Ajman, UAE -- Real estate transactions in Ajman reached AED 2.97 billion in September, achieving a remarkable growth of 53...
If confirmed, OpenAI workers' sale of a reported $6.6 billion in shares to investors would make the company the world's...
MONTREAL, CANADA – In the first quarter of 2024, the International Civil Aviation Organization (ICAO) projected that passenger air traffic...ICAO’s latest analysis also reveals new insights into aviation industry for the year 2023.
It said that air traffic on most routes had reached or surpassed pre-pandemic levels by end of 2023.
German newspapers reported that the American sports equipment giant overcame their rival's home advantage with a bid of around 100...Nike scored their biggest upset this week when they persuaded the DFB to drop Adidas after four World Cup wins and 70 years
The Adidas contract with the German Football Federation will end after the 2026 World Cup in the United States, Canada and Mexico
- BRUSSELS, BELGIUM – The EU will put more pressure on the most popular online platforms, like X and TikTok, to tackle...
The European Commission, the EU's executive arm, is expected to adopt new guidelines.
They will come under the EU's mammoth content moderation law, the Digital Services Act.
MOSCOW, RUSSIA – US will no longer be able to dictate oil prices in the Middle East, Director of the...The US cannot dictate prices, although they would like to as the world is becoming a multipolar one, a Russian official said.
"This multipolarity is expressed in particular in the existence of the group of countries known as OPEC+," he added.
Riyadh, Saudi Arabia - Saudi Arabia's aviation sector soared to new heights in 2023, with a significant increase in both...Passenger numbers saw 26% jump, reaching 112 million compared to the previous year's 88 million, surpassing pre-pandemic levels
Currently, Saudi Arabia boasts connections to 148 destinations with at least 52 daily flights to and from the country
Its net profit spiked to US$3.7 billion in 2023.Enel said that before exceptional items, profit rose 21 percent to $7.04 billion, in line with the company's objectives
The company's revenue fell 32 percent to $103.62bn as prices declined as part of a "normalization of the energy sector"
The financial sector plays vital role in the Kingdom's economy, with a 9.5% surge in operating income and 10.9% increase...The financial sector plays vital role in the Kingdom's economy, with a 9.5% surge in operating income and 10.9% increase in non-interest income in FY 2023, says a report.
With a promising outlook based on strong capitalization, loan growth, and improving asset quality, the sector is well-positioned to continue its upward trajectory, it adds.
- Brussels, Belgium - Business activity in the eurozone stabilized in March thanks largely to a "modest recovery" in the service sector,...
"Business activity in the euro area came close to stabilizing in March" with "only a marginal decline in output of goods and services", the survey said.
The ECB has kept its interest rates steady since October, following an unprecedented series of increases to tame what was red-hot inflation.
- The deliveries sped up 9.5 percent to 10,112 vehicles.
2023 was the best year ever recorded," the brand said in a press release, with sales up 12.1 percent to US$2.9 billion
Operating profit reached $785 million, up 17.8 percent, with operating margins widening to 27.2 percent, said Lamborghini
SEOUL, SOUTH KOREA – South Korean flag carrier Korean Air said on Thursday it will sign a US$13.7 billion deal with...The move comes after the European Union approved the airline's takeover of smaller rival Asiana.
The deal involves the purchase of 27 A350-1000 and six A350-900 aircraft, Korean Air said.
