Riyadh, Saudi Arabia -- Saudi Arabia's tourism sector achieved a record surplus in the 2024 travel account, reaching SAR49.8 billion...
San Francisco, United States - OpenAI on Monday said it raised $40 billion in a new funding round that valued...
Cairo, Egypt---Thousands of Egyptian bibliophiles weave through a labyrinthine display of books, reviving an annual tradition at the Arab world's largest...The 54th Cairo International Book Fair was overshadowed by a punishing economic crisis that has seen Egypt's currency halve in value and prices skyrocket in the past year.
To incentivize readers, Egypt's publishers' association has encouraged sellers to give the option of buying books in instalments through popular buy-now-pay-later services.
Google parent Alphabet's revenue of $76 billion in its fourth quarter and profit of $13.6 billion were below what it...Google saw a slump in its crucial advertising sales, which were slightly better than analysts had projected, according to data compiled by Factset
Apple's revenue was $117.1 billion, down 5.4 percent from a year ago for the same quarter a year earlier, missing what analysts had forecast
Adani himself has seen his fortune plummet by tens of billions of dollars, dumping him out of the real-times Forbes rich...Adani Enterprises fell 10 percent at the open, while Adani Power, Adani Green Energy, Adani Total Gas and Adani Transmission were also suspended when they hit their trading stops
The conglomerate's combined market capitalization has plummeted by more than $100 billion since US short-seller Hindenburg Research released an explosive report last week
Earnings per share amounted to QR 0.165 in 2022.The company, which was established in December 2018, added in a statement on the Qatar Stock Exchange website that the earnings per share (EPS) amounted to QR 0.165 in 2022
The board of directors recommended distributing cash dividends to shareholders for the year 2022 at QR0.09 per share, a nine percent of the share's nominal value
The gaming markets in Saudi Arabia, the UAE and Egypt is expected to be worth $3.14bn by 2025, according to...The gaming markets in Saudi Arabia, the UAE and Egypt is expected to be worth $3.14bn by 2025, according to California-based market research and consulting firm Niko Partners
By 2025, the GCC will contribute roughly 1.5 percent of the income generated by the global gaming sector as the industry is anticipated to grow at a CAGR of 22.5 percent
Iraq admitted it had differences with France's TotalEnergies over a US$10-billion contract, including over the distribution of investments, but expressed...The French energy giant had signed the US$10-billion contract with Iraq in September 2021.
The partnership has struggled to materialize amid reported signs of discord between the two sides.
- Baghdad is currently heavily dependent on neighboring Iran for its electricity and gas and has sought to diversify its energy...
Iraq's foreign minister said Riyadh was ready to back Saudi companies investing in Iraq and welcomed it.
Despite being oil-rich, Iraq suffers from crumbling infrastructure and public services, after decades of conflict.
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.
