Beyond AI, new technologies will leverage artificial intelligence to drive the next phase of the Fourth Industrial Revolution, Alphaeus Hanson,...
Emma Zwiebler, CEO of the World Federation of the Sporting Goods Industry (WFSGI), sat down exclusively with TRENDS at the...
The net profit for the first nine months of 2022 was $104m.Revenues for the first nine months of 2022 rose to AED7.12 billion, while the revenues rose 29 percent to AED2.51 billion in the third quarter.
The Group's Q3 2022 EBITDA gained 224 percent year-on-year (YoY) to AED269 million. The Group reported EBITDA of AED863 million.
BP, flush with cash, revealed a $2.5 billion share buyback.Profits were weaker than the second quarter due to a dip in oil prices.
BP is meanwhile seeking to pivot towards cleaner energy and away from fossil fuels.
The partnership will support tech-driven economic growth in the Kingdom by promoting cutting-edge emerging technologies.The partnership will support tech-driven economic growth in the Kingdom by promoting cutting-edge emerging technologies
New York-based IBM has worked with the energy industry since 1947, when the first computer was installed in Aramco
- It posted $863.17m in revenues for the first nine months of 2022.
Mobile service revenues continued their recovery increasing by 10.7% to $393 million while equipment sales generated revenues of $48 million
Fixed services revenues soared 22.2% to $243 million, buoyed by the continued strong performance of the consumer segment
- The third quarters profits were boosted by higher oil prices.
Its net income totalled $42.4 billion, up from $30.4 billion during the same period last year
The company's CEO Amin Nasser touted the firm's "strong earnings and record free cash flow" of $45 billion, up from $28.7 billion at this time last year
Tokyo, Japan— Toyota kept its annual net profit forecast unchanged on Tuesday, as the weaker yen offsets supply-chain disruptions that have...The automaker said it now expects to sell half a million fewer vehicles in the current financial year because of the global chip shortage and other problems
The country's exporters have reaped the benefits of a cheaper yen, which has lost more than 20 percent of its value against the dollar this year
More than a year after it took power, Taliban has failed to curb opium poppy cultivation in the country as...According to the Vienna-based UNODC, the 2022 poppy crop was also "the most profitable in years"
The income made by farmers from opium sales more than tripled from $425 million in 2021 to $1.4 billion in 2022, the report said
- Riyadh, Saudi Arabia— Egypt's Sovereign Fund has accumulated assets worth $621-660 million as it seeks to double it by the...
The CEO of the fund said that the issued capital of the fund has been fully covered at $5 billion
The army-owned companies Safi and Wataniya would not be seeking stock exchange listings this year, according to the CEO
The UAE is China’s most important trade partner in the Arab world and responsible for 28 per cent of total...It re-exports more than 60 percent of Chinese exports to the region, where the value of trade exchange between the two countries has exceeded $70 billion.
Ali Obaid Al Dhaheri, UAE Ambassador to China, said early this month that UAE and China ties were a "successful model" for international bilateral relations.
The war raging in Ukraine and other overlapping crises are taking a toll on labor markets worldwide, the UN said,...In a fresh report, the International Labor Organization cautioned that the outlook for global labor markets has deteriorated in recent months.
It also warned that excessive policy tightening could cause "undue damage to jobs and incomes in both advanced and developing countries."
