The company's revenues increased 6.7 percent year-on-year.
BYD will install its "God's Eye" autonomous driving system in at least 21 models, including the Seagull budget hatchback priced...
DUBAI, UAE - Dubai Health Authority (DHA) has signed a Memorandum of Understanding (MoU) with Dubai Integrated Economic Zones Authority...The MoU aims to enhance the private health sector’s investments in Dubai and consolidate the sector’s role in the ongoing development of health facilities.
DHA, DIEZ will develop a special framework to pinpoint innovation standards of healthcare start-ups in Dubai.
Under the pact, the companies will manufacture products in UAE.The products are part of the AED70 billion ($19 billion) worth of products in ADNOC’s procurement pipeline that the company identified for domestic manufacturing in July 2022.
Last year, ADNOC signed agreements for local manufacturing commitments worth over AED25 billion ($6.8 billion) with UAE and international companies.
Merger of its Malaysian subsidiary with a firm helped.Telenor said it had made good progress in the planned merger of its subsidiary Dtac with True in Thailand.
The firm maintained its earnings forecast for the current year and proposed a slight increase in its dividend for 2022.
- The bank's profit got a boost due to higher interest rates.
Shareholders would receive a payout of around 40% of the group's underlying profit, divided equally between cash dividends and share buybacks
Central banks have hiked interest rates worldwide in an effort to tame runaway inflation.
Abu Dhabi, UAE--Abu Dhabi-baed Aldar Properties will make a debut into Dubai's lucrative real estate market after it signed an...The joint venture will develop new communities in three locations across an area of 38.2 million sqft (3.55 million sqm).
The new communities will be located in the suburban heart of Dubai along the E311 and E611 corridors in close proximity to several residential communities.
The post-tax figure was more than double the amount.Shell said it would return $4 billion to shareholders and significantly lift its dividend following the record earnings
Shell is looking to reinvent itself under the company's former renewables boss Sawan, who replaced Ben van Beurden
Riyadh, Saudi Arabia--The Saudi Authority for Industrial Property and Technology Zones (MODON) signed yesterday a partnership agreement to establish, develop...The warehouses will be built in the First Industrial City in Jeddah.
The warehouses are expected to provide fast and temporary logistical solutions to support industrialists and entrepreneurs.
Adani himself issued a video statement on Thursday in which he insisted that the "fundamentals of our company are very...Adani's empire has lost more than $100 billion following explosive allegations of accounting fraud last week by US short-seller Hindenburg Research that the firm has rejected
According to Hindenburg Research, Adani has artificially boosted the share prices of its units by funnelling money into the stocks through offshore tax havens
Vienna, Austria--A committee of major oil producers recommended Wednesday to maintain the cartel's current reduced output strategy, as the global economic...The 13 members of the OPEC led by Riyadh and their 10 allies led by Moscow agreed last October to reduce output by two million barrels per day until the end of this year.
Oil prices spiked following Russia's invasion of Ukraine in February 2022
- After a months-long dispute between Qatar Airways and Airbus, the two announced on Wednesday the end of a $2.5 billion...
The airline had sought about $2.5 billion in damages and penalties before a British court where the case was due to be heard from June
The settlement was discussed when France's Finance Minister Bruno Le Maire met with Qatar's emir, Sheikh Tamim bin Hamad Al-Thani, in Doha on Sunday
