The company's shares shoot up 8%.
OpenAI, the company behind ChatGPT, announced Monday it is teaming up with chip giant Broadcom to design and build its...
This helps EasyLease expand its presence in mobility sector.United Trans has been at the forefront of transforming the regional transport spectrum.
The company collaborates with major global organizations across all modes of transport.
RIYADH, SAUDI ARABIA – flynas, the Saudi air carrier and the leading low-cost airline in the Middle East and the...The deal with Airbus was a strategic step for flynas, consolidating its position as a leading low-cost airline in the Middle East.
The company is moving forward in its plan to double the fleet size after getting approval to purchase 250 aircraft.
Tehran, Iran--The trade exchanges between Iran and Turkey in the first two months of 2024 reached $930 million, showing a...According to a report, Turkey’s exports to Iran in January and February reached $580 million, recording a 23 percent increase
Turkey’s imports from Iran however registered a 22 percent decline and fell from $450m in January-February 2023 to $350m
Manama, Bahrain--The Central Bank of Bahrain (CBB) announces that the monthly issue of the short-term Islamic leasing bonds, Sukuk Al...As per reports, subscriptions worth $128.67 million were received for the $69.14 million issue, which carries maturity of 182 days
The expected return on the issue, which begins on April 4 and matures on October 3, is 5.90%, equivalent to the previous issue
- The decline was in part due to a weak sales market in China.
In explaining the drop, Tesla pointed to a hit from the production ramp-up of an updated Model 3 at its California factory and plant shutdowns due to shipping diversions
Financial services firm Morningstar said the decline also "points to a slowdown in demand for Tesla's vehicles, as the company's competitors may have cut price more than Tesla
The two will work to develop AI-based banking capabilities.The new AI Innovation Hub will focus on innovation, sustainability, and customer experience
It will accelerate the adoption of new innovations and AI technology into financial services
The suit filed in June of 2020 sought US$5bn in damages.The lawsuit, filed in a California court in June 2020, claimed Google's practices had infringed on users' privacy by intentionally deceiving them with the incognito option
The settlement calls for no cash damages to be paid but leaves an option for Chrome users who feel they were wronged to sue Google separately to get money
Arcera will aim to improve the quality of "human life."It will seek to build a global life sciences powerhouse set to make significant contributions to realizing Abu Dhabi’s 2030 Healthcare Life Sciences Vision
With a workforce of over 6,500 people in 90 countries all over the world, Arcera aims to offer groundbreaking solutions that foster longer and healthier lives
ABU DHABI, UAE - The UAE insurance sector continued to grow in Q4 2023, as reflected by the increase in...The number of licenced insurance companies in the UAE remained at 60, the CBUAE announced in its quarterly economic report.
The insurance of persons and fund accumulation premiums decreased by 12.4 percent YoY.
- RIYADH, SAUDI ARABIA - The Saudi Ports Authority (Mawani) has announced the addition of the new shipping service 'NRS' by...
The NRS shipping service will link Jeddah Islamic Port to Yanbu Commercial Port, Neom Port, Aqaba Port in Jordan, and Sokhna Port in Egypt.
This will further establish the Kingdom's position as a global logistics hub that bridges three continents,
