Things aren't looking good for Samsung.
The tech giants have posted a 56 per cent drop in their June-quarter profit.
It comes as a massive oversupply of memory chips continues to drive down prices.
Samsung also said Japanese restriction on the export of chip-making materials was making it difficult to forecast its growth.
World Laureates Summit opens in Dubai
The World Laureates Summit opened on Sunday in Dubai, bringing together more than 150 scientists and participants, including Nobel Prize laureates and recipients of the world’s most prestigious scientific awards, alongside leaders of research institutions and policymakers from around the globe.
RAKEZ records strong growth in 2025, welcoming 19,000 new companies
Ras Al Khaimah Economic Zone (RAKEZ) recorded another year of strong performance in 2025, with 19,000 new companies joining its growing business community.
UAE's non-oil foreign trade exceeds AED3.8 trillion in historic first
The UAE's non-oil foreign trade has exceeded AED 3.8 trillion ($1 trillion) for "the first time in its history", His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, announced on Saturday.
UAE and Scotland boost investment ties
The UAE Ministry of Investment and the Scottish Government have signed a Memorandum of Understanding aimed at strengthening investment cooperation and boosting mutual investment flows between the two countries.
Trump threatens tariffs on any nation supplying Cuba with oil
US President Donald Trump has threatened new tariffs on Thursday on countries supplying oil to Cuba, escalating a pressure campaign against the communist-run island and long-time foe of the United States.
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UAE President Sheikh Mohamed Bin Zayed Al Nahyan’s visit to the US to boost economic and technology ties including AI.
Apple Inc. shares fell Monday after a closely followed analyst warned that demand for the firm’s new iPhone 16 Pro model has been lower than expected. Is this a sign that the AI software just isn’t ready?
Does working from home kill productivity or can it benefit staff by giving them more flexibility and a better work/life balance?
Dubai’s current population is more than double compared to almost twenty years ago, which now stands at 3.7 million. Lots of families are also moving to the UAE now. So what does it mean for the property market?
Glory Ehirim Nkiruka is Noon’s first ever female delivery driver. In her first ever interview, she explained why she loves her job, despite the heat!
