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Emirates NBD H1 profit $3.40bn

Total income rose by 12 percent in the same period.

ADIB H1 pre-tax profit $1.08bn

Q2 pre-tax net profit increases by 14 percent.

AstraZeneca to invest $50bn in US

Bulk of funds to go into a Virginia manufacturing center.

UAB net profit up by 50% for H1

Total assets increase by 11 percent.

TSMC Q2 profit up 60%

TSMC is the world's largest contract maker of chips.
  • US team explores ways to boost economic ties with UAE

    The delegation, led by Governor Spencer J. Cox, included over sixty prominent Utah government officials, business executives, and community leaders,...

    The meeting was organized by the US-UAE Business Council, the State of Utah Governor's Office of Economic Opportunity and the World Trade Center Utah

    The American delegation discussed strengthening relations with the UAE and opportunities for future cooperation with nearly 100 businessmen and women from both sides

  • Attacks using Log4j exploit, Botnets are on the rise

    While attacks using the Log4j exploit vulnerability can be effective for state actors focused on specific politically targeted websites, the...

    Some of the most notable services affected by the vulnerability include Cloudflare, iCloud, Minecraft: Java Edition, Steam, Tencent QQ, and Twitter.

    Given that there are still millions of unpatched sites using out of date Log4j code, it’s fertile ground for hackers.

  • Gulf construction market builds on KSA-UAE rivalry

    As Saudi Arabia is all set to become the largest construction site in the world, the competition between Dubai and...

    As Saudi Arabia is all set to become the largest construction site in the world, the competition between Dubai and Riyadh to attract investments will intensify further

    Over the last seven years, $1.1 trillion worth of real estate projects have been announced in Saudi Arabia, says a recent research by Knight Frank

  • Jebel Ali Free Zone propels automotive markets growth

    Jebel Ali Free Zone (Jafza), facilitated over 1.2 million metric tonnes (MT) from Dubai’s total volume of around 4.8 million...

    Jebel Ali Free Zone (Jafza) logistics infrastructure and global trade network have connected African, Asian and Middle Eastern traders to consumers globally.

    With companies from 70 countries and a workforce of nearly 8,000, Jafza’s infrastructure and trade volumes are an attraction for industry giants.

  • Saudi Arabia, Oman ministers discuss industrial cooperation

    Oman Minister of Commerce along with a delegation met Saudi Arabia Minister of Industry where the two discussed industrial cooperation...

    The two sides deliberated on Saudi Arabia's experience in managing and operating industrial cities.

    The two sides discussed Made in Saudi program and the financing aspects.

  • France sends latest nuclear shipment to Japan

    Two ships carrying reprocessed nuclear fuel destined for Japan set sail Saturday morning from northern France, an AFP photographer said,...

    MOX fuel is a mixture of reprocessed plutonium and uranium.

    Environmental activists have denounced the practice of transporting such highly radioactive materials, calling it irresponsible.

  • World Green Economy Summit to discuss food security

    The eighth World Green Economy Summit (WGES) will explore ways to improve global food security, sustainability of the food systems...

    WGES brings together global decision-makers and influencers to share their experiences to mitigate global food crises.

    The UAE plays a crucial role in addressing the issues relating to global food security.

  • UAE, Uruguay discuss cooperation in various fields

    Speaker of the UAE Federal National Council (FNC) Saqr Ghobash discussed with Uruguay's Minister of Livestock, Agriculture and Fisheries Fernando...

    The Speaker of the Federal National Council is leading a UAE parliamentary delegation on an official visit to Latin America from September 12 to 22.

    The 10-day tour includes Brazil, Uruguay, Paraguay and Colombia and aims to promote strategic partnerships with the UAE.

  • US to provide US$1.45bn per year in assistance to Jordan

    The US will provide $1.45 billion per year in bilateral foreign assistance to Jordan, from 2023 to 2029.

    The United States supports providing $1.45 billion per year in U.S. bilateral foreign assistance to Jordan beginning in 2023 and ending in 2029

    According to the US State Department, the MOU represents a major commitment to Jordan’s stability and the durability of the strategic partnership

  • US justice department gets a voice in Epic battle with Apple

    One year after a Californian court ruled in favor of Apple, the US justice department wants to have its say...

    In 2021 a California judge ruled against Fortnite-maker Epic, which had accused Apple of acting like a monopoly in its shop for digital goods or services

    Attorneys for Apple, Epic and the justice department will all speak to the appeals court, which will also consider their written arguments