- Its profit declined to $69.6m in the first nine months of 2022.
According to a bourse filing, the developer had posted $87 million profit in the corresponding period the year earlier
The decline in profit is mainly due to the 17 percent reduction in income from the associate company’s business, resulting from lower land sales volume
- The meeting discussed news exchange, news agencies, radio, Television, media regulation and international media relations.
The meeting discussed news exchange, news agencies, radio, Television, media regulation and international media relations
The Turkish Ambassador to the Kingdom Fatih Ulusoy was also part of the meeting besides President of the Saudi Press Agency Dr. Fahd bin Hassan Al Aqran
- Riyadh, Saudi Arabia— ACWA Power Company of Saudi Arabia has signed an agreement with Egypt to build a 10 gigawatts...
According to the Saudi Ministry of Energy, the agreement has been reached with Egypt’s New & Renewable Energy Authority and Egyptian Electricity Transmission Co
Saudi Arabia’s ACWA Power has invested $1.5 billion in a wind power plant in Egypt as the company expands its horizons in renewable energy
- As progress is made on the project, which is estimated to take several years, Google plans to integrate its advances...
The company wants to mine data in new languages not only from texts available on the internet but also from videos, images and speech
Meta earlier this year announced a similar plan called No Language Left Behind designed to create translation systems to cover hundreds of world languages
- The beer will not offend religious sensibilities in UAE as it is aimed at foreigners and also because it produces...
The West Bank's beverage last week passed past an army roadblock on its way to the Israeli port of Ashdod from where it is exported to the UAE
Selling in the UAE market has both financial and symbolic value for Taybeh, which was launched in 1994 as the first microbrewery in the Middle East
- Twitter users have been watching closely to see whether Musk will reinstate Trump, banned for inciting last year's attack on...
Since Musk takeover on Twitter, Trump has suggested that he would be sticking with his own Truth Social messaging platform rather than going back to Twitter.
The new Twitter boss said he had talked to civil society leaders about how Twitter will continue to combat hate and harassment and enforce its election integrity policies.
- Abu Dhabi, UAE---Abu Dhabi National Oil Company (ADNOC) and Siemens Energy AG today announced plans to pilot blockchain technology to...
The the pilot will show how much CO2 was used to make products such as Murban crude, ammonia, and aviation fuels.
This information will be automatically recorded onto a decentralized blockchain ledger.
- The award is aimed at upping lower-carbon-intensive production capacity.
The award covers ADNOC’s onshore and offshore fields and will see an additional $750 million above guidance added to Oilfield Services (OFS) revenue, or $150 million per year.
The contract award brings the total value of awards confirmed by ADNOC Drilling in 2022 to $8.85 billion.





















