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Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

BYD Q3 profit down 33%

This was a 33% year-on-year decrease.

Alphabet posts first $100 bn quarter

The growth was powered by cloud division buoyed by AI

Nvidia to take stake in Nokia

Nvidia share price soars 20%.
  • Qatari private exports value surge by 46 percent in Q1 2022

    Qatar Chamber (QC) said in its quarterly report that the export value of private sector in Q1 2022 hiked to...

    During Q1 2022, Asian countries (except GCC and Arab countries) received 50.4 percent of total exports valued QAR 3.89 billion.

    India was the top business partner receiving exports valued around QAR 1.79 billion representing 32.2 percent of total exports.

  • UAE’s Ministry of Energy and Infrastructure wins DACA Awards

    The UAE Ministry of Energy and Infrastructure received the 'Sustainability Leader in Shipping' award and a 'Decarbonization Champion in Power...

    The UAE Ministry of Energy and Infrastructure was received the Sustainability Leader in Shipping award

    The ministry also got a Decarbonization Champion in Power Sector award during the Decarbonization and Climate Action Awards

  • Chimera Capital launches two funds

    The funds are Shariah-compliant and fully fungible exchange-traded funds.

    Both funds will be listed on Abu Dhabi Securities Exchange (ADX).

    The new Shariah-compliant ETFs will offer UAE investors direct access to US equity markets, further expanding Chimera’s product offering, the company said.

  • 1,600 African companies join Dubai Chambers since Oct 2021

    Over 1,600 new African member companies have registered with Dubai Chambers since October 2021, growing 6.5 percent to reach 26,420...

    The number of African firms grew 6.5 percent to reach 26,420 today, the Chambers said.

    A total of 550 bilateral business meetings were held on the sidelines of Global Business Forum Africa last year,

  • 8 conciliators in economic disputes sworn in at Abu Dhabi

    Eight members of the first batch of conciliators in economic disputes and consumer complaints were sworn in at Abu Dhabi....

    The first batch of 8 conciliators in economic disputes and consumer complaints were sworn in

    The conciliators will begin their duties in the Abu Dhabi Department of Economic Development

  • EGA holds wearable tech trial

    Trial aimed at preventing heat-related illness in workers.

    50 volunteers working in EGA's hottest operations are wearing devices to monitor critical health indicators.

    Data is transmitted in real-time to supervisors and EGA's occupational health team, with alerts to variations of potential concern.

  • Alpha Dhabi’s ‘W Solar’ to invest in Libya renewable energy

    The company, a subsidiary of Alpha Dhabi Holding, signed an MoU with the General Electricity Company of Libya.

    The company, a subsidiary of Alpha Dhabi Holding, signed an MoU with the General Electricity Company of Libya

    By 2030, Libya aims for 22 percent of electricity generation to come from renewable energy

  • Israel to pay housing allowance to South Lebanon Army veterans

    Israel on Sunday approved housing allowances for South Lebanon Army (SLA) veterans residing in the Jewish state, providing "historic justice"...

    Israeli army said the decision of housing allowances for South Lebanon Army had been four years in the making

    Many SLA veterans say they feel Israeli authorities have abandoned them in their adopted home, often working in low-paying jobs and unable to return to Lebanon

  • Yiwu Market of Dubai ready to welcome consumers

    Yiwu Market of Dubai, the first smart free zone market in the region, will open tomorrow, aiming to revolutionize the...

    Yiwu Market is the first phase of the Dubai Traders Market in the Jebel Ali Free Zone (Jafza)

    The market comprises 324 warehouses spread across two floors

  • UN meet aims to restore faltering health of global oceans

    A long-delayed UN conference on how to restore the faltering health of global oceans kicks off in Lisbon Monday, with...

    The conference will see a push for a moratorium on deep-sea mining of rare metals needed for a boom electric vehicle battery construction

    Microplastics found inside Arctic ice and fish in the ocean's deepest trenches are estimated to kill more than a million seabirds