Jitters about US tariffs hammered Asian stocks again early Friday as President Donald Trump acknowledged a "cost" to his surging trade offensive against superpower rival China..

Smaller AI models save energy, reduce costs, and enhance data security but work alongside large models for advanced solutions.

ROME, ITALY – The situation in the Red Sea has not yet been reflected in the pace of prices for foods monthly reflected in the FAO Food Price Index, Monika Tothova, the economist at the Food and Agriculture Organization of the United Nations (FAO) said. “Following on its 2023 and...

The layoffs will reduce costs for the Spanish company.

Dubai, UAE - The ongoing conflict between Israel and Gaza could result in a significant economic toll for Israel, with estimations pointing to a potential cost of $48 billion over the current and upcoming year, Turkey's Anadolu Agency reports. Yali Rotenberg, the chief accountant at the Israeli Ministry of Finance, was...

The bank's operating income rose 23% to US$3.32 billion.

Amman, Jordan--Jordan is urging "companies and institutions" to switch to renewable and sustainable energy to reduce operating costs. In this regard, the kingdom's Minister of Energy and Mineral Resources Saleh Kharabsheh said Tuesday opportunities exist for cooperation to cut energy consumption across various sectors through implementing programs similar to those...

Dubai, UAE-- The UAE has set its sights on regulating the energy providers market as a step toward developing the country's energy infrastructure and enhancing environmental sustainability. The initiative is a vital component of a new policy that aims to ramp up investments in the energy sector, encouraging innovation, and...

The shares fell on the lender's rising cost of default cover.

It will slash 2.5% of workforce as a cost-cutting effort.

Defying a government ban against marches, scores of Moroccan trade union activists protested on Sunday in the capital Rabat and other cities to denounce surging costs of food and fuel. Protestors from the Democratic Labour Confederation (CDT) organized rallies outside their offices in Rabat and Casablanca as well as other...

Total operating income rose 11% in 2022 compared to 2021.

DUBAI, UAE -  Dubai Electricity and Water Authority (DEWA) inaugurated 17 new substations in 2022. These include fifteen 132kV stations with a conversion capacity of 2,280 megavolt amperes (MVA) and two 400kV stations with a conversion capacity of 4,000 MVA, in Al Qusais Industrial Area 5 and Jebel Ali First....

It will target Qatar-based small and medium enterprises.

A survey undertaken in Germany has revealed that consumers are heading into 2023 feeling upbeat as government interventions take some of the sting out of soaring energy costs. Pollster GfK said its forward-looking survey of around 2,000 people inched up by 2.3 points to reach minus 37.8 points for January.

Abu Dhabi, UAE— Abu Dhabi Global Market (ADGM) Courts has announced the first-ever introduction of blockchain technology for the global enforcement of commercial judgments. The announcement was made during Abu Dhabi Finance Week. The blockchain solution will result in substantial time and cost savings for parties in the enforcement of...

Passion for football in the Middle East runs deep, but a week before the start of the World Cup, the fervor is not universal as high costs are keeping many MENA fans away.

Multi-tenant cloud-based deployment can offer vast amounts of storage, a speedy implementation, and advanced security capabilities. If the leadership team is seeking comprehensive, end-to-end transformation, multi-tenant is unequivocally the best option for the long term, he adds.

In its new analysis, energy think tank Ember compared data from the first six months of the year -- which included the Russian invasion of Ukraine -- and the beginnings of the international energy crisis.

Widespread street demonstrations sparked by the death of Mahsa Amini, 22, who died following her detention by morality police for allegedly breaching the country's strict Islamic dress code, are in their third week.

The 2022 World Cup may prove to be a big windfall for Qatar as it hopes to make some $17 billion in profit from the event. The global sporing event is expected to draw tens of thousand of football fans from around the world to watch dozens of games in...

NASA has called off the scheduled Tuesday launch of its uncrewed mission to the Moon due to a tropical storm that is forecast to strengthen as it approaches Florida. After two previously canceled launch attempts, NASA is weighing returning the Artemis 1 mission rocket to its assembly site under the...

Most of the data breaches reportedly happen within the organization, but the silver lining is that organizations are handling these more effectively now.

Not all banks in the GCC are at the same stage of digital adoption. TRENDS reviews which ones are way ahead of the curve and which are still lagging.

The first shipment of Ukrainian grain left the port of Odessa on Monday morning, Turkey announced, as Kyiv said the "brutal" shelling by Moscow of the southern city Mykolaiv had killed an agriculture tycoon.

Saudi Arabia's non-oil economy has recorded a strong improvement in business conditions in June, according to the latest Purchasing Managers Index data report from S&P Global.

Ajman's Department of Finance (DoF) has teamed up with Oracle to adopt a cloud-based resource management system that enables more efficient finance, supply chain and HR functions.

The British firm reported $14.5bn revenue in Q1.

Here’s a look at how the price of an Iftar meal compares to a standard meal eaten in moths other than Ramadan.

The net profit of Gas Arabian Services Co. has decline to $16 million.

Moroccan truck drivers are observing a three-day strike in protest at spiraling fuel costs, a union said Tuesday, as oil prices spike over Russia's war in Ukraine.

Air pollution costs the Middle East and North Africa $141 billion per year, or around 2% of GDP on average, the World Bank said Monday, urging a green post-Covid-19 recovery for the region.

Boeing reported a hefty fourth-quarter loss Wednesday on mounting costs associated with the widebody 787, of which it has suspended deliveries due to quality problems.

Arsal town is home to 70,000 Syrian refugees. The cost of fuel families need to power their stoves has risen by around 350 percent after Lebanon lifted fuel subsidies.

Merely producing great quantities of oil or having a shortage does not dictate whether a country will have the cheapest or costliest gasoline.

Zain KSA, the Saudi telecom firm, has reported a 36 percent drop in net profit to SR143 million in the first nine months of 2021.

Higher non-funded income, reduction in the cost of risk push profits up.

The dish sees the vada filled with truffle butter and cheese, stuffed in a bun, and served with sweet-potato fries and mint lemonade.

Higher fuel volumes, improvement in non-fuel and commercial gross profit margin and increased operational efficiencies made in the first half of 2021 helped in delivering good results.

Arabica coffee on the ICE Futures US exchange has doubled in price over the last 12 months

Accelerated mostly by the cost of food and fuel, inflation in Saudi Arabia has surged to 6.2 percent in June, the highest this year.