Singapore, Singapore -- Facebook owner Meta has agreed to acquire Manus, an artificial intelligence agent created by a company founded...
Tech firms also led the rally in Asia, with South Korea's Samsung Electronics, Taiwan's TSMC and Japan's Renesas among the...
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,
Formula One owners paid US$4.5 billion for the deal.The acquisition is expected to be completed by the end of 2024 subject to clearances and approvals.
MotoGP said Liberty Media would acquire "approximately 86 percent" stake from Spain-based owners Dorna.
BANGKOK, THAILAND – Asian economies are not doing as well as they could and growth in the region is forecast...Asian economies are not doing as well as they could and growth in the region is forecast to slow to 4.5 percent this year from 5.1 percent in 2023.
A key risk is that the US Federal Reserve and other major central banks might keep interest rates higher than before the pandemic.
Sharjah, UAE--Expo Centre Sharjah (ECS) has unveiled its future projects and forthcoming initiatives to develop and enhance the exhibitions sector...The ECS intends to expand its operational capacities, augment exhibition areas and venues thereby enticing a broader spectrum of international exhibitors
The plan was outlined in a meeting of the board of directors designed to meet the business community's aspirations, by providing premier platforms for showcasing products
Shenzhen, China--China's manufacturing activity expanded for the first time in six months in March. The official purchasing managers' index (PMI)...The PMI jumped to 50.8 in March from 49.1 in February, above the 50-mark separating growth from contraction
The PMI data showed that the new export orders rose into positive territory, breaking an 11-month slump
Tokyo, Japan--The UAE exported 44.1 percent, namely 31.3 million barrels, of Japan's crude oil needs in February 2024, according to...Japan bought nearly 71 million barrels of oil for February and 96.7% of that came from five Arab countries
The rest of Japan’s oil imports came from Asia (0.4%), Central and South America (1.7%), and the US (1.1%)
Abu Dhabi, UAE – Rotana, one of the leading hotel management companies in the region with over 100 properties in...This is in line with Rotana’s ambitious goal of launching eight properties in Saudi Arabia.
Dar Rayhaan by Rotana offers 133 keys, including 113 rooms and 20 suites,
Net profit grew by 13.1 percent compared to 2022Omantel continued to successfully implement its strategy Shift Gear despite market challenges and increasing competition.
Omantel Group revenues and profits, as the group's revenues were up by 9.7percent
- TABUK, SAUDI ARABIA – A few days ago, the Red Sea destination hosted several international football stars from Saudi Pro...
Among the football stars were Cristiano Ronaldo, Fabinho Tavares, Roger Ibanez and Roberto Firmino.
They also engaged in various water sports and marine activities, making the most of their time.
The banking sector across the GCC has demonstrated formidable growth and profitability, with Qatar leading in several key performance indicators,...Notably, Qatar National Bank (QNB), the titan among GCC banks in terms of assets, received an uplift in its long-term credit rating from A to A+.
The region has also seen a notable increase in profitability, with a significant double-digit rise of 23.1 percent, driven largely by growth in loan books.
