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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%.

Nestle to cut 16,000 jobs

The company's shares shoot up 8%.

Multiply Group buys stake in ISEM

Multiply Group will hold 60.8% of ISEM.

Uncertainty rules even as MENA crypto market grows

Crypto investors fear a possible global recession, especially amidst weak economic activity data, Wael Makarem, Senior Market Strategist - MENA...

UAE professionals seek challenging work, advanced tech at workplace: Survey

59 percent claim remote work option is an important aspect in their workplace In the UAE, there is a higher...

Fewer restrictions, fast vaccination give Dubai edge in events sector

The emirate plans to host one of the biggest gas conferences and an African investor summit this year Dubai aims...

Volkswagen to stop sale of combustion engines in EU by 2035

The EU will unveil tougher 2030 CO2 emissions targets and regulatory proposals on July 14 The firm says it will...

Saudi economy to grow much faster: Goldman Sachs

Goldman raises Saudi growth forecast for GDP to 4.5% this year, compared to an earlier 2.5% Kingdom's overall economic activity...

Middle East’s aviation sector may recover to pre-COVID size by 2023

Long-term growth of the Middle East global commercial fleet is forecast to be 4.2% CAGR A survey suggests that MRO...

Yalla Group to buy back shares worth $150-million

The company will use its existing cash balance to buy back shares over the next 12 months It also quashes...

More than AED 4 billion worth of real estate and properties sold in Dubai in week

Around 1,500 real estate transactions made in during one week 120 plots of land, and more than a thousand apartments...

Abu Dhabi makes commercial, industrial activities available for foreign ownership

Abu Dhabi Department of Economic Development believes the decision will attract further foreign investment Department amends law to enable 100...

Saudi Arabia among top 10 in terms of mobile Internet speeds

Recent reallocation of frequency spectrum likely to increase the capacities of radio networks, improve quality of services Country plans to...

How is technology changing the fortunes of Bahrain?

Small island nation Bahrain is spearheading its investment in the technology sector in a bid to position itself as a...

Over 200 days of Sheikh Mohamed bin Zayed as UAE President: Decisions, contributions and meetings

The UAE's policy will always support peace and stability in the region and the entire world, based on wisdom and...

Company News

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BNPL gains currency in the UAE

It also seems to be extremely helpful for customers who want to pay for a purchase in installments or make...

GCC luxury market grows despite supply chain woes

The GCC personal luxury market will continue to be on a ‘strong growth trajectory,’ Chalhoub Group Chief Strategy Officer (CSO)...

Europe energy market: Will Qatar replace Russia?

The United States has asked Qatar to supply gas to Europe if Russian supplies were disrupted due to Moscow's military...

Most Read

GCC exchanges recoup their losses

From the UAE to Saudi Arabia, the main indexes made up for their losses as the week came to a...
  • The Abu Dhabi index fell 1.3 percent on Thursday, its biggest daily fall in more than a month
  • The Dubai index on Monday climbed 1.3 percent to its highest in the previous two weeks

Why few brands lag behind in sustainability game?

The best brands take a cross-functional approach, embedding sustainability within divisions and business units while linking incentives to sustainability targets....
  • Winning brands decide which specific sustainability topics they want to use to actively engage with consumers
  • To bring sustainability messages authentically to consumers, the best brands develop a sensitive consumer-engagement strategy

Inspiring people is ‘a good legacy’: Sheikha Lubna

Sheikha Lubna Bint Khalid Al Qasimi, the first woman to be an Emirati cabinet minister, opens up to TRENDS about...
  • In the UAE, every generation witnesses significant changes, but one constant is the government’s support towards and confidence in youth, said the Sheikha
  • Empowering women and giving them the right opportunities is not new; it had already started since the foundation of the UAE, she added