Ireland's data protection watchdog, acting on behalf of the European Union, launched an inquiry Friday into the use of personal...
- San Francisco, United States -- Artificial intelligence giant OpenAI has filed counterclaims against multi-billionaire Elon Musk, accusing its former co-founder...
Abu Dhabi, UAE - A UAE delegation led by Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade,...Non-oil bilateral trade between the UAE and EU amounted to US$56 billion in 2022, achieving growth of 9.3 percent.
Non-oil trade value grew by 28.6 percent and 14.7 percent over the same period in 2020 and 2019, respectively.
The bank's return on assets improved marginally to 1 percent.Gulf Bank recorded an operating income of KD 46.4 million for the first three months of 2023, and an operating profit before provisions of KD 25 million for the same period.
The operating profit has increased by KD 3.2 million or 15 percent for the first quarter of 2023 compared to the same period of last year.
Ajman, UAE - Total real estate transactions in Ajman in the first quarter (Q1) of 2023 totaled AED3.4 billion ($930...The quarterly report on real estate transactions in the emirate registered 555 mortgage applications worth $207.23 million.
Meanwhile, Local real estate transactions totaled AED1.4 billion ($380m), a rise of 34 percent compared to January.
The bank's operating profit rose by 35.7 percent compared with Q1 2022.Operating income reached AED 554.1 million, up 34.2 percent compared to AED 412.8 million in the corresponding period of 2022.
Loans and advances and Islamic financing receivables rose by 2.3 percent to reach AED 27.5 billion compared to AED 26.9 billion at 2022 year-end.
Boeing's loss in the first quarter of 2022 was $1.2 billion.Boeing affirmed its full-year outlook for operating cash flow, a key metric, and for 737 plane deliveries in 2023.
Boeing's revenues came in at $17.9 billion, up 28 percent from Q1 2022 and topping analyst expectations.
The International Energy Agency (IEA) said the rapid electrification of road transportation will have big implications for the energy industry as...In its annual report on electric vehicles, the IEA said it expects annual sales to rise 35 percent this year to reach 14 million.
The IEA said the overwhelming majority of electric car sales are concentrated in three markets: China, Europe and the United States.
The UK's Competition and Markets Authority prevented the deal "over concerns... (it) would alter the future of the fast-growing cloud...Microsoft said it would appeal the verdict over its vast takeover, which has yet to win regulatory approvals in Europe or the US.
The Xbox-owner launched in 2022 its bid to create the world's third biggest gaming company by revenue with the takeover of Activision.
The funds will be used in laying subsea cables between UK and Morocco.It is one of several first-of-a-kind long-distance renewable energy generation and cross-border export project being planned globally.
It had secured 25 million pounds of investment from Abu Dhabi National Energy Company (TAQA) and 5 million pounds from Octopus Energy Group.
- Revenue dropped more than three percent to $8.74 billion.
Profit after tax fell to £1.5 billion ($1.9 billion) compared with the first three months of 2022.
GSK is seeking to concentrate on development of new drugs after overseeing the split of Haleon.
Amanat will own 85 percent of the post-merger entity.The merger creates the largest pan-GCC post-acute care provider with 400 operational beds and an additional 300 bed expansion underway.
Following completion adjustments, Amanat Holdings will own 85 percent of the post-merger entity.
