Snapchat could reveal its financials in less than a week. According to sources, Snap Inc, the guarded company that owns the popular messaging service, will also release its plans for operating as a public company. The move could be spurred by the fact that Snapchat has been building towards its eagerly awaited initial public offering (IPO).
DP World’s container handling hits record high in 2024
DP World’s ports and terminals handled a record 88.3 million twenty-foot equivalent units (TEUs) in 2024, up 8.3 per cent year-on-year despite macroeconomic headwinds and concerns over the outlook for global trade.
TECOM reports AED1.2 billion net profit
TECOM Group PJSC on Thursday announced a record AED2.4 billion in revenue, representing an 11 per cent year-on-year (YoY) increase, resulting in a 14 per cent YoY increase in net profit to AED1.2 billion for the financial year ending December 31, 2024 (FY 2024).
UAE launches ‘Green Intellectual Property’ roadmap
The UAE Ministry of Economy launched a roadmap on Thursday for "Green Intellectual Property (IP)" designed to foster innovation, accelerate technology localisation, and develop new projects in the new economy, environmental sustainability, and circular economy.
Ex-UK PM Tony Blair to speak at WGS
Former UK Prime Minister Tony Blair will join world leaders and leading figureheads from global organisations as part of an expanded World Governments Summit, set to take place in Dubai from February 11-13.
ADNOC Gas delivers record $5 bn net income for 2024
ADNOC Gas plc and its subsidiaries announced on Thursday record earnings for the full year (FY) 2024 of $5 billion and its highest quarterly income of $1.38 billion since its IPO.
