‘TAQA’ prices $1.75bn dual tranche
The 12-year senior unsecured notes are sized $850m.Samsung says planning job cuts
The layoffs could affect about 10 percent of the workforce.GM reports US sales dip, that of EVs grew
The big Detroit automaker reported 659,601 US sales during the period.Covestro accepts ADNOC takeover bid
The deal values German chemicals group at $13.3bn.Masdar acquires Saeta Yield
The deal is estimated to be valued at $1.4 billion.Boeing lifts wage hike to 30%
The 30% general wage hike improves upon the 25% in the earlier offer.ADNOC Distribution H1 dividend $350m
The total dividend for 2024 is expected to be $700 million.TAQA launches new corporate identity
Abu Dhabi Energy Services will be renamed as TAQA Services.Rightmove rejects £5.6bn Murdoch bid
The property website said the bid was undervalued.EGA buys 80% stake in Spectro
EGA says the deal boosts its plan to expand recycling space globally.Xiaomi posts solid quarterly sales growth
The company is Chinese smartphone and household tech giant.TSMC starts work on first European plant
TSMC is investing $3.9bn in the Dresden project.ADQ to invest $1bn in Sotheby’s
ADQ will acquire newly issued shares of Sotheby’s to support its growth.Intel to slash workforce
The company to cut approximately $20 billion in expenses this year.BP H1 profits down 79%
Revenue dropped 8 percent to $98 billion in the same period.US defends forcing sale of TikTok app
TikTok's suit argues this violates First Amendment rights of free speech.Boeing guilty plea deal filed
The plea deal must be approved by a federal court judge.ADNOC Gas awards $550m contracts
The company aims to expand UAE gas infrastructure, increase customer reachAirbus nets satellite deal
The $2.5bn contract was awarded by the German army.Tesla Q2 auto deliveries surge
Deliveries still 4.7 percent down from a year ago.Apple holds talks with rival Meta
The company to integrate Meta's generative AI into its products.UBS-Credit Suisse merger completed
The fallen Credit Suisse AG legally ceases to exist.Amazon to invest $17bn in Spain
The investment will be made in data centers in Aragon region.Microsoft unveils ‘AI-ready’ PCs
The company's pivot to AI has been celebrated by Wall Street.TAQA Q1 net income $571m
Net income fell $2.58bn due to one-off items recognized in 2023.QatarEnergy buys stake in Egypt blocks
It did not disclose the cost of the agreement.TSMC’s April revenue up 60%
It capitalized on huge wave of demand for chips used in AI hardware.Etihad reports record Q1 profit
Total revenue increased by $269 million in the same period.Aramco Q1 profit down 14.5%
Despite lower profit, it will pay $31bn in dividends to Saudi government.IHC Q1 net profit $2.17bn
The company launches Share Buyback ProgrammeAmazon triples quarterly profit
The company's cloud, ads, and retail businesses thrive.McDonald’s profits up 7%
The quarterly profits increased despite weak Middle East sales.ADQ buys stake in Plenary Group
The deal is aimed at expanding public and social infrastructure.FPT and Nvidia to build AI factory
Nvidia had invested around $250 million in Vietnam.Swiss reserve hike hits UBS
The reserve requirement will increase from 2.5% to 4% from July 1.Meta releases beefed-up AI models
The models are built on new versions of publicly available Llama 3.Alkhorayef Water awarded $458m contract
The operation and maintenance contract will be for over 15 years.OpenAI comes to Asia
The ChatGPT creator opens first Asian office in Tokyo.JPMorgan Chase profits up 6%
The bank's CEO warns about risk of persistent inflation.Fujifilm ups biotech plant investment
The cost of investment in North Carolina plant is $1.2 billion.Uniqlo upgrades net profit forecast
It now expects to make $2.1bn in the year to August.ByteDance profits jump 60%
Sales also grew to nearly $120 billion from $80 billion.BP issues upbeat Q1 outlook
The energy major's share price gained almost 2 percent.QFZ, AEMOB to drive EV innovation
AEMOB Forum will be held in Qatar from April 30 to May 2Tesla to unveil robotaxi in August
Its shares rose more than three percent in after-market trades.Meta to label AI-generated content
It seeks to reassure users over the risks of deepfakes.CBI, zypl.ai ink partnership
The pact aligns with CBI’s plan to support innovation in UAE.Samsung expects 10-fold jump in Q1 profit
It expects operating profits to jump to US$4.89bn.RAKBANK, DP World sign pact
The aim is to offer trade finance solutions to businesses in UAE.Apple explores making personal robots
It is working on a robot that may be helpful to people.

















































