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.
'All roads' lead to higher prices, slower growth, IMF chief says
The war in the Middle East will lead to higher inflation and slower global growth, the head of the International Monetary Fund said on Monday, ahead of a fresh forecast for the world economy planned by the global lender for next week.
ADNOC Gas shareholders approve record $3.6 billion dividend for 2025
ADNOC Gas confirmed shareholder approval of a record $3.584 billion dividend for 2025, with a final dividend of $896 million payable in May, at its Annual General Meeting on Monday.
Dubai South supports SMEs at Business Park through flexible package
Dubai South has announced a flexible and support package for its SME community at the Business Park, aimed at supporting its growing base of businesses.
UAE becomes top 10 global exporter, WTO figures show
The UAE has become one of the world’s top 10 exporting countries for the first time, according to the latest figures from the World Trade Organisation’s (WTO) “World Trade Prospects and Statistics” report.
ADNOC Gas says domestic demand still being met after Habshan attack
ADNOC Gas said on Sunday that demand in the UAE was being met through its other facilities after the Habshan complex in Abu Dhabi was hit by debris from an intercepted attack on Friday.
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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!
