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SAIB reports $139 million Q1 net profit

its assets increased by 20.08 percent to $43.65bn.

Nissan forecasts $5.3bn annual net loss

Last year, it announced 9,000 job cuts worldwide.

Saudia to acquire 20 wide-body aircraft

10 of these being acquired for its flydaeal low-cost airline

ADIB’s Q1 net profit $517 million

Q1 2025 net profit before tax increased 18% YoY.

Emirates Islamic Q1 profit $394m

The bank's profit crossed AED 1bn mark for the first time.

Erem Media’s use of iZooto reduces dependency on Google

iZooto replaces Google search as number 1 source of traffic for Erem Media Group 

RTA eyes futuristic suspended transport network in Dubai

The use of this type of transport in Dubai is aimed at accelerating the mobility of people, ease congestion

Survey: 66% business leaders in Egypt, GCC to invest more in data analytics

Incorta, a US data analytics company, conducted the survey About 153 business leaders in 11 industries from Egypt,  GCC took...

Saudi Arabia to hold hacking event in November

@Hack set to be one of the largest cyber security events in the world It will host offensive security hackers...

Saudi AI authority, King Abdullah University sign MoU for research and innovation

The worldwide market for AI is expected to generate revenues to the tune of $554 billion by 2024

MENA region to see fall in PC device shipments in Q2 2021

  The Middle East and Africa personal computer devices market will see a decline of 2.4 percent year-on-year in the...

Kalaam Telecom acquires Kuwaiti ISP leader Zajil Telecom

  The combined entity will turn it into a $100m technology solutions company Kalaam will be among the top three...

Huawei bats for ‘all-flash’ data centre in ‘the intelligent age’

The amount of data to be stored will rise from 32 ZB in 2018 to 180 ZB by 2025 Building...

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...

How are on-demand technologies altering the way we work?

By Anthony Khoury Technology has rapidly redefined the way we work and live our lives, allowing for new forms of...

Mac computers could reach new glory due to AI

SAN FRANCISCO, US - Forty years after igniting a PC revolution, Apple's Mac is stronger than ever and could reach new...

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India first nation to land spacecraft near Moon’s south pole

The landing of the unmanned Chandrayaan-3, which means "Mooncraft" in Sanskrit, comes days after a Russian probe crashed in the...

e& capital invests in Maxbyte

The funding aims to expedite growth by bolstering sales team.

Microsoft submits new Activision deal

A previous version of the acquisition deal was blocked.

Most Read

Saudi Arabian Crown Prince launches KAUST’s new strategy

RIYADH, SAUDI ARABIA - Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud, Prime Minister and Chairman of KAUST Board...
  • Strategy aims to transform research into economically productive innovations by focusing on national priorities for research, development and innovation.
  • It aims to strengthen KAUST’s partnerships with both the public and private sectors, which will contribute to achieving the objectives of Vision 2030.

Cloud-based tools help optimize customer experience

Customer experience leaders in organizations of any size will see increased satisfaction in self-service, routing, and agent utilization by implementing...
  • Seventy percent of consumers believe a company's effectiveness is determined by its service
  • New tools help automate tasks, provide data and insights, inform decisions, and improve workflow

International Military Forum Army-2023 opens in Moscow

MOSCOW, RUSSIA - The international military-technical forum Army-2023 opens at the Patriot Congress and Exhibition Center here.About 1,500 prominent Russian...
  • About 1,500 prominent Russian companies of the military-industrial complex will present their products.
  • 85 foreign companies and organizations from seven countries will also participate in the forum.