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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%.

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...

New standardization, metrology legislation to drive UAE’s industrial sector: Sultan Al Jaber

New UAE standardization and metrology legislation will boost its industrial sector and national economy The standardization regulations will create an...

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...

Exclusive: ‘Cheerleaders’ hired to clap during FIFA Cup

Young Arab boys and girls from countries such as Lebanon are being flown to Qatar and paid $800 to cheer...

Company News

Latest News

RAK Properties net profit rises 348% to AED120m in H1

Revenues of the UAE-based real estate firm, which is listed on the Abu Dhabi Stock Exchange, grew by 121 percent...

Saudi economy likely to grow nearly five percent this year

Saudi economy is expected to grow 4.8 percent in 2021 from 2.2 percent last year, according to the estimates of...

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...

Most Read

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.

CEOs of listed Saudi firms resign in unusual numbers

At least 26 CEOs have resigned from the listed companies of Saudi Arabia in just last six months as the...

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...