Riyadh, Saudi Arabia -- Saudi Arabia's tourism sector achieved a record surplus in the 2024 travel account, reaching SAR49.8 billion...
San Francisco, United States - OpenAI on Monday said it raised $40 billion in a new funding round that valued...
The Big Beau project, located in California, comprises a 128-megawatt solar plant and a 40 MW/160 MWh battery energy storage...The Big Beau project, located in California, comprises a 128-megawatt solar plant and a 40 MW/160 MWh battery energy storage system
It is one of eight projects that Masdar and EDF Renewables have agreed to jointly partner in, with a combined capacity of 1.6 gigawatts (GW)
DUBAI, UAEI--Dubai saw remarkable growth in medical tourism in 2022 with 674,000 medical tourists spending $270 million in the year....Some 39 percent patients came from Asian countries, 22 percent from Europe and the Commonwealth of Independent States, and 21 percent from Arab and the GCC
The head of Dubai Health Authority attributed the arrival of medical tourists to the city's ability to provide quality acre, making it the top healthcare destination
The firm's net Q1 sales rose by 24.8 percent.In a preliminary report on its first-quarter earnings, released late Tuesday, Volvo announced an operating profit of $17 billion, an increase of 44.9 percent year on year
In January, the truck-maker reported a slightly lower profit for 2022, despite a rise in sales, and warned that the "global supply chain for components is still unstable"
Musk has bought thousands of powerful, costly computing processors and hired AI engineering talent, Insider reported, while another tech-focused outlet,...The Insider report came less than two weeks after Twitter boss Elon Musk joined experts in signing a letter calling for a hiatus in the development of AI
Generative AI could also be put to work as a search or advertising tool, but it remained unclear what Musk intended its purpose to be at Twitter, the report said
The dividend for H2 of 2022 will be at AED 0.4 per share.The chairman said the group's core businesses have posted solid performance even as mergers and acquisitons have contributed to the company's success
The consolidated revenue at $14.26 billion and a record net profit of $2.72 billion strengthened the company's financial performance during the year
- Washington, United States--The underlying drivers of historically-high global inflation could persist until 2025, the International Monetary Fund's chief economist told AFP...
Following the fast reopening of the global economy after the Covid pandemic, prices around the world have risen exponentially
Inflation in many countries in the world has remained well above the two percent target, despite central banks raising interest rates
- It edged out its rival Airbus by just three aircraft.
In order to reach its target of 720 units for the year, Airbus needs to picke up the pace in order to go past the 661 number in 2022
In mid-March Boeing restarted deliveries of its long-haul 787, which were temporarily halted at the end of February by the Federal Aviation Administration
Spyware like Pegasus has been widely used by governments and other actors to spy on opponents, media and activists. The...The spyware and related exploit or hacking software was created by the little-known firm QuaDream Ltd
Citizen Lab, which studies the abuse of digital technologies, said it identified five people targeted by QuaDream
- Riyadh, Saudi Arabia - Saudi Arabia's Attribution and Liquidation Center (Infath) will hold 11 public auctions, both physical and online,...
Auctions start with 25 real estate in the Riyadh region in the Roshan, South Arrow and Ezz.
A total of 36 real estate properties in Jeddah and 24 such properties in Dammam will also be auctioned.
- Dubai, UAE – Spending on artificial intelligence in the Middle East and Africa (MEA) — including Israel — will reach...
While the spending on AI will reach $3 billion in 2023, it will hit about $6.4 billion in 2026.
Banking, retail, and federal/central government will be the MEA region's biggest spenders on AI in 2023.
