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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%.
  • Valid PCR requires to travel through King Fahd Causeway

    The Police Directorate of Causeway has asked travelers to follow precautionary measures that are mandatory.

    Those who have been fully vaccinated and have a valid PCR would be allowed to pass through King Fahad Causeway bridge

    Violators caught in breach of law would be sentenced up to 10 years in jail and those provided assistance would also be charged

  • JBA head, Tunisian envoy discuss enhancing joint economic cooperation

    According to a JBA statement it has helped promote joint investments and increase the volume of Jordan-Tunisia trade exchange.

    According to a JBA statement it has helped promote joint investments and increase the volume of Jordan-Tunisia trade exchange

    The two sides discussed joint cooperation in the sectors of garment, textiles, banking, contracting, traditional industries, transport, shipping, and pharmaceutical industries.

  • Iran Guards unveil missile said to put Israel within reach

    The missile has a range of 1,450 kilometers (about 900 miles), runs on solid fuel, and is capable of penetrating...

    The International Institute for Strategic Studies says Iran has about 20 types of ballistic missiles as well as cruise missiles and drones

    Their capabilities vary, with the Qiam-1 having a range of 800 kilometers and the Ghadr-1 able to reach 1,800 kilometers

  • UN panel wraps up after Iraq pays $52.4bn for Kuwait invasion

    A UN commission set up to obtain reparations from Iraq over the country's 1990 invasion of Kuwait submitted its final...

    Iraq's Saddam Hussein ordered his army to invade Kuwait and seize what he described as "Iraq's 19th province" on August 2, 1990

    The recipients of the war reparations included private individuals, companies, government organisations and other groups that suffered losses

  • Iran develops a missile that can reach up to Israel

    Iran's Islamic Revolutionary Guard Corps on Wednesday announced the development of a surface-to-surface missile whose stated range would put arch...

    The missile was named the Khaybarchekan after a victorious battle fought by the Prophet Mohammed in the seventh century

    Armed forces chief of staff Mohammad Bagheri described it as a strategic, "long-range" missile

  • Qatar to host gas exporters summit as Ukraine crisis simmers

    The US has sought the help of its close ally Qatar in providing emergency supplies if pipelines to Western Europe...

    Russia, Iran and Qatar are key members of the forum. Two other exporters, the US and Australia, are not part of the group.

    The GECF says its 11 members and seven associate countries account for 70 percent of proven gas reserves and 51 percent of global liquefied natural gas exports.

  • Israel says Syria fired anti-aircraft missile during reported Israeli strike

    Syrian state television reported an Israeli strike around Damascus.

    Syrian state television reported an Israeli strike around Damascus

    Israel has not confirmed it carried out any missile strike against Syria

  • DEWA first in the world to win 8 stars in EFQM Innovation Lens

    Dubai Electricity and Water Authority (DEWA) has achieved 8 stars level in the European Foundation for Quality Management (EFQM) Innovation...

    DEWA achieved a score of 800 on this award that measures innovation culture and its role in achieving results in leading organizations worldwide.

    DEWA made many achievements in the field of excellence in 2021, including winning the Sheikh Khalifa Excellence Award (SKEA) in the Elite Category.

  • UAE and Belgium look to boost security ties

    The UAE and Belgium have signed a memorandum of understanding (MoU) in order to strengthen cooperation in the fields of...

    The UAE was represented by Lt. General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister and Minister of the Interior

    The memorandum is aimed at stepping up joint cooperation between the two countries, developing bilateral relations in the security and police fields

  • Israel PM vows action as police Pegasus spying scandal widens

    The latest bombshell from business daily Calcalist alleged that Pegasus was used against a son of former premier Benjamin Netanyahu...

    Calcalist had previously reported that the controversial malware was used by police against leaders of an anti-Netanyahu protest movement.

    Pegasus is at the center of a months-long international scandal following revelations that it was used by governments worldwide to spy on activists, politicians, journalists.

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