UAE Corporate Earnings Defy GCC Trend, Driven by Non-Oil Growth
The United Arab Emirates has emerged as a standout performer in the GCC, with its corporate earnings surging in the…
Category: Business
Adnoc L&S Takes Delivery of First LNG Carrier in Major Fleet Expansion
Adnoc Logistics and Services (Adnoc L&S), a global leader in energy maritime logistics, has taken delivery of “Al Shelila,” the…
Wynn Resorts’ Al Marjan Island Project Reaches 55% Completion
Wynn Resorts announced that construction of its integrated gaming resort on Al Marjan Island in Ras Al Khaimah is 55%…
U.S. Antitrust Lawyers Push for Google Chrome Sale to Curb Market Power
The U.S. Department of Justice (DOJ) has proposed a dramatic move to curb Google’s dominance in online search by recommending…
US Regulators’ Bid to Break Up Google Faces Legal and Political Challenges
Efforts by U.S. antitrust regulators to force Alphabet Inc. to sell its Google Chrome browser and impose restrictions on its…
Lulu Retail Reports $1.86 Billion Q3 Revenue Following Landmark IPO
Lulu Retail, a leading regional retailer, announced a $1.86 billion revenue for the third quarter of 2024, marking a 6.1%…
Commercial Bank Honored at Mastercard Forum for Excellence in Card Portfolio Performance
Commercial Bank, a leader in Qatar’s banking sector, has received a prestigious accolade at the Mastercard East Arabia Business Forum…
UAE-Based Firm Peec Mobility Invests $12 Million in Electric Vehicle Conversions
Peec Mobility, a UAE-based company specializing in converting gasoline-powered vehicles into electric ones, has announced a $12 million investment to…
Natural Gas Key to Cutting Emissions and Supporting Global Energy Transition, Says Crescent Petroleum CEO
Investing $2 trillion to convert coal power plants to natural gas could reduce global carbon emissions by 15%, according to…
Malaysia Launches Mihas@Dubai 2024, Eyes RM1 Billion in Halal Trade Sales
Malaysia has set an ambitious target of achieving RM1 billion (Dh819.7 million) in sales through Mihas@Dubai 2024, the international edition…