The deal makes Alphawave the latest tech company to depart London.
Tokyo, Japan -- Gamers finally got their hands on Nintendo's new Switch 2 on Thursday, the console that could score...
Abu Dhabi, UAE -- NEOPLY, a South Korean blockchain technology company, will establish its global headquarters in Abu Dhabi, the...NEOPLY provides a decentralized finance (DeFi) platform and a variety of services based on blockchain technology.
NEOPLY’s H-Lab will work with ADGM to support its development of a sound and progressive regulatory framework for DeFi.
QNB set aside $1.3 billion as provision for loan losses.There was an increase in the operating income by 14 percent to reach US$5 billion.
This reflects QNB’s success in maintaining strong growth in various sources of income.
An increase in borrowing costs hurt the company in H1.The company's revenue increased slightly by 2.1 percent YoY, backed by the consumer finance segment revenues growth and retail segment’s sales mix enhancement, Argaam said.
Gross profit increased by 7.3 percent YoY to SAR 655.9 million. Selling, general and administrative expenses (SG&A) slightly increased compared to H1 2022.
Funds will be used to finance working capital for projects.The agreement is worth US$293 million (SAR 1.1 billion).
A promissory note of $306 million was provided to guarantee the credit facility.
A TRENDS exclusive report takes a hard look at how tens of thousands of white-collar workers in Middle East are...It is estimated that businesses in the Middle East suffer a loss of $100 billion every year on account of mental health challenges due to lost working hours
It has also been found that only 15 percent of white-collar workers across the MENA region have access to professional mental health resources
QE will supply up to 120m barrels of condensates to ENOC from Jul.The terms of the agreement allow parties to further increase the condensate volumes under the contract.
The agreement was signed by Qatar Petroleum for the Sale of Petroleum Products Company Ltd. (QPSPP) and ENOC Supply and Trading, a subsidiary of ENOC.
Threads went live on Apple and Android app stores in 100 countries late on Wednesday, though it is not available...Threads is finding it easier to grow at the necessary scale to dethrone Twitter because it is linked to Instagram, which has more than one billion regular users
Musk has threatened to sue Meta for stealing trade secrets and intellectual property, claims denied by the company, which also owns Facebook and WhatsApp
A TRENDS exclusive report takes a hard look at how tens of thousands of white-collar workers in Middle East are...It is estimated that businesses in the Middle East suffer a loss of $100 billion every year on account of mental health challenges due to lost working hours
It has also been found that only 15 percent of white-collar workers across the MENA region have access to professional mental health resources
Dubai, UAE - Chinese electric vehicle brand Zeekr is set to make its debut in the Middle East as it...Zeekr, a subsidiary of Zhejiang Geely Holding Group, has partnered with Israeli distributor Union Group to establish a sales network for its vehicles
The Middle East, with its oil-rich countries seeking clean energy investments, has become an attractive market for Chinese EV manufacturers
- Dubai, UAE-- Dubai's Roads and Transport Authority (RTA) has reported a 10 percent increase in revenues for 2022 to $953...
RTA reported 814 million digital transactions up from 676 million in 2021, a 20 percent growth rate, in addition to a 30 percent jump in the number of registered users
Mattar Al Tayer, Director-General of RTA, said that the company was going ahead with its digitization projects in order to increase its global competitiveness
