‘Innovative startups key to national prosperity’
"Investing in youth, inspiring ideas, and transforming them into creative projects is a cornerstone for facing global challenges in many vital sectors," he add while opening the "Seaside Startup Summit UAE 2024" at the Longbeach Campground Hotel in Ras Al Khaimah, which will continue until February 28.
Startups
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.