New York, United States -- Mark Zuckerberg and Meta are spending billions to recruit top artificial intelligence talent, triggering debates...
Beijing, China -- Chinese electric vehicle maker Xiaomi received almost 300,000 pre-orders within an hour for its first sport utility...
At Christie's, the star lot is Henri Rousseau's "Les Flamants," which is set to smash the record price at auction...Codex Sassoon, the most expensive historical document to ever go under the hammer and is tipped to fetch up to $50 million at Sotheby's on May 17
Other Sotheby's highlights include Jean-Michel Basquiat's 1985 ode to jazz "Now's the Time," which is predicted to achieve more than $30 million
The firm's net profit soared to US$27.14mn in Q1 of 2023.The insurance company's total revenue took a dive to $273 million in Q1 of 2023 from $300 million for the same period in 2022
Its net income from investment however shot up 94.0% to $12.60 million compared to $6.50 million for the same period in 2022
Abu Dhabi, UAE -- ADNOC has announced its intention to float a 15 percent minority stake in ADNOC Logistics &...The offering is expected to open on May 16, 2023, subject to regulatory approvals and other relevant considerations
ADNOC L&S is alogistics services provider to ADNOC Group, offering highly-specialized services across the energy value chain
- Riyadh, Saudi Arabia--Saudi Arabia and South Korea have signed two agreements on Tuesday for future mobility and roads in the...
The agreements between the two countries will boost cooperation in mobility and innovation in the transport and logistics services sectors
Both the countries will, in accordance with the spirit of the agreement, exchange experiences to solve challenges in adopting modern technologies
Doha, Qatar: Qatar and Spain have launched the Qatar Spain Innovation Program (QASIP), a joint venture between the Qatar Research,...The program aims to support collaborative research and development projects in energy, health, resource sustainability, and digital technology
The program is the first fruit of cooperation between the QRDI Council and CDTI, following a MoU signed by Qatar and Spain in 2022
Since buying Twitter for $44 billion late last year, Musk has made changes in seemingly impulsive ways, sometimes causing chaos...Twitter boss contended that the WhatsApp messaging service operated by Meta "cannot be trusted"
He added that Twitter will start direct messages on the platform, scrambling contents to safeguard privacy
- Muscat, Oman--The Central Bank of Oman (CBO) has raised $36.35 million by way of allotting treasury bills on Tuesday, the...
According to the central bank, the value of the allotted treasury bills amounted to $26 million, for a maturity period of 28 days
The bank added in a statement that the allotted treasury bills amounted to $10.38 million for a maturity period of 91 days
Abu Dhabi, UAE - The UAE is growing the number of Electric Vehicle (EV) charging stations from 500 to 800...Recent years have seen the UAE make a push towards adoption of electric vehicles
The country's EV market is expected to grow at a CAGR of 30 percent until 2028
Seeking to widen its foreign trade and grow national economy, the UAE has signed Comprehensive Economic Partnership Agreement (CEPA) negotiations...The UAE has signed four agreements with India, Israel, Indonesia and Turkey, with the first two having already come into force
The country is holding negotiations with many other nations in the neighborhood and beyond to arrive at similar agreements
The company posted Q1 revenue of US$299 million.Firm's revenue increased by 11.6 percent year-on-year and net profit by 43.4 percent reflecting strong growth.
Burjeel Holdings continue to review partnership opportunities in the Middle East and Africa region.
