In Middle East, ‘manufacturing’ is a new buzzword
Form Saudi Arabia to the UAE, Qatar to Kuwait, governments of the region compete to jumpstart an industrial sector. But doubts remain whether it can be pulled off.
investment
UAB net profit up by 50% for H1
Total assets increase by 11 percent.
TSMC Q2 profit up 60%
TSMC is the world's largest contract maker of chips.
ADNOC shifts OMV stake to XRG
XRG is ADNOC's wholly-owned international investment company.
SIB H1 net profit $189m
The bank's total assets increased by $1.49 billion.
TSMC’s H1 revenue up 40 percent
Robust demand for AI technology behind the surge.
