Category: Business

DUBAI: Yalla Group Limited (Yalla Group), the largest Middle East and North Africa (MENA)-based online social networking and gaming company, today announced its financial results for Q2 2024, logging over AED587.3 million (US$159.9 million) in revenue…

ABU DHABI: The Technology Innovation Institute (TII), a leading global scientific research centre and the applied research pillar of Abu Dhabi’s Advanced Technology Research Council (ATRC), has released a new large language model in its Falcon series,…

DUBAI: Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (DEWA), announced that the authority has commissioned 558 11 kV distribution substations across Dubai in the first half of 2024.

The construction of these substations…

The official price of Oman oil Tuesday, for delivery in October, reached $80.03, up by $1.31, compared to yesterday’s price (Monday) of $78.72.

The monthly average price of Omani crude oil for delivery in August reached $82.50 per barrel, down by $1….

DUBAI: Yalla Group Limited (Yalla Group), the largest Middle East and North Africa (MENA)-based online social networking and gaming company, today announced its financial results for Q2 2024, logging over AED587.3 million (US$159.9 million) in revenue…

Japanese stock indices rose on the Tokyo Stock Exchange at the beginning of Tuesday’s trading session.

The Nikkei 225 index rose 1,061.89 points, or 3.03 percent, to 36,086.89 after midday trading.

The broader Topix index added 57.28 points, or 2.31…

ABU DHABI: Standard and Poor’s Credit Ratings Agency (SandP Global Ratings) today forecast that the Takaful sector in the UAE, the region’s second-largest Takaful market, will grow by 15-20 percent in 2024.

The report, released today, also predicts t…