- Firm's result is seen as a gauge of Chinese consumer sentiment.
The heavy net loss attributable to ordinary shareholders was primarily due to a decrease in market prices of its equity investments in publicly traded companies.
Alibaba said it achieved revenue growth by "enhancing operating efficiency" as well as through the expansion of its logistics and services businesses.
- RIYADH, SAUDI ARABIA - The Saudi Ports Authority (Mawani) won an award at the ninth edition of the Maritime Standard...
The awards is an annual industry event that felicitates top performers in the shipping, ports, and related sectors in the Middle East and the Indian subcontinent.
The award crowns Mawani’s efforts in revolutionizing the Saudi maritime ecosystem and facilitating global trade.
- ACX is setting up a carbon trading exchange in Abu Dhabi.
ACX, based in Hub71, is a global environmental commodities exchange that uses distributed ledger technology leveraging blockchain architecture to create securitized carbon credits.
In March, the Abu Dhabi Global Market teamed up with ACX to create the “world’s first fully regulated” carbon trading exchange in Abu Dhabi.
- Saudi officials are putting on 240 weekly flights linking the kingdom to Qatar, up from six normally, and easing overland...
This year's World Cup in neighboring Qatar, by contrast, has the feel of a home game for Saudi fans as Doha is a mere two-hour flight from Jeddah
Turkistani, a Saudi fan is ready to welcome his other fellow citizens in Doha, having stocked up on green-and-white t-shirts, plastic blowhorns, drums and balloons to distribute
- Among the agreements was Saudi investment for South Korean refiner S-OIL's Shaheen project, which would build petrochemical production facilities in...
Saudi Crown Prince Mohammed Bin Salman arrived in Seoul Wednesday. His Asian tour is aimed at shoring up the Gulf nation's ties with Saudi's biggest energy market.
During the visit, the two governments and companies from both countries signed about 20 deals in areas from agriculture to railways.
- The banks said in two separate regulatory announcements that all assets and liabilities of HSBC Oman will be transferred to...
The banks said in two separate regulatory announcements that all assets and liabilities of HSBC Oman will be transferred to Sohar International
Earlier in 2012 HSBC Bank Middle East’s operations in Oman merged with Oman International Bank to create a HSBC Bank Oman
- It is expecting 1.5m travelers at Abu Dhabi International Airport.
The travelers to Abu Dhabi can experience events like Formula 1 Etihad Airways Abu Dhabi Grand Prix this weekend and many more attractions over the winter season
The airport service will provide a faster check-in experience and can accommodate a greater number of guests, without them having to stand in queues
- Egypt enjoys abundant solar and wind resources that can allow for the generation of renewable power at a competitive cost.
Egypt enjoys abundant solar and wind resources that can allow for the generation of renewable power at a competitive cost
Egyptian authorities are reportedly working to revise the country’s renewable energy strategy to include green hydrogen
- New York, United States— Twitter's new boss Elon Musk has asked staff to choose by Thursday between being "extremely hardcore" and...
Elon Musk has come under fire for radical changes at the social media company, which he bought for $44 billion late last month
Staff have been asked to follow a link to affirm their commitment to "the new Twitter" by 5:00 pm New York time





















