Monthly Archives

January 2024

Samsung reports a 34.57% decline in Q4 operating profit

Samsung Electronics, the world’s leading producer of dynamic random-access memory chips, has reported a 34.57% decrease in its operating profit for the fourth quarter compared to the previous year. This decline is consistent with the…

Saudi Arabia’s premier travel expo kicks off in Jeddah

The 12th edition of the highly anticipated Jeddah International Travel and Tourism Exhibition (JTTX) commenced yesterday in Jeddah, according to a report by the Saudi Press Agency (SPA). This three-day event, hosted at the Jeddah Superdome,…

ADNOC’s offshore electrification targets 50% carbon cut

The world’s most extensive and cutting-edge power cable-laying vessel has embarked on a groundbreaking endeavor, the $3.8 billion (AED13.95 billion) collaborative project between ADNOC and Abu Dhabi National Energy Company PJSC (TAQA). The…