The two companies will establish a joint venture company.
- Shanghai, China -- At the huge Auto Shanghai industry show this week, the chatter was less about powerful engines and...
The victim, surnamed Guo, received a video call last month from a person who looked and sounded like a close...Guo was persuaded to transfer $609,000 after the fraudster claimed another friend needed the money to come from a company bank account to pay the guarantee on a public tender
Realising his mistake after messaging the friend whose identity was stolen, Guo alerted police who notified a bank to stop trasaction and he managed to recover his 3.4 million yuan
Dubai, UAE -- A 22 percent drop in net profit was reported by Tadawul-listed companies in the first quarter of...Argaam reported the decline in net profit was due to a drop in Saudi Aramco’s first quarter earnings by more than 17 percent, as well as lower earnings of petrochemical companies.
The first-quarter results included SAR 5.87 billion one-off gains generated by Kingdom Holding Company (KHC) from selling half of its stake in Four Seasons Holding.
As growth at Netflix cooled last year, the Silicon Valley-based streaming giant set out to nudge people watching for free...The company told financial analysts recently that it had delayed a broad crackdown on password sharing "to improve the experience for members"
Getting people viewing for free to sign up for the Netflix ad tier would improve its appeal to advertisers, Insider Intelligence senior analyst Ross Benes said
Sharjah, UAE--In order to create a competitive and diversified economy, the Sharjah Economic Development Department (SEDD) has reorganized many economic...The department said that trading in used auto spare parts in the emirate will be "reorganized" by amending the geographical areas permitted to practice the business
The reorganization is part of the strategey to promote economic growth and consolidating the emirate's posiiton as the key global trade and economic center
The tie up, announced on Wednesday, comes in the run-up to this weekend's Monaco Grand Prix with Aston Martin a...The tie up, announced on Wednesday, represents a return to F1 for Honda, who left in 2021 but retain links with Red Bull and AlphaTauri
Aston will continue to be powered by Mercedes power units until 2026 when there is a sizeable shift in F1's technical landscape
Dividends across the world spiked 12% in Q1 compared to the same period in 2022, which was already an all-time...One-off special dividends reached $28.8 billion over the three-month period, the second biggest amount since the first quarter in 2014
According to Janus Henderson, companies are forecast to shell out $1.6 trillion in dividends in 2023 as a whole
Riga, Latvia--Al Dahra Group has signed a supply agreement with Golden Fields, an Estonian agriculture company specializing in the production...Under the terms of the deal Al Dahra Group will be supplied forage commodities by Golden Fields through its agreements in Estonia, Lithuania, Latvia and Finland
Al Dahra Group CEO Arnoud van den Berg said that owing to the partnership with Golden Fields, a promising new page has been turned for agriculture in the Baltic region
Doha, Qatar-- Qatar is keen to obtain rights for oil and gas exploration in Iraq, according to Iraq's oil minister...The Iraqi minister exhorted international companies to take part in developing oil fields as "these investments play a big role in securing financial resources of Iraq"
Baghdad signed deals with UAE firm Crescent Petroleum and two Chinese companies in February this year for the development of six oil and gas fields
Some 207mn shares will be on QSE through direct listing.Firms wanting to list in the QEVM category need to have at least 20 non-funding shareholders who own no less than 10% of the company's capital upon listing
Upon listing the company's founders have permission to sell and trade no more than 30% of their shares, provided they retain 60% of their shares
- The company will collaborate with US tech firm Broadcom in order to make "cutting edge" parts for wirelessly connecting to...
Apple CEO Tim Cook said the company is "thrilled" to make commitments that harness the ingenuity and innovative spirit of American manufacturing
The alliance will include designing and manufacturing sophisticated radio frequency components and other "cutting-edge wireless connectivity" parts in US
