The profit touched $931m in the first nine months of 2022.

The game merges Nintendo's Mario, the Italian plumber who has given his name to an entire universe of games, with Ubisoft's Rabbids, a series focused on the adventures of a species of screeching, hyperactive rabbit-like animals.

The decline came amid reports of economic slowdown.

The International Energy Agency has said that global carbon dioxide emissions from fossil fuel combustion will grow just one percent this year despite concerns that the energy crisis could lead countries to slow their transition to renewables. The IEA predicted CO2 emissions would stand at 33.8 billion tonnes in 2022.

A gift from the Chinese government to mark the World Cup, crowds of children and reporters watched as the four-year-old male and three-year-old female took their first steps in the Al Khor park.

Tesla watchers are expecting a strong fourth quarter.

Subsidies on basic goods are a highly sensitive political issue in Tunisia, where a public finance crisis has caused repeated shortages of subsidised flour, sugar and other basic goods in recent months. The North African country is years into a grinding economic downturn exacerbated by inflation that hit nine percent...

Having spent months trying to break free of the $44 billion buyout contract, Elon Musk now says he is "excited" about taking over Twitter. The social media giant had filed a lawsuit to hold Musk to the terms of the deal he inked in April after the Tesla chief said...

Riyadh, Saudi Arabia---Saudi Arabia’s National Center for Debt Management announced Wednesday that it has invited investors for the first partial repurchase of US dollar-denominated bonds due in the years 2023, 2025 and 2026. The Center said the process is part of the kingdom’s plan in the effective management of the...

This would be the eighth marine service station in the emirate.

Skyborn Renewables is the world’s largest private offshore wind developer.

From among a small pool of short-listed CEOs of listed firms, each winner was picked on the basis of growth, size, profitability, and corporate governance of the company they led.

The company said it ended the third quarter with slightly more than 223 million subscribers worldwide, up some 2.4 million, after seeing subscriber ranks ebb during the first half of the year.

The palm tree-styled street lamps and neon office blocks that line the highway from the expanded international airport to central Doha will be an instant sign to the million-plus incoming fans that the first World Cup in an Arab nation is going to be a glitzy affair. But with Qatar's...

It recorded a 37% increase in net profit to $800m.

Beyond oil and gas, Gulf companies have made some strategic investments in sectors with strong potential for growth, including fintech, e-commerce and logistics. For example, in 2020, Saudi fintech startup Tamara established operations in Vietnam, and the UAE's B2B e-commerce provider Distichain set up a base in Singapore.

Aiming to bolster cooperation on renewable energy, Morocco and the European Union have signed a "green partnership" deal in order to offer alternatives for European nations that are trying to wean themselves off fossil fuels, whose prices have soared in the wake of Russia's invasion of Ukraine.

The bank's revenues declined 12 percent to $12 billion.

Nearly 32 percent of respondents to a TRENDS poll saw metaverse as a good investment for GCC businesses, as two biggest economies in the region invest heavily in this sector.

Major global equities rose, with sentiment soothed after upbeat US earnings and Britain shredded its controversial budget. Analysts pointed to better-than-expected reports from Goldman Sachs and Johnson & Johnson as a positive driver for stocks. On Wall Street, the Dow Jones jumped two percent after a day of strong trading...

The Abu Dhabi Department of Economic Development (ADDED), and Bangladesh Embassy in Abu Dhabi, have organized the Economic Cooperation Forum to enhance economic cooperation and mutual investment opportunities.

Abu Dhabi, UAE-- The Abu Dhabi Residents Office, part of Abu Dhabi Department of Economic Development (ADDED), has signed a strategic agreement with Aldar Properties for enhancing the Abu Dhabi Golden Visa’s services and offerings. As per the agreement, the Abu Dhabi Residents Office and Aldar Properties are working on...

The Kremlin said that the investigation into the explosions that tore through the Nord Stream gas pipelines was being 'tailored' to place the blame on Russia.

Rabat, Morocco---A Takaful insurance company will be established in Morocco by Qatar Islamic Bank, Atlanta Insurance and Moroccan Tourism and Real Estate Loan Bank (CIH) after the Moroccan Supervisory Authority of Insurance and Social Welfare (ACAPS) approved the decision. Takaful is Sharia-compliant Islamic insurance wherein members contribute money into a pool...

The Central Bank of the UAE (CBUAE) in collaboration with the Tawazun Economic Council (Tawazun), has issued 1,000 silver commemorative coins to mark the 30th anniversary of Tawazun.

The Taiwanese tech giant Foxconn has moved to diversify beyond electronics assembly and embraced the competitive but rapidly expanding EV business, unveiling three concept cars last year.

The yards will more than triple Saudi offshore fabrication capacity.

It reported $783m profit in the first nine months of the year.

Abu Dhabi Chamber of Commerce and Industry (ADCCI) will launch a new platform for Abu Dhabi's business community in order to support digital transformation.

Applauding Qatar's "groundbreaking reforms" that are "changing the lives of thousands of workers for the better," FIFA President Gianni Infantino has dispelled doubts about Qatar's rights record ahead of the World Cup. The footballing body said it is negotiating measures to help migrant workers on the Gulf state's construction sites.

Fuel workers voted to continue stoppages at several refineries run by TotalEnergies, the coordinator for the hard-left CGT union Eric Sellini said, rejecting a pay package agreed between the group's management and mainstream unions. Three out of seven of the country's oil refineries and five major fuel depots are affected,...

UAE's Ministry of Energy and Infrastructure signed a Memorandum of Understanding with its counterpart in Chile to exchange knowledge and expertise in energy and advance this vital sector locally and globally.

ADQ aims to establish a diversified aviation services and MRO business.

More than one million football fans are expected to descend on the capital Doha during the November-December tournament, putting a strain on the tiny Gulf nation. Landlords who have spotted an opening to increase rents, with some kicking out tenants on very short notices.

Riyadh, Saudi Arabia---Saudi Arabia will target 11 new decisions for Emiratisation program in project management, procurement, food and drug sectors before the end of 2022, said Ahmed bin Sulaiman Al-Rajhi, the Minister of Human Resources and Social Development. During his meeting with businessmen and women at the Chamber of Commerce...

The agreement was signed with Damen Shipyards and DTec Industries.

The company will list 880,000 ordinary shares via an IPO.

The forum targets GCC entrepreneurs and business incubators and accelerators and financing institutions in GCC.

The stock rose after the transfer of its subsidiary to the PIF.

The Sharjah Chamber of Commerce and Industry participated in the international conference to mark the 100th anniversary of the Egyptian Chamber of Commerce in Alexandria and the 40th anniversary of the Federation of Mediterranean Chambers.

It was named as the Largest Single-Site Water Desalination Facility in the World by the Guinness World Records.

UAE Minister of State for Financial Affairs Mohamed bin Hadi Al Hussaini met with India's Minister of Finance Nirmala Sitharaman on the sidelines of the G20 meetings in Washington.

The production unit was inaugurated at Hamriyah Free Zone in Sharjah.

The Foreign Experts Court of the Abu Dhabi Judicial Department (ADJD) has managed to maintain high adjudication rates in the cases brought before it over three years since it started operating in 2019.

Riyadh, Saudi Arabia-- Saudi Arabia's Deputy Minister of Industry and Mineral Resources for Mining Affairs Khalid bin Saleh Al-Mudaifer said Sunday that the kingdom aims to establish a world-class business system in cooperation with South Africa, which he said was the most suited partner for achieving these goals. In his...

The agreement would result in partnership in encouraging direct investment, communications and information technology, exploring the establishment of a joint investment fund between the two nations.

The British government said the Free Trade Agreement is a major economic opportunity and plays a key role in the relations between UK and GCC.

The hard-left CGT union, which launched the industrial action three weeks ago, said that workers at three TotalEnergies sites had decided to extend their strike.

The UAE stock market followed the trend of other markets worldwide and ended the week on a high note but the Saudi TASI index closed down 1.1 percent.

LuLu Exchange – one of UAE’s leading financial service providers, announced that it has signed an agreement with the country's Ministry of Interior to launch a digital KYC process through new-age facial recognition on its cross-border payments app, LuLu Money.