Articles
Mubadala buys 49% stake in Spanish pipes manufacturer
The move aims to boost the UAE's manufacturing capabilities
Apple reports 36% earnings drop on $10bn tax and expects single-digit growth ahead
Boosted by the launch of the iPhone 16 series, the company's premier product surged 6% in the last quarter
Barclays sells its shares in Israeli defence firm Elbit
The move follows a campaign by activists pressuring the bank to end its involvement with the defence company
Microsoft beats analyst estimates on AI-driven cloud demand
Demand continues to be higher than company's available capacity, says Microsoft finance chief Amy Hood
Meta forecasts revenue above estimates while cautioning about growing Reality Labs losses
Since 2020, Reality Labs unit has recorded an operating loss of more than $58bn
Google parent Alphabet reports strong Q3 earnings
Strong quarterly outlook, driven by Google’s cloud business, kicks off major earnings week for tech companies
'There is 20 per cent chance AI goes bad': Musk warns at FII
The Tesla CEO was speaking at the Future Investment Initiative summit in Saudi Arabia
Du posts 42.7% profit increase in Q3 with highest quarterly profit in three years
Dubai telco reports rise in both mobile and fixed services revenues
Boeing to raise $19bn amid financial challenges and mounting losses
Plane maker plans to offer 90 million shares of common stock and $5bn in depositary shares
Investors favour Trump over Harris for US economic leadership, survey finds
Nearly 55% of investors feel that Joe Biden’s economic record could harm Harris’s chances of winning
Tesla stock price rises 12% on plans to launch cheaper vehicles and ride-hailing app
Texas company's chief executive Elon Musk expects vehicle growth to reach between 20% and 30% next year
New Dubai platform aims to ignite the start-up scene
Digital platform aims to attract 5,000 venture capitalists and 500 partners
UAE and Russia aim to boost economic ties amid presidential visit
President Sheikh Mohamed will participate in the 16th Brics summit in Kazan from October 22 to 24
F1 champion Lewis Hamilton calls for responsible AI amid G42-Mercedes partnership
British racer emphasises on astute use of AI to better humanity
Tesla and UAEV licensed to operate EV charging points in Dubai
The Emirates wants half the vehicles on its roads to be electric or hybrid by 2050
