The firm’s performance was fueled by strong growth.
Cisco to cut thousands of jobs
Nearly 5% of its workforce will be hit by the cuts.
UPS says will cut 12,000 jobs
The move comes as UPS seeks to "align" its resources.
Yalla 9M revenue at $237.9m
The results underscore the firm’s robust financial performance.
DEWA Q3 2023 revenue $2.5bn
The revenue was driven by demand for electricity, water.Empower 9M revenue $618m
Firm paid cash dividend of US$115 million.
Delta posts Q3 profits of $1.1b
The company’s revenues rose 11 percent to $15.5 billion.
DEWA 2022 profit is $3bn
DEWA reported consolidated revenue of $7.46 billion.Boeing posts Q4 loss of US$634m
Firm confirmed its 2023 outlook amid strong aviation demand.
SoftBank Q2 net profit at $21.4b
Firm's reduction of stake in Alibaba partly helped.
Volvo Cars posts Q3 net profit of US$61m
Retail sales declined in its main markets Europe and the US.Infosys Q2 profit at US$731.4m
The firm approved a $1 billion share buyback after Q2 result.
Amazon reports rare quarterly loss
The company warns of continuing challenges in the months ahead.Boeing reports $4bn loss
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.
Saudi employers can now issue residence, work permits on quarterly basis
Saudi Arabia has announced a new procedure that allows employers to renew residence permits, work permits and financial compensation for a minimum period of three months. The employers can issue permits for a varying period of three to 12 months, with the exception of domestic workers. Local media reports said...
Riyadh leads Q2 Saudi Arabia residential market boom
Latest review by global property consultant Knight Frank says apartment values in Saudi capital grew by 7.6 percent year on year.
