New York, United States - Mark Zuckerberg and Meta are spending billions of dollars for top talent to make up...
Paris, France -- A gardening game created by a teenager on online platform Roblox has attracted a record 21 million...
The Saudi company posts net profit of $31.9bn, down 19.25 percent from a year earlier.The result was lower than the $39.5 billion reported in the same period in 2022, when Russia's invasion of Ukraine caused oil prices to surge
Aramco is the jewel of the Saudi economy and the main source of revenue for Crown Prince Mohammed bin Salman's Vision 2030
Kuwait City, Kuwait--The Central Bank of Kuwait (CBK) has announced the latest allocation of issuance of bonds and tawarruq valued...Early this month, the bank issued bonds and tawarrruq worth US$ 660 million for three-months term
It said the value of the first issuance amounted to $528 million for three months with a return rate of 4.250 percent
Goertzel was in provocateur mode last week at Web Summit in Rio de Janeiro, the world's biggest annual technology conference,...AI is not capable of becoming like human level general intelligences, because they can't do complex multi-stage reasoning, said Ben Goertzel
AI is not a threat, I think it's a benefit as people can find better things to do with their life than work for a living, US-Brazilian researcher said
Doha, Qatar - Fifty companies listed on Qatar Stock Exchange (QSE) have reported a combined net profit of $3.45 billion...The industries sector saw the biggest decline of 44.18 percent, resulting in a net profit of $656.22 million
The insurance sector recorded the highest growth with a 79 percent increase, generating a net profit of $102.94 million
Abu Dhabi, UAE-- Designed to achieve a common Arab vision for the digital economy, the Arab Federation for Digital Economy...The agreement is designed to bolster the Arab digital economy, strengthen intra-Arab trade, and increase the reality of Arab trade exchange
Rated as the fastest growing market in the world, the e-commerce market in the MENA region was valued at $49 billion at the end of 2022
Sustainable mobility necessitates taking into account the entire lifecycle of a vehicle, not just the use phase. This includes sustainable...Bentley, BMW, Porsche, and Audi lead the way in sustainability by introducing environment-friendly vehicles, aiming to cut CO2 emissions and be sustainable luxury brands by 2030
BMW Group, for example, aspires to be the world's most sustainable premium car manufacturer by utilizing circular economy principles and secondary materials, says an official
ABU DHABI, UAE - The Statistics Center - Abu Dhabi (SCAD) has released the Gross Domestic Product (GDP) estimates report...Abu Dhabi's impressive growth across its diverse sectors during 2022 is attributed to its robust economic framework.
As per the estimates, in Q4 2022, Abu Dhabi achieved real GDP growth of 5.9 percent worth US$75 billion.
Unlike other companies that use vertical-launch rockets, Virgin Galactic uses a carrier aircraft that takes off from a runway, gains...The Unity 25 mission will take place in late May with four company employees on board, said Virgin Galactic, which was founded by British billionaire Richard Branson.
Unity 25 will be the company's fifth trip into space, defined as 50 miles (80 kilometers) above sea level. Virgin's flights launch from Spaceport America in New Mexico.
Growth in revenue driven by surge in demand for electricity, water.By the end of Q1 2023, DEWA served 1,169,713 customers, representing an increase of 12,212 customers from Q4 2022.
Quarterly revenue growth for electricity, water and cooling services increased by 7.2 percent, 7 percent and 4.6 percent respectively.
DUBAI, UAE - The private sector and financial institutions in the Middle East should enhance reporting by including information about how...The report indicates that almost half of the Middle East's GDP is either highly or moderately dependent on the environment.
Middle East faces a number of environmental challenges specific to the region, including scarce water resources and desertification.
