Business - TRENDS MENA

San Francisco, United States -- Microsoft on Wednesday said it was slashing a little less than four percent of its...

Right now, based on the current plans, we're anticipating that we're going to be ready with the spacecraft in early...
The troubled program has experienced numerous postponements but was finally meant to send astronauts to the International Space Station on July 21
NASA hopes to certify Starliner as a second "taxi" service for its astronauts to the space station -- a role that Elon Musk's SpaceX has provided since succeeding in a test mission
Abu Dhabi, UAE-- In a boost to the UAE's effort to secure self-sufficiency in the food sector, ADQ has partnered...
The facility operating under a cooling system that reduces carbon and water footprint will enable the year-round cultivation of tomatoes and cucumbers
The Dutch firm's experts will work with local agronomists to encourage the development of technology adapted to the local climate and growing conditions
The Qatari company's net profit for H1 stands at US$211.26m.
The company's earnings per share (EPS) amounted to QR 0.70 as of 30th June 2023, as against QR 0.62 for the same period in 2022
According to a company statement, its revenue stood at $379 million compared to $329.67 million during the same period in 2022
Doha, Qatar - The international reserves and foreign currency liquidity of Qatar Central Bank (QCB) surged last July to reach...
Gold reserves rose to $6.07 billion in the month, reflecting an increase of about $1.34 billion compared to same period last year
Balances held in foreign banks experienced a decline of $699 million, reaching $4.95 billion by the end of July
The company suffered a net loss of US$0.79 million.
The company said its loss per share amounted to QR 0.015 as of June 30, 2023 compared to earnings per share(EPS) QR 0.018 for 2022
In October last year, the Qatar Stock Exchange (QSE) announced the resumption of trading of the shares of Dlala Holding Company
Dubai, UAE--Dubai Taxi Corporation (DTC) has launched its strategic plan for digital transformation 2022-2025 designed to improve the quality of...
The plan aims to achieve a string of goals underscored by digital mobility, excellent operation, financial sustainability, people’s happiness, and shaping the future
The latest initiative by Dubai Taxi Corporation looks to protect its database and monitor systems to prevent disruptions caused by server downtime
While rising EV demand may cause a global shortage of metals like cobalt and lithium by 2030, the Gulf region's...
While rising EV demand may cause a global shortage of metals like cobalt and lithium by 2030, the Gulf region's vast resources position it as a potential recycling leader
Battery recycling in resource-rich Gulf countries could ease global mineral supply pressures. However, the long lifespan of batteries currently limits available recycling material
Dubai, UAE - The Dubai Chamber of Commerce reported a 43 percent increase in new member companies, reaching a total...
The total value of exports and re-exports from member companies also saw a 7% increase, reaching AED 137.6 billion ($37.46bn).
The chamber also reported a significant increase in the value of goods and commodities, with a growth of more than 108 percent.
The group expects full-year net loss of around $4.94bn.
The latest result was dragged lower by extra charges of 600 million euros in its offshore wind business.
Siemens Energy said it was "additionally burdened" by a 700-million-euro write-down of deferred tax assets during the quarter.
Around 200 Tunisian bakers stage a sit-in after a government decision to stop selling them subsidized flour, a move threatening...
Last week the ministry of commerce banned some 1,500 privately-owned bakeries that produced European-style breads and pastries from purchasing subsidized flour.
Economists say that this "bread crisis" stems from an inadequate reserve of subsidized flour held by the Tunisian government.