San Francisco, United States -- WhatsApp announced Monday it will introduce its boldest advertising features yet, marking a significant shift...
- Washington, United States -- Chip giant Micron Technology on Thursday said it was expanding its domestic investment plan to $200...
Sunnyvale, CA: G42, the UAE-based technology group and Cerebras Systems, the company specializing in accelerating generative AI on Thursday announced...
It is highest ever profit achieved by FAB in a half-year.Return on Tangible Equity (ROTE) increased substantially to 18.6 percent as of June-end 2023.
Strong capital accretion lifted group Common Equity Tier 1 to 13.6 percent as of June-end 2023.
The two companies will explore opportunities globally.The two companies will cooperate in various fields including global industry and infrastructure development, financing, building.
The agreement will be valid for three years and will focus on achieving complementary advantages, sharing resources.
Firm in profit despite high inflation, rising interest rates.Volvo Cars reported a 25 percent increase in retail sales, with 178,800 units sold in the second quarter.
Central banks have been raising interest rates in efforts to cool consumer price increases.
- The spike in numbers comes after password crackdown.
The streaming giant finished the recently ended quarter with a total of 238 million subscribers and a profit of $1.5 billion, according to an earnings release
Netflix in May expanded its crackdown on users sharing passwords with people beyond their immediate family as it seeks to shore up revenue after a rough patch last year
- Revenues surged 47 percent to $24.9 billion.
Revenues surged 47 percent to $24.9 billion - a record for the company as auto deliveries surged 83 percent to 466,140 vehicles
Total gross margin came in at 18.2 percent, down from 19.3 percent in the prior quarter and below the 18.8 percent expected by analysts
Cairo, Egypt-- Egypt is looking to resume exports of liquefied natural gas exports by October, according to the country's petroleum...Egypt uses the gas at home during summer months when the temperatures are high, but in winter months it has excess levels of gas available for export
El Molla said that summer exports surged last year because the government switched from using natural gas in power stations to mazut fuel oil
The highest quarterly project awards value in over five years showcases the region's determination for diversification, and reflects the strength...The highest quarterly project awards value in over five years showcases the region's determination for diversification, and reflects the strength of GCC economies
Saudi Arabia leads as GCC's largest projects market, while the UAE experiences a 127 percent surge, reaching US$12.2bn in the second quarter of 2023
Broadcom is seeking to expand into the software market.The Competition and Markets Authority said the deal "would not weaken competition in the supply of critical computer server products".
The CMA in March said the deal could harm innovation and drive up the cost of computer parts used by key clients including banks, retailers and telecoms.
Earlier this year, the two countries signed a Comprehensive Economic Partnership Agreement with the aim of boosting trade to $40...The non-oil intra-trade between the two nations amounts to over US$103 billion from 2013 to 2022.
This includes imports valued at US$56 billion, exports exceeding US$35 billion, and re-exports totaling over US$12 billion.
