The S&P 500 has risen the last four sessions, extending the positive momentum after last weekend's trade talks resulted in...
The company's net profit was $66m in Q1 2024
Dubai, UAE -- The ongoing Taif rose season in Saudi Arabia, which starts at the beginning of March and last...Rose farms in the Sarawat Mountains in Taif Governorate harvest about 550 million roses annually.
About 70 rose factories and laboratories extract and manufacture more than 80 rose derivatives.
US consumer inflation slowed in March lessening the pressure on the Federal Reserve to maintain its aggressive posture to cool...Bureau of Labor Statistics report is the latest evidence that the Fed's streak of interest rate hikes over the last year is weighing on economic activity.
While US labor market data has remained solid, recent reports on manufacturing and the services sector have shown signs of slowing.
Sharjah, UAE -- A total of 3,386 real estate deals worth AED1.7 billion ($462 million) were recorded in Sharjah in...A total of 595 sales transactions representing 17.6 percent of the deals, while 319 mortgage transactions (9.4 percent) were recorded in the emirate.
Muwailih commercial area topped the list of sales traffic areas with 116 sales transactions, followed by Mazairah and Al-Khan with 68 transactions each.
Global government debt is on track to reach levels not seen since the height of the COVID-19 pandemic, the International...In the US, government debt as a percentage of economic output is expected to surpass its pandemic-era peak by 2027.
China's debt burden is forecast to be almost double its pre-pandemic levels by 2028, the IMF said.
RAS AL KHAIMAH, UAE - Ras Al Khaimah Economic Zone (RAKEZ) received the 'Best RPA Excellence Award' during the Future...RAKEZ has embarked on its automation journey by utilizing virtual bots to handle visa-related services.
These virtual bots have successfully reduced the time needed for some of the processes by 1.5 days, completing them within 12 hours.
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
