Even if they don't all acknowledge it so openly, firms in many different sectors are stockpiling their products in the United...
- Shanghai, China -- Once blithely dominant in China, European automakers are now launching full-fledged charm offensives at consumers in the...
Dubai, UAE - ENOC Group on Thursday unveiled its five-pillar long-term growth strategy after having recorded its best performance ever...The group recorded a 60 percent increase in EBITDA last year in comparison to 2021
Its Strata marine lubricants arm recorded a 350% sales growth in the last two years
New Delhi, India--India's Patent Office rejected on Thursday US pharmaceutical giant Johnson and Johnson’s application to extend its patent on a...Rejecting Johnson & Johnson's application, Assistant Controller of Patents and Designs Latika Dawara said that it did not meet the requirements of India's Patent Act
The decision is likely to enable Indian manufacturers to begin work on generic versions of the drug once the primary patent expires in July
- It will slash 2.5% of workforce as a cost-cutting effort.
The firm expects to incur $1.5 billion in costs as a result of the downsizing, including $1.2 billion directly related to the layoffs
According to the company's recent annual report, it put the number of employees at 721,000 in 2022
Doha, Qatar--Doha port received on Thursday the cruise ship MSC World Europa carrying 5,613 tourists and a crew of 2,121....Qatar's tourism sector has recorded growth in recent years thanks to growing popularity in cruise tourism, making the country a favorite destination
Equipped with latest technology, MSC World Europa is one of the most innovative and eco-friendly equipment in the company's fleet
Earnings per share went up 15% to $2.3 cents.Earnings per share were up 15 percent from US$ 2 cents to US$ 2.3 cents
Shareholder equity increased 81 percent from US$ 1.1 billion to US$ 1.9 billion
The deal is designed to enhance Saudi digital transformation.Both will make a push for the kingdom's digital transformation in sectors like energy, petrochemical, and manufacturing
Saudi Arabia, according to a UN report in March, is ranked fourth globally in its level of preparedness in digital systems
New York, United States -- Two months after accusing India's Adani Enterprises of fraud, US investment group Hindenburg Research launched...Block, founded by former Twitter boss Dorsey in 2009, used to be called Square before being renamed in late 2021.
The tech company operates financial transactions, ranging from payments to merchants to payments between individuals.
Lebanon and the IMF reached a conditional agreement in April 2022 on a $3-billion-dollar loan needed to save the country's...The IMF had conditioned the funds on unifying the country's plethora of exchange rates and a reformed bank secrecy law as well as restructuring the banking sector.
Lebanon's meltdown has pushed most of the population into poverty while the political elite, widely blamed for the country's financial collapse, has failed to take action.
Dubai, UAE -- The Securities and Commodities Authority (SCA) and the Abu Dhabi IPO Fund (ADIPOF) have signed a Memorandum...The MoU was signed by Securities and Commodities Authority and the Abu Dhabi IPO Fund.
The MoU aims to increase the number of IPOs, support local financial markets, and promote the country's economic stability.
- MoU will be mutually beneficial to both organizations.
The MoU will enable e& enterprise to leverage MBRSC's expertise in AI.
MBRSC will benefit from e& enterprise’s resources and capabilities.
