Smolyan, Bulgaria -- At a prison nestled deep in Bulgaria's southern Rhodope mountains, Georgi Filyanov stirs a large tank of...
- Shares rally after the disclosure, better than some forecasts.
The firm works to diversify its business operations.The Shenzhen-based company has for several years been at the center of an intense tech standoff between China and the US.
Since 2019, sanctions have cut the company off from global supply chains that gave it access to US-made components and technologies.
The company's insurance revenue reached $582 million.Its underwriting profitability was robust with a combined ratio of 87.60% and a net insurance service profit of AED178.1 million.
Charalampos Mylonas, CEO of ADNIC, said the company was the first amongst our peers to implement IFRS 17 Insurance Contracts (IFRS 17) as of 1 Jan, 2023.
The company achieved property sales of $5.5bn in the period.Recurring revenue records growth of 11% in H1 2023, supported by increased tenant sales and robust tourism recovery
S&P, Moody's, and Fitch upgraded Emaar's Credit Ratings to BBB, Baa2 and BBB, respectively, with a stable outlook
Istanbul, Turkey - Turkey's exports to Saudi Arabia have skyrocketed by an astonishing 630 percent in the first seven months...Data compiled by the Turkish Exporters Assembly (TIM) revealed that exports to the kingdom reached an impressive $1.25 billion
Saudi Arabia's move to invest in Turkey's central bank with a $5 billion deposit earlier this year has contributed to stabilizing Turkey's economy
- The Saudi commercial real estate market is set for a significant upswing in 2023, propelled by the government's vision to...
With the office market seen as the most lucrative and the luxury retail sector witnessing a surge, the Kingdom's real estate landscape is undergoing a transformative phase
The Saudi commercial real estate market is on the brink of a significant expansion in 2023, driven by the government's economic diversification efforts, suggest reports
The company's net profit for H1 2023 stands at US$121.221 million.The company's net profit for H1 2023 stands at US$121.221 million, up from US$6.535 million in 2022
EIH's assets grow from US$21.171 million in H1 2022 to US$607.19 million in the first half of 2023
- Average selling prices stood at US$2,743 per metric ton.
Earnings Per Share for QAMCO stands at US$0.0118 as of 30th June 2023, compared to US$0.0302 in 2022.
Decline in profits is attributed to a 24% drop in average selling prices and a slight decrease in sales volumes
Disney+ finished the quarter with 146.1 million subscribers, compared with just shy of 158 million in the first three months...Disney shares were up more than 2 percent to $90 in after market trades despite the drop in streaming service subscriber numbers
The unusual quarterly loss for the company was due to charges related to ending licensing agreements and yanking content from its streaming platforms
- Riyadh, Saudi Arabia -- The Saudi Tourism Investment Company (ASFAR), a Public Investment Fund (PIF) portfolio company, has announced a...
Under the terms of the agreement, ASFAR will serve as the official sponsor of the Al-Hilal Saudi Club until the end of the 2025-2026 season
Founded in 1957, Al-Hilal Saudi Club is the most decorated football club in Saudi Arabia and the most successful Asian club
- "New technologies like generative AI bring both opportunities and risks. A holistic AI strategy ensures privacy, security, and compliance, considering...
The rise of ChatGPT has ignited immense interest in generative AI, with numerous businesses integrating it enterprise-wide
AI technology is proliferating at an unprecedented pace, surpassing any other technology, writes Gail Coury, SVP and CISO, at F5
