The company achieved its highest ever revenue and net profit.
Singapore, Singapore -- Southeast Asia's largest bank DBS said that 4,000 jobs could be cut in the next three years...
DUBAI, UAE - MD and CEO of Dubai Electricity and Water Authority (DEWA) Saeed Mohammed Al Tayer received a high-level...DEWA, Emerson discussed advancing sustainability and consolidating foundations for environmental, social, and corporate governance.
Clean energy makes about 14 percent of the total energy production capacity in Dubai.
Artificial intelligence (AI) has been increasingly present in everyday life for decades, but the November launch of the conversational robot...OpenAI, the ChatGPT creator, is valued by Microsoft at nearly $30 billion despite still burning through money at a high speed, Wayne Hu, a partner at SignalFire, said
Generative AI, of which ChatGPT is an example, wades through oceans of data to conjure up original content - an image, a poem, a thousand-word essay - in seconds
The annual expansion of more than 100 fuel stations in the Gulf countries add around US$500,000 per day to companies'...The annual expansion of more than 100 fuel stations in the Gulf countries add around US$500,000 per day to companies' revenues in each country in the region, say experts
Major Gulf gas station firms-- including Saudi Aramco, the UAE's ADNOC, Qatar's Woqod, and Oman's Omco -- have announced new expansion plans for the coming years
London, United Kingdom - A consortium led by a Qatari banker announced it had submitted an offer to take full control...Sheikh Jassim Bin Hamad Al Thani "confirmed his submission of a bid for 100 percent of Manchester United Football Club"
The statement from Sheikh Jassim, chairman of Qatar Islamic Bank (QIB), did not give any details on the amount proposed in the bid for United
- SFAX, TUNISIA - Thousands of Tunisian trade unionists held protests across the country on Saturday over worsening economic woes and the...
The North African country is in drawn-out talks with the International Monetary Fund for a bailout loan
Demonstrators in Sfax, where the largest protest took place on Saturday, chanted "Tunisia is not for sale!"
DUBAI, UAE - Minister of State for Foreign Trade Dr. Thani bin Ahmed Al Zeyoudi has marked the first anniversary...The Federation of Indian Chambers of Commerce and Industry is on a four-day visit to the UAE to mark the signing of CEPA.
The FICCI delegation comprises over 100 exporters, start-ups and business owners.
Its profit shot up more than 5,000% to $14.45m in 2022.Earnings per share also advanced to SR1.07 in 2022 from SR0.02 in 2021
Gross profit rose to $29 million in 2022 from $7.28 million a year earlier because of better sales volume, improved efficiency and a mix of products sold
The merger was settled with Vision Insurance Company’s existing shareholders by Oman Qatar Insurance Company.The merger was settled with Vision Insurance Company’s existing shareholders by Oman Qatar Insurance Company
After the mergercertificate by Qatar Ministry of Commerce, Vision Insurance Company was delisted from Muscat Stock Exchange
It will focus on the development of defense trading.The announcement has comes ahead of the International Defence Exhibition (IDEX) to be held at the Abu Dhabi Exhibition Centre (ADNEC)
GRADEONE specialises in providing various solutions to the military and defence sectors, including army, special forces, navy, air force, law enforcement, and search and rescue
At least six banks, seeking to open branches in Saudi Arabia, have obtained licenses from the Saudi Central Bank to...At least six banks, seeking to open branches in Saudi Arabia, have obtained licenses from the Saudi Central Bank to conduct operations in the Kingdom in the coming months.
New banks are expected to add value to the Saudi economy by strengthening the services sector, expanding financing options and boosting public confidence in financial system
