San Francisco, United States - OpenAI on Monday said it raised $40 billion in a new funding round that valued...
Wall Street's main indexes opened in the red, with General Motors sinking more than nine percent in early trading while...
North Korea, Turkmenistan, Equatorial Guinea, Syria and Venezuela present the highest commercial bribery risk, said the TRACE Bribery Risk Matrix 2022.The TRACE Bribery Risk Matrix measures a country's score on the basis of four domains, which are derived from nine sub domains.
The matrix measures the risk in 194 jurisdictions, territories, and autonomous and semi-autonomous regions.
ADIB's revenue increased by 23% to US$1.8 billion in 2022.ADIB reported a 60 percent growth in the fourth quarter of 2022 with a net profit of US$326 million.
The bank's revenue in 2022 was driven by a 43 percent increase in fees and commissions and a 24 percent growth in funded income.
The $15 million pact will expand YahClick's presence in Africa.The deal will make Sudan's Canar Telecom one of YahClick’s largest service providers across the region.
Under the agreement, Canar has procured significant satellite capacity from YahClick.
ABU DHABI, UAE - UAE Ministry of Industry and Advanced Technology (MoIAT) Monday launched the Industrial Census project, in collaboration...The project aims to create a comprehensive database of all establishments that practice industrial activities.
The project will help create new investment opportunities for manufacturers, investors and owners of industrial companies.
- The net profit was up 16 percent from $3.92 billion in 2021.
In a bourse filing, the bank attributed the rise in net profit to an increase in the total operating income by 11.12 percent.
The bourse filing said loans and advances in 2022 stood at 568.34 billion riyals, up 25.5 percent over 2021.
Mumbai, India--Gautam Adani's vast Indian business empire lost billions of dollars more in value on Monday after its rejection of...The slump was sparked by a report by Hindenburg Research that last week alleged "brazen stock manipulation and accounting fraud scheme over the course of decades".
The three-day selloff has now erased about $71 billion in market value, according to Bloomberg News. Last week Adani's firms recorded a slump of around $50 billion.
It suffered losses caused by a recall of faulty sleep respirators.The Dutch company unveiled net losses of $114 million for the fourth quarter of 2022 and 1.6 billion euros for last year as a whole, largely due to the recall
Chief Executive Roy Jakobs said the company needed to improve performance and for that reduction in its workforce is required for 6,000 roles globally by 2025
- Dubai, UAE-- Over 2,000 cyclists from the UAE and overseas are expected to participate in the 13th edition of the...
The cycling event will be organized on 19th February 2023 with the support of the Dubai Sports Council and the UAE Cycling Federation
The Spinneys Dubai 92 Cycling Challenge comprises an outrider race for amateurs with a short distance of 40 km
- The slump in the company's stocks was sparked by a report by US short-seller investment group Hindenburg Research that alleged...
Last week's slump saw Adani -- who is seen as close to Prime Minister Narendra Modi -- tumble from third on the Forbes real-time rich list
On Monday the 60-year-old was at 11th position in the ranking, which put his wealth at $90.7 billion, below fellow Indian tycoon Mukesh Ambani
It retained lead over the rival Volkswagen for the third year.In spite of the chip shortage and Covid-related supply chain disruption, Toyota and its subsidiaries sold nearly 10.5 million vehicles last year
The automaker pioneered hybrid cars, but some critics say the company has been slow to make the shift to battery-powered engines even as demand soars
