transactions compared to the same period in 2022.
A total of 81,669 investors registered 109,186 real estate investments worth AED 278.7 billion, a growth of 50.3 percent in value.
ABU DHABI, UAE - Trade between the two countries is on an upswing with volumes this year expected to surpass...Trade between the UAE and Canada, worth US$4.1 billion in 2022, surpassed the 2021 figure of US$3.4 billion (AED12.7 billion).
Bilateral trade to the tune of US$1.8 billion in H1 2023 (January to June) exceeded the US$1.7 billion worth of trade in H1 2022.
Doha, Qatar -- Companies listed on the Qatar Stock Exchange have reported a net profit of QR 37.42 billion ($10.27...According to figures published on QSE website on Tuesday, Industrials declined by 40.90 period with QR 7.005 billion in net profit to top the declining sectors.
Net profit of Insurance was the highest with QR 853.744 million, a rise by 334.92 percent, followed by Telecoms which achieved an increase of 26.42 percent.
SHENYANG, CHINA – Investments in the country’s northeast have grown over the past years as several multinational corporations put in...Aramco and JV partners NORINCO Group and Panjin Xincheng Industrial Group have a mega Saudi-Chinese petrochemical project in Liaoning Province.
The project is a 300,000 barrels per day refinery and a petrochemical complex with an annual production capacity of 1.65 million metric tons.
The third quarter net profit fell 23% compared to the Q3 2022.Compared to the second quarter of 2023, the insurer's Q3 2023 declined 25.9 percent from SAR 371.35 million.
Insurance service result grew 41.02 percent year-on-year (YoY), or by SAR 232.01 million, driven by higher insurance revenue.
Its revenue rose to US$4.72bn in the first 9 months of 2023.The company posted a 28 percent rise in net profit to $741 million, compared to $576 million last year
It made strategic investments in Oman, Iraq, Tunisia and Maldives to drive growth in these markets
Riyadh, Saudi Arabia -- Saudi Arabia's real Gross Domestic Product (GDP) decreased by 4.5 percent in the third quarter of...Non-oil activities and government activities grew by 3.6 percent and 1.9 percent respectively in the third quarter due to a 17.3 percent fall in oil activities.
Seasonally adjusted real GDP decreased by 3.9 percent in the third quarter compared to the previous quarter, due to a decrease in oil activities and government activities.
Its revenue spiked to US$898m in the first 9 months of 2023.The company posted a162.6 percent increase to $37.30 million during the third quarter of 2023
It plans to set up two medical centres in Dubai and Abu Dhabi and one Burjeel Day Surgery Centre in Al Dhafra
The company's third-quarter profit was well above the first quarter's 640 billion.Samsung announced third-quarter operating profits of "2.4 trillion won ($1.7 billion) based on strong sales of flagship models in mobile and strong demand for displays"
The company said net profit dropped 37.7 percent year-on-year to 5.8 trillion won -- though it represents a rebound from the second quarter's 1.7 trillion won
- There is a sense of relief on trading floors that the Israel-Hamas conflict has been contained so far, with optimism...
With worries about supplies from the crude-rich Middle East subsiding for now, both main oil contracts edged up slightly Tuesday
Data showing China's factory sector activity shrank in October weighed on sentiment, dragging on Hong Kong and Shanghai
