Washington, United States - iPhone juggernaut Apple is in talks to invest in OpenAI, the creator of ChatGPT and the biggest...
Qatar agreed on Monday to supply Kuwait with 3 million tons per annum (mtpa) of liquefied natural gas (LNG) for...
Abu Dhabi, UAE - AD Ports Group and International Development Bank (IDB) have signed a deal to review opportunities for...IDB aims to provide its services to corporate clients and support a range of key infrastructure projects in UAE and Iraq.
The UAE and Iraq have continued to strengthen trade ties in 2022, with several trade agreements and development deals.
There are at least 25,000 rooms free even during the peak days of the World Cup, expected between November 24...For accommodation bookings, neighbouring Saudi Arabia has been the top market, followed by the United States, Mexico, Argentina, India, Britain, Brazil, Canada, Iran and Japan.
Qatar is the smallest country to hold the World Cup, leaving many foreign fans worrying about prices and the availability of rooms.
Fears have been growing in Europe's economic powerhouse about an over-reliance on Beijing, and letting critical infrastructure fall into the...Chinese company Sai MicroElectronics had been seeking to buy the Dortmund factory of Elmos through its Swedish subsidiary Silex.
The German government had rejected the planned takeover because "the purchase could endanger the order and security of Germany.
Third quarter operating income grows by 4 percent.In a statement, the bank said the growth in net profit is a result of improved operating performance and lower expected credit losses.
The bank returned to profitability due to the execution of an effective strategy, said Sheikh Faisal bin Sultan bin Salem Al Qassimi, Chairman of the Board of Directors UAB.
- Zuckerberg said the cuts represented 13 percent of Meta's workforce and would affect its research lab focusing on the metaverse...
The tech industry is currently in a serious slump and several major firms have announced mass layoffs -- Twitter's new owner Elon Musk fired half its staff last week.
Ad-supported platforms such as Facebook and Google are suffering from advertisers' budget cuts as they struggle with inflation and rising interest rates.
The company reported net profit of $161m for 9M of 2022.In a bourse disclosure, the company said the gross revenue for the same period increase by 24 percent year on year to AED1.521 billion ($415 million).
The gains in profit were driven by higher realized prices, “prudent cost control and strong operational performance in the Kurdistan Region of Iraq (KRI)”, the filing said.
- Dubai, UAE---Dubai real estate market recorded realty deals worth AED2.2 billion ($598 million) on Tuesday, according to the data by...
The deals include 544 sales transactions worth AED1.64 billion, in addition to 78 mortgage deals of AED590.54 million.
Residential properties in the UAE remain a top priority for international real estate investors.
- Its profit rose to $52 million in first nine months.
The Riyadh-based firm, partly owned by media giant MBC group, saw its revenue jump 64 percent to $216 million
It added that the results were bolstered by the company's efforts to enhance regional expansion and enter new projects and strategic partnerships
Sharm el-Sheikh, Egypt—Saudi Arabia has signed two separate agreements with Oman and Egypt to boost ties in the energy field....The MoU between Saudi Arabia and Oman also includes cooperation on hydrogen as well as enhancing digital transformation in the energy field
The Saudi-Egypt deal aims to enhance cooperation in the production and export of electricity from renewable energy, transport of clean hydrogen, and electrical interconnection
Musk has been searching for ways for the social media platform to make money after the buyout, including an idea...Documents filed with the SEC indicated that he had disposed of more than 19 million shares, worth in excess of $3.9 billion
Musk has been pushing for ways to pay for the massive deal, for which he took on billions of dollars in debt and earlier sold $15.5 billion worth of shares in Tesla
