The Group reported a revenue of $5.12 billion.
its assets increased by 20.08 percent to $43.65bn.
Paris, France -- Athletes have joined the clamor of criticism at the high cost of tickets for the 2024 Paris Olympics,...Of the promised one million seats at 24 euros ($26), the lowest price for next year's Olympics, nearly 150,000 went up for sale in phase two.
Three days after the launch of the second phase, sports fans were offered tickets at 690 euros and even 980 euros for athletics semi-finals.
Abu Dhabi, UAE --Abu Dhabi National Oil Company (ADNOC) Monday said it has increased by the number of shares offered...ADNOC will now offer 1.40 billion ordinary shares, equivalent to 19 percent of the Company’s total issued share capital.
Previously, the company announced that it would offer 1.10 billion shares, representing 15 percent of its total issued share capital.
- SHARJAH, UAE - Sharjah Economic Development Department (SEDD) organized multiple workshops for legal purposes and a number of investors and...
In the workshops , the legislative frameworks for real beneficiary and combating money laundering were reviewed.
The purpose of the event is to form an ideal investment climate which supports business continuity, said an official.
Meta said it was "disappointed to have been singled out" and the ruling was "flawed, unjustified and sets a dangerous...The European investigators found that Meta did not "address the risks to the fundamental rights and freedoms of data subjects".
Meta has been fined thrice this year, by European Union, for not following EU regulation over data safety on Instagram, WhatsApp, and Facebook.
- Cairo, Egypt - The UAE International Investors Council (UAEIIC) and Egyptian-Emirati Business Council (EEBC) will work together to enhance the...
The two councils would work together to score investment opportunities in multiple areas including technology.
Both the parties are likely to seek partnerships between the business communities and companies of private sector.
Abu Dhabi, UAE - AD Gaming has expanded its gaming ecosystem by welcoming MY.GAMES to Abu Dhabi, marking the latest...Headquartered in Amsterdam, MY.GAMES is a leading publisher and developer of mobile, PC, and console games, with over one billion registered users worldwide
MY.GAMES’ will work on over 70 games across the company’s portfolio, including genre-defining titles such as War Robots, Rush Royale, and Hustle Castle
- The merged firm will have a combined revenues of $3.4bn.
The new group, called Allen Overy Shearman Sterling or A&O Shearman, was "truly a game-changing moment for both firms".
The merged firm will have around 3,900 lawyers and about 800 partners across a total of 49 offices worldwide.
The firm will manufacture pipes for the global energy giant.East Pipes said the financial impact of the 12-month contract will show in the second half of 2023 and the first quarter of 2024.
On 14 May, the company signed a contract with Abdullah Ibrahim Al Sayegh & Sons, valued at SAR81 million, for supplying steel pipes to the firm.
Dubai, UAE -- Brazilian exports to Arab countries during the first four months of this year have increased by 10.33...The main exported products from Brazil to the Arab World were sugar, poultry, beef, maize, and soybeans.
Beef exports from Brazil to Arab countries amounted to $356.06 million, with Egypt leading the list with $115.59 million worth of exports.
The company posted a net profit of $111 million.The company said in a statement that the net profit was impacted by lower EBITDA of SAR 2.18 billion (Q1 2022 SAR 4.40 billion).
Argaam reported that the decline in profit was driven by lower average selling prices of all products except gold and higher cost of sales.
