solutions by stc, Devoteam ink MoU
The aim is to foster avenues for collaboration in technology.
Business
Savola Group net profit up 45%
Business
Burjeel Holdings Q1 profit $33m
Business
Carrefour now opens in Israel
Business
Maersk Q1 profit dips
Business
BMW Q1 net profit at $4.1bn
Business
Airbus Q1 net profit at $514m
Business
EITC posts Q1 revenue at $936m
Business
ADNEC launches Tourism 365 to scale up tourism sector in Abu Dhabi
ADNEC is looking to create experiential travel opportunities for tourists coming to Abu Dhabi through a new company called Tourism...
Qatar Airways to fly to Zimbabwe, Zambia
Qatar Airways said with the two new routes, the carrier will operate over 100 weekly flights to 27 destinations...
Netix Global BV to curate conference on building automation in September
The launch-cum-conference will be live-streamed in 20 countries and see more than 1000 attendees from across the globe Netix’s Intelligent...
Emirates Group Security, India’s GMR Aviation Academy to foster aviation training
EGS has signed an MoU with India-based GMR Aviation Academy for aviation education The MoU will reportedly help EGS...
Al Maryah Community Bank appoints board of directors
The new board will steer the bank to be the leading digitalized financial services provider in the UAE Established in...
Emirates posts $5.5 b loss due to pandemic restrictions
Group's dnata ground services at airports reported a loss of US$ 496, down from US$ 168 million profit in...
Tesla to accept bitcoin again when greener
Bitcoin are produced by powerful computers that consume huge amounts of electricity in the process Tesla has said it invested...
Ooredoo Kuwait selects Ericsson Charging to improve customer experience
Ericsson platform will support 5G architecture and interfaces Ooredoo Kuwait set to benefit from a leading charging system that provides...
From Jun 15, Facebook employees can opt for remote work permanently
Facebook will let any employee to work remotely permanently if the job can be performed that way Company expects it...
Zain KSA launches campaign to protect children from harmful online practices
Internet Monsters campaign portrays villains from classic fairy tales as evil digital characters The campaign is an extension of the...
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Revenue from Saudi cinema may exceed $1bn by 2030KSA, UAE play well as e-gaming trends across GCCExclusive: Middle East’s retail sector rides on AR and hybrid shopping to become $600bn digital economyTECOM Group profit soars 13%UAE startups eye Saudi Arabia for growth, expansionSaudi Arabia leads GCC AI healthcare raceDisparity remains as Saudis, Emiratis see wealth gains
solutions by stc, Devoteam ink MoU
The aim is to foster avenues for collaboration in technology.
Business
Company News
stc Q1 revenue $4.84 billion
Business
Savola Group net profit up 45%
Business
Burjeel Holdings Q1 profit $33m
Business
Carrefour now opens in Israel
Business
Latest News
DEWA Q1 profit $207.8m
Business
Maersk Q1 profit dips
Business
BMW Q1 net profit at $4.1bn
Business
Airbus Q1 net profit at $514m
Business
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Business
GFH Financial Group Q2 net profit $30m
The net profit increased by 32.74 percent compared to Q2, 2022.
- Total income for the second quarter of 2023 was $86.83 million compared to $56.11 million for the second quarter of 2022, a rise of 54.7 percent.
- Consolidated net profit for the second quarter was $32.75 million compared with $26.03 million in the second quarter of 2022, an increase of 25.8 percent.
Business
NPCC receives award for MERAM project
The award has been received from ADCNOC Gas.
- The project is valued at AED 13 billion and is being led by the National Petroleum Construction Company (NPCC) in partnership with Técnicas Reunidas.
- MERAM project is expected to increase the recovery of methane from ADNOC Gas's facilities.
Business
Huawei H1 revenue at US$43.3bn
The firm works to diversify its business operations.
- The Shenzhen-based company has for several years been at the center of an intense tech standoff between China and the US.
- Since 2019, sanctions have cut the company off from global supply chains that gave it access to US-made components and technologies.