Total income rises by 12 percent, operating profit up 13%.
Abu Dhabi, UAE -- Abu Dhabi’s real estate market recorded transactions worth a record AED 142 billion ($38.7 billion) in...
New York, United States -- Commercial plane prices, already lifted in recent years due to pandemic supply chain shocks, are...The American and European aerospace giants have grappled with higher expenses for primary materials such as titanium, components and energy, as well as overall labor cost pressures
To resolve a labor strike, Boeing late last year agreed to a new contract with its Seattle-based machinist union that lifted wages by 38 percent over four years.
Riyadh, Saudi Arabia -- Saudi Arabia’s merchandise imports increased 8 percent year-on-year (YoY) to SAR 72.6 billion ($19.34 billion) in...Merchandise imports fell by 8 percent, or nearly SAR 6.4 billion, month-on-month (MoM).
Saudi Ar.abia’s imports came mainly from China in January 2025, at SAR 19.2 billion (26 percent) of the total.
Beijing, China -- While China's leaders use their economic and political might to fight Donald Trump's trade war "to the...Defiant posts have shot to the top of most-searched lists on social media, flooding platforms with patronizing comments and jokes.
In one video, a Chinese internet user opens his hands to reveal what goods he buys from the United States -- nothing.
Washington, United States - A US judge on Thursday ruled that Google illegally wielded monopoly power in the online ad...The federal government and more than a dozen US states filed the antitrust suit against Alphabet-owned Google
It is one of two federal suits targeting Google that could ultimately see the company split up and curb its influence
- Its net revenue for the quarter soared nearly 42%.
TSMC is the world's largest contract maker of chips that have become the lifeblood of the global economy, powering everything from smartphones to missiles.
Demand for chips has soared in recent years with the growth of AI, but there are fears that Trump's far-reaching tariffs could drive up consumer prices and hurt chipmakers.
The GCC’s luxury hospitality sector has become a global benchmark, yet behind every polished facade lies an increasingly complex financial...Real estate-backed assets that offer a blend of long-term capital appreciation and recurring revenue are especially attractive in today’s market, says Victor.
Guests increasingly want to know what a hotel stands for: how it treats its staff, where it sources its ingredients, and whether its promises around sustainability hold up.
- Paris, France -- Meta will start using public posts and comments by its European users to train generative artificial intelligence...
Meta, the owner of Facebook, Instagram and Threads, said earlier it would develop its AI models with European users' public content and conversations with the Meta AI chatbot.
That means anything from Instagram photo captions to Facebook comments could soon be fair game for Meta AI, though private conversations via WhatsApp will be excluded.
Riyadh, Saudi Arabia -- Total bank credit granted to the public and private sectors in Saudi Arabia reached its highest...Total bank credit recorded a monthly growth of 1.2%, increasing by SAR 37.035 billion compared to last Jan, when it stood at SAR 3.005 trillion.
The bank credit granted to the public and private sectors was distributed across more than 17 diverse economic activities.
- Nvidia on Tuesday notified regulators that it expects a $5.5 billion hit this quarter due to a new US licensing...
US officials last week told Nvidia it must obtain licenses to export its H20 chips to China because of concerns they may be used in supercomputers there
Shares of Nvidia, which have already seen high volatility since Trump's April 2 tariffs announcement, were down over six percent in after-market trades
Fakse, Denmark -- They have names, faces and email addresses, but the five new colleagues at Denmark's Royal Unibrew only...Royal Unibrew in Denmark has introduced five virtual AI colleagues with names and backstories to assist human employees with routine tasks and information retrieval.
The company reports increased engagement since adding photos to the AI agents, and employees interact with them through chats and emails for enhanced efficiency.
