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The US Department of Commerce said Friday that it signed a non-binding preliminary memorandum of terms (PMT) with Amkor Technology, Inc., to provide up to USD 400 million in proposed direct funding under the CHIPS and Science Act.
President Biden sig…
PARIS: For the first time in the history of the Olympic Summer Games, the Opening Ceremony didn’t take place in a stadium. Olympic Games Paris 2024 broke new ground by bringing sports into the city, holding its Opening Ceremony in the heart of the cit…
The Commercial Bank of Kuwait posted KD 62.7 million (USD 207 million) worth of net profits in H1 2024 with a profit per share at 34.9 fils.
Chairman Sheikh Ahmad Duaij Al-Sabah said in a press statement on Saturday that the operational profits befor…
Kuwait’s Minister of State for Youth Affairs Amthal Al-Huwaila emphasized on Saturday that Kuwaiti political leadership is backing Kuwait’s athletes at Olympic Games 2024 currently held in France to raise the country’s flag at international arenas.
S…
Al-Ahli Bank of Kuwait announced on Saturday that it achieved net profits of KD 29.06 million (around USD 95.8 million) in the first half of 2024, a growth of 22 percent year-on-year, with earnings per share at 12 fils. The Al-Ahli Bank Group said in …
The Sultanate of Oman declared on Saturday the start of building a new liquefied natural gas train with a 3.8 million metric tons per annum (MTPA) at Qalhat Industrial Complex in the Wilayat of Sur, South A’Sharqiyah Governorate.
The official Oman Ne…
As Sudan has been embroiled in a 15-month conflict, people can hardly find something to eat, with the UN World Food Program (WFP) cautioning that 25.6 million people, making up 50 percent of Sudan’s population, are experiencing severe food insecurity,…
ABU DHABI: Ghitha Holding PJSC (ADX: Ghitha), the Abu Dhabi-headquartered conglomerate spanning Dairy, Poultry, Vegetable Oil, Seafood, Agriculture, Retail, and Distribution, and a subsidiary of International Holding Company (ADX: IHC), has reported a…
Sharjah: The UAE’s fisheries sector is undergoing a transformative shift with the expansion of the ‘SFS Fisheries’ system, a pioneering