San Francisco, United States -- Artificial intelligence giant OpenAI has filed counterclaims against multi-billionaire Elon Musk, accusing its former co-founder...
Trading floors across the globe were overcome by waves of further selling after last week's sharp losses, with Trump telling...
The Group's revenue grew by 41 percent to AED5.5 billion.EBITDA (Earnings before interest, taxes, depreciation and amortization) increased to AED2.2 billion in 2022, up 37 percent YoY.
Operationally, in the Ports Cluster, container throughput grew to 4.33 million TEUs (twenty-foot equivalent units) in 2022.
In the south Tel Aviv headquarters of 1MRobotics, young men and women -- nearly all of them graduates of the...The robot toils in the custom-made 30-square-metre (320-square-feet) space storing the capsules, fitted with a streetside hatch for couriers and shoppers to collect online orders
1MRobotics also builds the containers that will serve as mini-warehouses, with company CEO saying their robots and storage units would soon be working with alcohol shop in Brazil
Abu Dhabi, UAE--ADNOC Distribution announced on Wednesday that it has completed its acquisition from TotalEnergies Marketing Afrique SAS of a...TotalEnergies Marketing Egypt is among the leading fuel retail operators in the country
The partnership includes a diversified downstream portfolio of 240 fuel retail stations, 100+ convenience stores, 250+ lube changing stations, and car washes
- It made the profit in Q4 last year on revenue of nearly $2bn.
The home-rental platform said it made a profit of $319 million in the final quarter of last year on revenue of nearly $2 billion
Airbnb finished 2022 with net income of $1.9 billion compared with a loss of $352 million the prior year, the San Francisco-based company reported
The insurance firm posted a net profit of $12.32 million.The company attributed the result to its strategy to extend its leadership position in the UAE Takaful industry
Salama said that it has achieved consistent growth in gross written contributions and prudent underwriting controls, as well as continuing investment in strategic partnerships
Driven by Saudi Arabia's construction sector, near-term forecast remains positive for the GCC with more than $110bn worth of projects...Driven by Saudi Arabia's construction sector, near-term forecast remains positive for the GCC with more than $110bn worth of projects in the tender stage.
The UAE, Saudi Arabia, and Qatar accounted for a combined 93.6 percent of the total value of contracts awarded in the GCC last year
Riyadh, Saudi Arabia--- Saudi Arabia's sovereign wealth fund, the Public Investment Fund, has announced an investment of $1.3 billion by...The companies are Nesma & Partners Contracting Company, ElSeif Engineering Contracting Company, AlBawani Holding Company, and Almabani General Contractors Company.
The four companies have built a successful track record in executing and managing complex large-scale projects.
Although the remittances grew by an estimated 5 percent in 2022, they were lower than the 10.2 percent increase in...Remittances to low- and middle-income countries withstood global headwinds in 2022, growing an estimated 5 percent to $626 billion.
The growth was, however, lower than the 10.2 percent increase in 2021, World Bank Migration and Development Brief said in a report in Nov 2022.
Riyadh, Saudi Arabia-- Saudi Arabia's Ministry of Municipal, Rural Affairs and Housing has signed an MoU with the Spanish company...The MoU aims to raise the level of coordination in endeavors that support and promote the development, marketing and implementation of investments.
The Ministries of Municipal and Rural Affairs and Housing and Investment will work to support the investing company in exploring opportunities.
LONDON, UK - The London stock market jumped to a record peak Tuesday in a positive open across Europe, after hefty...The British capital's benchmark FTSE 100 index of top companies reached as high as 7,986.20 points.
In the eurozone, Frankfurt's DAX added 0.2 percent to 15,428.55 points and the Paris CAC 40 grew 0.3 percent to 7,231.64.
