Muscat, Oman -- The general inflation rate in the GCC countries rose by 1.7 percent at the end of December...
San Francisco, United States - OpenAI CEO Sam Altman on Monday said the company behind ChatGPT would continue to be...
JPMorgan Chase reported a rise in first-quarter profits alongside banking giants Citigroup and Wells Fargo. The first look at the...Recent banking industry turmoil following the collapse of Silicon Valley Bank raised worries about a flight of deposits.
Shares of JPMorgan rose 7 percent to $138.06, Citi gained 3.1 percent to $48.7, Wells Fargo dipped 0.1 percent to $39.63.
The bank will act as a strategic partner during listing of EIH.Ali El Gebely, Managing Director and CEO of EIH, said the partnership aims to build real value for the future of investment through strategic partnerships.
Established in 2007, Ajman Bank is an Islamic commercial bank that listed on the Dubai Financial Market in 2008.
The performance was driven by strong sales, especially in Asia."The first quarter of 2023 is a continuation of the good results of 2022," Hermes chief executive Axel Dumas said in a statement.
China, the world's second biggest economy, ended nearly three years of Covid restrictions in December.
Dubai, UAE -- Dubai's real estate market recorded real estate transactions worth AED1.1 billion ($299 million) on Friday, according to...On Friday, deals worth AED1.1 billion ($299 million) on Friday, according to the data released by Dubai's Land Department.
The sales on Thursday included 388 villas and apartments worth AED791.15 billion, and 55 land plots worth AED236.4 million.
The US should continue tightening monetary policy to bring down inflation while assessing the impact of last month's financial turmoil...The rate-setting Federal Open Markets Committee voted last month to continue raising interest rates to tackle inflation.
The FOMC took this decision despite the turmoil when Californian high-tech lender Silicon Valley Bank dramatically collapsed.
Equity markets rose, with Paris hitting a record-high, as investors reacted positively to easing inflation, recession concerns and some strong...In a sign of cooling inflation, Singapore's central bank kept rates steady, having previously hiked five times in a row.
Stocks advanced "on increasing signs that the global round of interest rate hikes could be drawing to a close".
Paris, France - With flowing kaftans, fluid separates and glamorous maxi dresses, Western luxury fashion brands are increasingly targeting the monied...Louis Vuitton to Versace have rolled out handbags and shoes, sunglasses and clothing that varies between sober pastels, florals and embroidered prints
Gucci's 2023 Ramadan collection, "Nojum" (meaning stars), is inspired by the night sky, featuring deep purples and daywear options for men
Abu Dhabi, UAE - Egypt has over 3,000 Emirati companies operating in telecommunications, construction, smart cities, retail, oil and gas,...Al Jarwan said that the two countries also aim to increase the investment to $35 billion over the next decade.
Egypt has over 3,000 Emirati companies operating in telecommunications, construction, smart cities, and other areas
Awadh Seghayer Al Ketbi, Director-General of the DHA, said Dubai’s ability to provide high-quality patient-centered medical care has accelerated its...39% percent of the medical tourists were from Asian countries, 22% from Europe and the Commonwealth of Independent States.
The three specialities that saw the highest number of medical tourists were dermatology (31%) dentistry (24%) and gynecology (18%).
- Revenue grew 8.8% YoY, but fell 3.2% quarter-on-quarter.
Infosys benefitted from an IT boom that made India the back office to the world for subcontracted work.
The company, like local rival TCS, also gained from the increased use of digital services during the Covid pandemic.
