But its Q1 figures exceed a forecast by Edmunds
From an institutional investor-based viewpoint, it is becoming of interest more now than it ever has been. And that's a...
IHC announced it would be investing $400m into Adani Enterprise's $2.5 billion Further Public Offering. IHC said in a statement...This is the second investment deal International Holding Company has completed with India's Adani Group after last year's Dh7.3 billion ($2 billion) investment.
Media reports said the FPO so far received 3 percent subscription amid the rout Adani Group has been facing since a report by US investment group Hindenburg Research.
Dubai, UAE--The Ministry of Health and Prevention (MoHAP), the Department of Health-Abu Dhabi (DoH) and the Dubai Health Authority (DHA),...The UAE health authorities will take part in the 48th edition of the exhibition under a unified national platform called "Emirates Health
The National Program was designed to support the country's goal of becoming a regional and global leader in organ and tissue transplantation
Its operating profits in Q4 fell to $3.4 billion, a 69 percent drop.The decline is in line with the estimate Samsung released earlier this month and marks the company's worst decline in quarterly profits since the third quarter of 2014
It singled out weak demand for memory chips, saying the sector had been hit hard "as prices fell and customers continued to adjust inventory amid deepening uncertainties
Abu Dhabi, UAE--The Abu Dhabi Securities Exchange (ADX) and Bahrain Bourse (BHB) announced today that Muscat Stock Exchange (MSX) has...Now MSX’s listed securities, along with those of ADX and BHB, are available for digital trading
Last Year ADX and MSX signed a Memorandum of Understanding (MoU) strengthening bilateral collaboration in areas related to exchange of expertise, information, and advisory services
Dubai, UAE--Dubai International Financial Centre (DIFC) unveiled the “DIFC Metaverse Platform” to attract technology innovators from around the world. The...It is part of a strategy being developed by Dubai International Financial Centr to accelerate Dubai’s status as a global metaverse leader
The platform is commensurate with the Dubai Metaverse Strategy, which aims to add US$4 billion to Dubai's GDP, support 40,000 virtual jobs by 2030 and attract 1,000 companies
The region remains cautious as it takes a strategic approach to invest in the technology by focusing on experimentation and...The region remains cautious as it takes a strategic approach to invest in the technology by focusing on experimentation and finding suitable business use cases, says an expert.
"This approach not only minimizes risk for the initial investments but also helps position the GCC for success in the metaverse economy," says Jad Baroudi of Strategy & Middle East
Saudi Arabia plans to invest more than US$266 billion to produce cleaner electricity and expand its power grid, the kingdom's...Despite its goal of achieving net zero carbon emissions by 2060, Saudi Arabia remains hugely dependent on crude oil exports.
The Saudi minister said the Kingdom is determined to be the leading exporter of clean hydrogen.
ABU DHABI, UAE - Abu Dhabi Global Market (ADGM) Monday received a French delegation to strengthen bilateral relations through dialogues...ADGM is home to an increasing number of French companies including renowned anchor tenants such as BNP Paribas Group.
Dialogues were exchanged through an open platform discussion along with closed-door sessions and roundtables.
TikTok is fighting for its survival in the US with rising calls from mainly Republican lawmakers that the company should...To strengthen its position, TikTok for months held confidential talks with the US government to find a long-term arrangement that would satisfy any national security concerns.
A tentative proposal struck in August included direct oversight of TikTok USA by government officials and third-party companies.
- Riyadh, Saudi Arabia--Aramco has signed more than 100 agreements and Memorandums of Understanding valued at around $7.2 billion to help...
The agreements were signed with Zoom, Taulia Inc, DHL, Ministry of Investment of Saudi Arabia, Accenture, Hassana Investment Company and Achilles among others.
The iktva program has achieved 63 percent local content in 2022, up from 35 percent in 2015, when iktva was launched.
