The company suffered from boycotts against the policies of Elon Musk.
The clean energy giant posted $7.8bn in revenue for 2024.
Ras Al Khaimah, UAE--Ras Al Khaimah Economic Zone (RAKEZ) brought in 1,839 new companies in the first quarter of 2023,...RAKEZ CEO said the reason companies choose the zone was because of its innovative business solutions and aiding enterprises of diverse types
The economic zone also posted high growth in sectors like services, e-commerce, and media companies, highlighting its diverse business landscape
Creating an environment conducive to growth for women is no longer a nice-to-have but simply good business sense, says Sahar...Sahar Haidar, Director of Global Operations at Amana, highlights the competence of women leaders in male-dominated fields.
Haidar emphasizes the importance of mentorship and creating supportive environments for women in the workforce.
Dubai, UAE -- The Saudi Fund for Development (SFD) has signed a US$240 million loan agreement to support Pakistan's Mohmand...The project is co-financed by the Saudi Fund for Development, OPEC, Islamic Development Bank, and the Kuwait Fund for Arab Economic Development.
By using renewable energy sources, the project will generate 800 MW of electricity production capacity.
Dubai, UAE – A plot of land that sold for AED456.25 million ($124.23 million) in Business Bay was the most...The Dubai Land Department said in its weekly report that 222 plots were sold for AED1.8 billion and 2,086 apartments and villas were sold for AED4.56 billion.
Al Hebiah Fifth recorded the most transactions for this week with 93 sales transactions worth AED246.61 million.
US job gains eased in March for a second straight month, government data showed, adding to signs that the economy...The figures could bring some relief to policymakers who have been battling to rein in stubborn inflation.
To ease demand, the Federal Reserve has lifted the benchmark lending rate nine times since early last year.
World food prices are still high but have fallen by a fifth compared to a year ago when prices soared...FAO said the fall in benchmark prices was "driven by declines in world quotations for cereals and vegetable oils."
The UN agency added that food remained expensive for developing countries highly dependent on imports.
- Dubai, UAE -- A total of 557,000 small and medium enterprises (SMEs) were operating in the UAE at the end...
Minister of Economy Abdullah bin Touq Al Marri said the number was in line with UAE’s ambitious plan to achieving 1 million SMEs by the end of 2030.
The UAE banks provided AED 83.3 billion ($23 billion) in financial facilities to small and medium-sized enterprises in 2022.
The group raised $210m through the sale of 750 million shares.The group successfully raised $210 million)through the sale of 750 million shares for AED1.03
The IPO was met with strong demand from investors, with the offering oversubscribed 22 times
- The company reported a net profit of $144m for the period.
Salik reported a net profit of $144 million for the second half of 2022
Salik’s revenue increased 11.8 percent Year on Year to $515 million
Abu Dhabi, UAE - The UAE and Vietnam signed Thursday a declaration of intent to start negotiations for a comprehensive...The UAE is the leading trade partner of Vietnam in the Arab region, accounting for 39 percent of Vietnamese trade with the region’s countries.
The two sides discussed ways of strengthening their cooperation in the areas of trade, investment, the new economy, industry and energy.
