Economy
-
Saudi Arabia’s tech transformation: Embracing AI and semiconductors for a new era
Saudi Arabia has been making significant strides in achieving its Vision 2030 while focusing on technological advancements in artificial intelligence…
Read More » -
Quality control at heart of latest Boeing crisis
Boeing is facing intensifying scrutiny over its quality control practices in the aftermath of a near-catastrophic Alaska Airlines flight three…
Read More » -
Japan says deadly New Year’s day earthquake to cost $17.6 bln
The cost of the damage wreaked by a huge New Year’s Day earthquake that killed at least 236 people in…
Read More » -
MBC Group emerges as global IPO star with unprecedented share surge
The share price of the Middle Eastern broadcasting giant MBC Group skyrocketed by more than twofold, making it the world’s top-performing listing…
Read More » -
Erdogan says Turkey weighing opening new border crossings to boost trade with Iran
Turkey is considering opening new border crossings with eastern neighbor Iran, President Recep Tayyip Erdogan said late on Wednesday after…
Read More » -
Dubai launches support program for govt retirees to launch businesses
Dubai has launched a program offering benefits and incentives to retired Emirati government employees and those approaching retirement to set…
Read More » -
FAA blocks Boeing from increasing MAX aircraft output but ends grounding
The US Federal Aviation Administration late on Wednesday tightened pressure on Boeing by barring the troubled planemaker from expanding production…
Read More » -
Suez Canal traffic plummets 40 pct amid Houthis attacks, threatening world economy
The volume of commercial traffic passing through the Suez Canal has fallen more than 40 percent in the last two months after…
Read More » -
Tesla warns of “notably lower” sales growth in 2024
Elon Musk’s Tesla is forecasting a sharp sales slowdown this year, becoming the latest car company to warn of sagging…
Read More » -
Al-Sisi declares dollar crisis as a recurrent problem for Egypt’s economy
In a speech commemorating Egypt’s 72nd Police Day, President Abdel Fattah al-Sisi on Wednesday highlighted the ongoing challenges Egypt faces…
Read More »