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TSMC first-quarter net profit soars

Its net revenue for the quarter soared nearly 42%.

Tesla’s first Saudi showroom opens

The opening in Riyadh comes with Tesla sales dropping.

Mubadala Energy enters US energy market

Acquires a 24.1% interest in US firm Kimmeridge’s SoTex

Borouge to increase dividend from 2025

The company okayed $650 million final dividend for 2024.

TikTok’s US future uncertain

It must find non-Chinese owner to avoid ban.

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...

Walls, floor, ceiling can store power to light up your home and office

Concrete can possibly be a source of energy, says researchers Cement has potential to produce enough power to meet energy...

New distribution company to help Sharjah publishers reach global markets

New publishing company under the Emirates Publishers Association being set up The company will operate from the EPA headquarters near...

GDPR: Europe entering a new era of data protection

For weeks now, inboxes have been flooded with bizarre ensemble of companies and organizations reminding people of personal data and...

Argentina seizes 1.6 tons of cocaine headed for Dubai

Argentine authorities seized 1.6 tons of cocaine hidden in animal feed destined for Dubai and detained 12 people, police said...

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UAE among world’s fastest countries in deploying 5G

The latest technology is likely to accelerate the deployment of tech solutions that enable establishment of smart cities, including smart...

Turkey battles forest fires for fourth day

The wildfires broke out on Wednesday across southern provinces, injuring more than 300

Man faces 20 years in prison in US for illegally exporting laboratory equipment to Iran

Reza Sarhangpour Kafrani, aka Reza Sarhang, co-owned the Canada-based company Prolife Global, which conducted business in the US and elsewhere.

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WHO urges action to suppress Covid before deadlier variants emerge

The highly-transmissible variant, first detected in India, has now surfaced in 132 territories and is partly to blame for an...

Muammar Gaddafi’s son suggests he may run for president in Libya

He spoke in a rare interview, given to the New York Times at an opulent two-storey villa inside a gated...

Dubai to lower, waive off fees on govt services to boost growth

In order to give a fillip to economic activity in Dubai, its government will lower and in some cases completely...